Progress Software’s Messy Monday: SEC Spotlight, 64 Million Exposed in MOVEit Breach, and Lawsuits Galore!

Nothing spells ‘Oops’ like a MOVEit Software Vulnerability Exploit, especially when it exposes 64 million people’s data. Progress Software’s mishap now has the SEC at their doorstep and a rain of 58 lawsuits. It’s like a bad rom-com, but with ransomware gangs and cybersecurity. Grab your popcorn; this drama is just beginning.

Published: Added: October 12, 2023 at 9:41 amAssembled by: J J
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Hot Take:

When you've got the SEC breathing down your neck, you know it's not just another Monday. Progress Software is now in the hot seat, with the SEC wanting to have a friendly chat about that little mishap known as the MOVEit breach. Sure, it only exposed the data of a meager 64 million people. No biggie, right? But hey, at least Progress is cooperating. Now we just wait for the popcorn to start popping in this cybersecurity theater.

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