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MOVEit Transfer Security Advisory

By June 14, 2023October 13th, 2023Cyber Awareness
MOVEit Transfer Security Advisory - Wedgwood Insurance
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A new Canadian Centre for Cyber Security alert advises that starting in late May, a well-known ransomware group called Clop compromised a widely used managed file transfer (MFT) platform called MOVEit Transfer, reportedly impacting hundreds of companies globally. 

In Nova Scotia, 100,000 current and former employees of Nova Scotia Health, the IWK Health Centre, and the public service have stolen their payroll information — including their social insurance numbers, addresses, and banking information.

MFT platforms are used to transfer files between parties securely. Clop reportedly compromised MOVEit Transfer using a previously unknown (zero-day) vulnerability that allowed attackers to steal files from MOVEit’s underlying database. 

Clop has previously targeted MFT platforms such as Accellion and has shown that it is prepared to follow through on threatened next steps. In this case, Clop threatens to identify victim companies on the Clop site as soon as June 14 and then publish victims’ stolen data if a ransom is not paid. In prior attacks, Clop has also reportedly contacted victim companies directly with ransom demands, sometimes weeks or more after the attack. Victims are not recommended to contact threat actors like Clop directly but instead work with cyber security experts to do so safely, if necessary.

MOVEit vendor Progress Software published a security advisory on May 31 about a critical vulnerability that “could lead to escalated privileges and potential unauthorized access to the environment.” It urged users to turn off internet traffic to their MOVEit Transfer environments and to install the security update immediately.

What Should Organizations Affected by MOVEit Vulnerability Do?

Organizations that may be victims of this attack should consider the following steps:

  • Organizations that used the MOVEit Transfer platform with its web interface exposed to the internet should consider initiating a privileged investigation to determine if this attack impacted them.
  • Organizations with vulnerable MOVEit Transfer systems should consider reviewing available guidance and patching information from Progress Software, the maker of MOVEit Transfer, and be vigilant for additional attempts at exploitation and data theft, as well as other attacks targeting these systems (e.g., the deployment of ransomware encryptors). Progress Software, the maker of MOVEit, has provided information about the vulnerability, patching and recommended mitigation.
  • If your organization was impacted, assess the attacker’s level of access and what data was compromised.
  • Based on the data compromised, determine your organization’s notification requirements under applicable laws, regulations, and contracts.
  • Organizations should also consider reviewing their supply chains and counterparties to determine if their data may have been exposed through third-parties use of the MOVEit Transfer platform.

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Author Jamie Ross

Jamie Ross leads the Marketing and Communications team at Wedgwood Insurance, renowned as one of Atlantic Canada’s premier independent insurance brokers. Bringing a wealth of experience amassed over many years at some of Canada's most esteemed advertising agencies, Jamie transitioned to the insurance industry in 2017. This pivotal move has marked a period of significant professional growth and contribution to the field. A native Nova Scotian, Jamie has been a resident of St. John's, NL, since 2011, where he has become an integral part of the local community. Learn more about Jamie.

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