1st Source says data compromised in MOVEit data breach
10/07/2023 22:08
July 10 (Reuters) - Financing firm 1st Source Corp
SRCE.O said on Monday a third party gained access to data of
its commercial and individual clients as part of the security
breach involving popular file transfer tool MOVEit reported last
month.
The company did not disclose the scale of the data breach,
but said it is in the process of identifying and notifying
individual clients who have been impacted.
1st Source said it used the software for secure file
transfers supporting internal operations and client services.
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 allows organizations and governmental agencies to
transfer files and data between business partners and customers.
(Reporting by Pritam Biswas in Bengaluru; Editing by Shailesh
Kuber)
((Pritam.Biswas@thomsonreuters.com;))