SEC Investigating Progress Software Over MOVEit Hack: Examining the Regulatory Fallout of Cybersecurity Breaches
Data Breaches SEC Investigating Progress Software Over MOVEit Hack The US Securities and Exchange Commission (SEC) has initiated an investigation into Progress Software’s MOVEit transfer tool vulnerability, which led to a data breach affecting more than 2,000 organizations and 60 million individuals. The vulnerability, tracked as CVE-2023-34362, was exploited by the Cl0p ransomware group to…