Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

An attack exploiting CVE-2023-34362, a zero-day vulnerability in the MOVEit file transfer software, was disclosed at the start of June, with additional victims still being uncovered. The vulnerability is an SQL injection vulnerability that could allow an unauthenticated attacker to gain access to MOVEit Transfer's database. The attack was carried out by at least one threat who gained unauthorized access to the software and stole sensitive data from affected organizations.

In a climate where companies largely gain attention only when something negative happens, it’s time to celebrate and recognize the companies who are best in class when it comes to cybersecurity. That’s why we applaud Forbes’ decision to produce the industry’s first list of America’s Most Cybersecure Companies. These companies illuminate how cybersecurity is being taken seriously as a core business issue.

SecurityScorecard conducted an extensive investigation into the Zellis breach. This research revealed alarming insights about the scale and persistence of the attack. The data exfiltration was carried out in several steps: Netflow data from Zellis IP ranges indicated large outbound transfers over HTTPS, which pointed towards the presence of a web shell. Additionally, SecurityScorecard researchers detected exfiltration over SSH to known malicious IP addresses.

A data breach is an IT security incident where data is compromised or stolen from a system without the knowledge or authorization of its owner. But what happens when a third party is involved? Stolen data may include sensitive, proprietary, or confidential information such as credit card numbers, trade secrets, customer, or patient data. Third party breaches cost millions of dollars every year to companies of all sizes.

Modern applications are built, deployed and, run in increasingly complex and dynamic environments. Assessing and prioritizing the security issues introduced by these applications without taking this context into account inevitably leads to focusing remediation efforts on the wrong set of issues. This not only results in real risk slipping under the radar but also wastes the valuable time of developers, increasing their frustration and eroding their trust in security.