SEC is investigating the MOVEit vulnerability that exposed 64M peoples' personal data

Ink

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Jan 8, 2011
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A MOVEit data breach resulted in “at least” 64 million people having their personal data exposed by the failings of a company they’ve likely never heard of. The breach affected customer organizations ranging from Sony to the Louisiana Office of Motor Vehicles, and the SEC is now investigating

Progress Software disclosed that it has received a subpoena from the SEC to share information relating to the vulnerability in its file transfer software, MOVEit, which became the subject of a massive exploit beginning last May.

According to the filing, the investigation is presently a “fact-finding inquiry,” and there’s no indication at this time that Progress has “violated federal securities laws.” The company intends to cooperate with the SEC.

Related thread: Security News - MOVEit Transfer zero-day mass-exploited in data theft attacks
 
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