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Financial Firms Breached in MOVEit Cyberattacks Now Face Lawsuits

iTWire - MOVEit victims hit by Cl0p now approaching 400: Emsisoft

Transcripts for FOXNEWS Fox News Live 20240604 16:44:15

Transcripts for FOXNEWS Fox News Live 20240604 16:44:15
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Transcripts for CNN CNN This Morning Weekend 20240604 11:29:00

that exposed the personal data of millions of americans. likely carried out by the ransomware gang that has compromised several federal agencies, including the department of energy. here is more. u.s. government agencies and corporations around the world continue to respond to a ransomware attack allegedly carried out by russian hackers. now, the hackers exploited a vulnerability in a very popular software called moveit. it s a file transfer software that governments and organizations use to send files from one system to another. the hack actually began several weeks ago but this week cnn broke the news that multiple u.s. government agencies were impacted. the investigation is ongoing. this appears to be a very opportunistic attack and there s not really a risk of any sort of disruption to government services. however, it s another reminder of the threat from ransomware,

Transcripts for CNN CNN Newsroom With Fredricka Whitfield 20240604 15:30:00

not clear to me that i will take the word of a cyber criminal group operating out of russia at face value, but so far, it seems like it is consistent with that, with their behavior. and we only have a couple of moments left, ahmed, but i just want to explain to our viewers how this works. the hackers appear to have exploited a flaw in a popular file transfer software. so can you explain what that means, and how it allowed them to break into these networks? yes, sure. so basically, as your correspondent said, the hackers exploited a software called move it, and it has a vulnerability, which allowed them to, from their web application, access the database of files that were being transferred, and so what they ended up doing is

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