"Critical Vulnerabilities in File Transfer Tools Pose Major Cybersecurity Threats"

Progress Software has issued a warning to its customers to patch a maximum severity vulnerability in its WS_FTP Server software, which is used by thousands of IT teams worldwide. The vulnerability allows unauthenticated attackers to execute remote commands and perform file operations outside the authorized WS_FTP folder path. Progress is still dealing with the aftermath of data theft attacks on its MOVEit Transfer platform, with over 2,100 organizations and 62 million individuals affected. The Clop ransomware gang is expected to collect an estimated $75-100 million in ransom payments.