1st Source says 450,000 records affected in client data breach
24/07/2023 20:08
July 24 (Reuters) - Commercial and Consumer bank 1st
Source Corp SRCE.O said on Monday a security breach that
involved a popular file transfer tool, MOVEit, has impacted
about 450,000 records.
A third party had gained access to data of its commercial
and individual clients, 1st Source reported earlier this month,
adding that it was in the process of identifying and notifying
individual clients affected.
Last month, the U.S. security researchers reported that
hackers had stolen data from the systems of a number of users
shortly after MOVEit's developer Progress Software Corp PRGS.O
disclosed that a security flaw had been discovered.
MOVEit, made by Massachusetts-based Progress, allows
organizations to securely transfer files and data between
business partners and customers.
(Reporting by Pritam Biswas in Bengaluru)
((Pritam.Biswas@thomsonreuters.com;))