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Avast and Norton Parent Company Falls Prey to MOVEit Ransomware Attacks

Avast and Norton Parent Company Falls Prey to MOVEit Ransomware Attacks

On June 20, it was confirmed that the personal information of employees of Gen Digital, the parent company of cybersecurity subsidiaries Avast and Norton, had been compromised in a ransomware attack. The company acknowledged this in response to inquiries, stating that names, addresses, employee IDs, and email addresses had been exposed.

Gen Digital assured that they had taken action to protect their environment and investigate the potential impact as soon as they learned of the attack. They also stated that there was no impact to their core IT systems and services, and no customer or partner data had been exposed. The company promptly informed all parties that may have been affected, as well as data protection regulators.

The ransomware attack was carried out using a zero-day vulnerability known as CVE-2023-34362, which is a critical-severity SQL injection. This vulnerability has been exploited by the Cl0p ransomware gang, and the attack is still ongoing even after patching. More than 100 companies and organizations have been targeted so far.

In response to the attack, Amitai Cohen, attack vector intel lead at Wiz, advised against directly exposing apps like MOVEit Transfer to the internet in cloud environments. Instead, he recommended using a VPN, a reverse proxy, or a single sign-on (SSO) landing page to mitigate potential attacks on vulnerable or misconfigured application endpoints.

This recent ransomware attack serves as a reminder of the constant threat faced by organizations in the cybersecurity sector. Even companies with robust security measures can fall victim to sophisticated attacks, highlighting the need for continuous security updates and vigilant monitoring.

Gen Digital’s response to the attack demonstrates their commitment to addressing the issue promptly and protecting their systems and data. By taking immediate action and notifying potentially affected parties, they have shown their dedication to transparency and accountability.

The incident also emphasizes the importance of collaboration and information sharing among organizations in the cybersecurity industry. By sharing details of the attack and the vulnerabilities exploited, companies can work together to strengthen their defenses and prevent similar attacks in the future.

However, this incident raises concerns about the overall security of personal information in the digital age. With increasingly sophisticated cyberattacks, it is crucial for individuals and organizations alike to take proactive steps in securing sensitive data. This includes implementing robust security measures, regularly updating software and systems, and educating employees about the importance of cybersecurity best practices.

As the threat landscape continues to evolve, it is essential for organizations to stay vigilant and adapt their security strategies accordingly. Cybersecurity should be a top priority for all companies, regardless of their size or industry. By investing in robust security measures and staying informed about the latest threats and vulnerabilities, organizations can mitigate the risk of falling victim to ransomware attacks and protect the personal information of their employees and customers.

In conclusion, the ransomware attack on Gen Digital and the compromise of personal information serves as a reminder of the persistent threat faced by organizations in the cybersecurity sector. It underscores the need for continuous security updates, collaboration among industry players, and proactive measures to safeguard sensitive data. By learning from incidents like this and taking necessary precautions, organizations can strengthen their defenses and better protect themselves against future cyberattacks.

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