Major Companies Fall Victim to Widespread MOVEit Cyber Attacks

Organizations of all sizes are being targeted by the Clop ransomware group through a critical vulnerability in the widely used file-transfer program, MOVEit. The attacks are fueled by a recently patched SQL injection vulnerability, allowing attackers to steal data from compromised servers. The attacks have hit banks, government agencies, and other targets in alarmingly high numbers. The attacks are described as widespread and are expected to get worse.