Decoded: The Significance of the MOVEit Breach Reveals Hackers’ Fascination with File Transfer Tools

Decoded: The Significance of the MOVEit Breach Reveals Hackers’ Fascination with File Transfer Tools

Ransom-seeking hackers have set their sights on managed file transfer (MFT) software, aiming to exploit the valuable data exchanged between organizations and their partners for lucrative payouts. Governments and companies worldwide are grappling with the aftermath of a recent widespread compromise that targeted Progress Software’s MOVEit Transfer product. In 2021, hackers exploited Accellion’s File Transfer …

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