Hackers use flaw in popular file transfer tool to steal data, researchers say

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Hackers use flaw in popular file transfer tool to steal data, researchers say
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Hackers have stolen data from the systems of a number of users of the popular file transfer tool MOVEit Transfer, US security researchers said, one day after the maker of the software disclosed that a security flaw had been discovered

"Mass exploitation and broad data theft has occurred over the past few days," Charles Carmakal, chief technology officer of Mandiant Consulting, said in a statement.

"Although Mandiant does not yet know the motivation of the threat actor, organizations should prepare for potential extortion and publication of the stolen data," Carmakal said. Progress Software has outlined steps users at risk can take to mitigate the impact of the security vulnerability."We have no evidence of it being used to spread malware," he said.

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