Hundreds of Companies Using the MOVEit File Service Lose Confidential Data to a Ransomware Attack
MOVEit, a massive global fire-sharing service provider, recently suffered a data breach that could impact 100's of corporations in the United States, Europe, and many other areas of the world. The file-transfer service provider is supposed to offer a secure transfer solution, and it appears that it may not be as secure as so many hoped. This breach is the result of a ransomware attack, and that attack could result in substantial losses for so many involved.