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Attack on company’s file transfer tools

Corporate file-transfer tools have become an increasingly attractive target for hackers, as finding a vulnerability in a popular enterprise system can allow the theft of data from multiple victims. Security researchers are sounding the alarm after hackers were caught exploiting a newly discovered vulnerability in a popular file transfer tool used by thousands of organizations to launch a new wave of mass data exfiltration attacks. The vulnerability affects the MOVEit Transfer managed file transfer (MFT) software developed by Ipswitch,  has the cyber space become very vulnerable to hackers ?

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