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h1: CISA and FBI Warn of Ransomware Attacks
The Cybersecurity and Infrastructure Security Agency (CISA) and Federal Bureau of Investigation (FBI) have issued a warning about the active exploitation of a critical flaw in the Progress Software’s MOVEit Transfer application. The flaw is being used by Cl0p Ransomware gang, aka TA505, to drop ransomware.
h2: Exploitation of Critical Flaw in MOVEit Transfer Application
CISA and FBI have jointly issued an advisory revealing that the Cl0p Ransomware Gang is actively exploiting a recently disclosed critical flaw in the Progress Software’s MOVEit Transfer application. The flaw is also known as SQL injection and is being used to drop ransomware.
h2: Potential Harm Caused by the Exploitation
The exploitation of the critical flaw in the MOVEit Transfer application is leading to widespread ransomware attacks. The SQL injection is being used to drop Cl0p ransomware, which encrypts the victim’s files and makes them inaccessible unless a ransom is paid to the attacker. The harm caused by such ransomware attacks includes financial loss, data theft, and damage to an organization’s reputation.
h2: TA505 Behind the Attacks
According to CISA and FBI, the Cl0p Ransomware Gang, also known as TA505, is behind the active exploitation of the critical flaw in the MOVEit Transfer application. TA505 is a cybercriminal group that has been involved in several large-scale ransomware attacks in the past.
h2: Steps to Mitigate the Threat
CISA and FBI have recommended several measures that organizations can take to mitigate the threat posed by the active exploitation of the critical flaw in the MOVEit Transfer application. The measures include patching the flaw as soon as possible, implementing network segmentation, having offline backups, and educating employees about the importance of identifying and reporting suspicious activities.
h3: Summary
The active exploitation of a critical flaw in the Progress Software’s MOVEit Transfer application is being used by the Cl0p Ransomware Gang, aka TA505, to drop ransomware. The harm caused by such ransomware attacks includes financial loss, data theft, and damage to an organization’s reputation. To mitigate the threat posed by the flaw, organizations should patch it as soon as possible, implement network segmentation, have offline backups, and educate employees about identifying and reporting suspicious activities.Original Article: https://thehackernews.com/2023/06/clop-ransomware-gang-likely-exploiting.html
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