It’s been reported (Emsisoft) that the hack of MOVEit software by the Russian Cl0p ransomware gang may have impacted nearly 1,000 organisations and 60 million individuals.
The supply chain attack ‘payroll hack,’ which exploited a vulnerability in Progress’s popular MOVEit software (used to move sensitive files like employee addresses or bank account details), is reported to have stolen and exposed the information of major companies including British Airways, Boots, the BBC, and almost 1000 others worldwide.
This highlights the importance of businesses having comprehensive cyber security in place including effective backup, and business continuity and disaster recovery plans.