DIRECTORY

  • Alerts
  • APTs
  • Blog
  • Books
  • Certifications
  • Cheat Sheets
  • Courses
  • Cyber Briefing
  • CyberDecoded
  • CyberReview
  • CyberStory
  • CyberTips
  • Definitions
  • Domains
  • Entertainment
  • FAQ
  • Frameworks
  • Hardware Tools
  • Incidents
  • Malware
  • News
  • Papers
  • Podcasts
  • Quotes
  • Reports
  • Tools
  • Threats
  • Tutorials
No Result
View All Result
  • Login
  • Register
  • Cyber Citizens
  • Cyber Professionals
  • Institutions
CyberMaterial
Talk To An Expert
  • Cyber Citizens
  • Cyber Professionals
  • Institutions
CyberMaterial
No Result
View All Result
Talk To An Expert
CyberMaterial
Home Incidents

EY Exposes Client Data in MOVEit Attack

August 11, 2023
Reading Time: 2 mins read
in Incidents

Ernst & Young (EY) has disclosed a significant data breach impacting over 30,000 Bank of America customers, resulting from the MOVEit Transfer attacks. Cybercriminals exploited a SQL database injection flaw in the MOVEit Transfer file system, affecting EY and many other organizations worldwide.

While EY’s internal systems remained unaffected, the breach exposed sensitive data, including financial account information and credit card numbers, prompting EY to contact impacted individuals. Experts highlight the far-reaching consequences of such breaches, emphasizing the potential for cybercriminals to exploit seemingly insignificant pieces of leaked personal information for fraudulent activities.

The breach, detected in late June, led to the exposure of data belonging to 30,210 individuals. While neither EY’s nor Bank of America’s internal systems were compromised, the breach showcased the vulnerability of data transfer software like MOVEit. The Cl0p ransomware gang claimed responsibility for the attack, asserting access to a vast trove of EY’s data, potentially affecting additional customers beyond the initial disclosure. EY’s response includes offering exposed clients a complimentary two-year membership in an identity theft protection service, along with advising vigilance in reviewing account statements and credit reports.

The attack’s ripple effect extends to other organizations, with over 620 entities and millions of individuals impacted by Cl0p’s MOVEit Transfer attacks. Renowned accounting firms like Deloitte and PwC have also fallen victim, showcasing the widespread nature of the breach. The exploitation of a zero-day vulnerability in the MOVEit Transfer software enabled cybercriminals to manipulate and download stored data, amplifying concerns about data security and the potential for secondary attacks.

Experts caution that the success of the attack might embolden other criminal groups, creating a cascade of supply-chain hacks and emphasizing the need for robust cybersecurity measures.

Source:
  • Data Breach Notifications
  • EY Regrets Any Inconvenience Cybercriminals Having Your Credit Card Number May Cause You
Tags: August 2023Bank of AmericaCISACyberattackCybersecurityData BreachErnst & YoungincidentsIncidents 2023MOVEitMOVEit TransferVulnerabilitieszero-day vulnerability
135
VIEWS
ADVERTISEMENT

Related Posts

ChildFund NZ Partner’s Data Breach

ChildFund NZ Partner’s Data Breach

September 29, 2023
Baruch College Malware Incident Update

Baruch College Malware Incident Update

September 29, 2023
Russian Flight Booking System Cyberattack

Russian Flight Booking System Cyberattack

September 29, 2023
Volkswagen Faces Major IT Disruption

Volkswagen Faces Major IT Disruption

September 29, 2023

More Articles

Incidents

IT Services Provider Hit by Donut Gang

September 22, 2023
Alerts

Lazarus Group Threat to Healthcare

September 22, 2023
Cyber Briefing

September 22, 2023 – Cyber Briefing

September 22, 2023
Alerts

Chinese-Language Phishing Campaigns

September 20, 2023

Security through data

Cybersecurity Domains

  • API Security
  • Business Continuity
  • Career Development
  • Compliance
  • Cryptography
  • HSM
  • KPIs / KRIs
  • Penetration Testing
  • Shift Left
  • Vulnerability Scan

Emerging Technologies

  • 5G
  • Artificial Intelligence
  • Blockchain
  • Cryptocurrency
  • Deepfake
  • E-Commerce
  • Healthcare
  • IoT
  • Quantum Computing

Frameworks

  • CIS Controls
  • CCPA
  • GDPR
  • NIST
  • 23 NYCRR 500
  • HIPAA

Repository

  • Books
  • Certifications
  • Definitions
  • Documents
  • Entertainment
  • Quotes
  • Reports

Threats

  • APTs
  • DDoS
  • Insider Threat
  • Malware
  • Phishing
  • Ransomware
  • Social Engineering

© 2023 | CyberMaterial | All rights reserved.

World’s #1 Cybersecurity Repository

  • About
  • Legal and Privacy Policy
  • Site Map
No Result
View All Result
  • Alerts
  • Incidents
  • News
  • Audience
    • Cyber Citizens
    • Cyber Professionals
    • Institutions
  • Highlights
    • Blog
    • CyberDecoded
    • Cyber Review
    • CyberStory
    • CyberTips
  • Cyber Risks
    • Alerts
    • Attackers
    • Domains
    • Incidents
    • Threats
  • Opportunities
    • Events
    • Jobs
  • Repository
    • Books
    • Certifications
    • Cheat Sheets
    • Courses
    • Definitions
    • Frameworks
    • Games
    • Hardware Tools
    • Memes
    • Movies
    • Papers
    • Podcasts
    • Quotes
    • Reports
    • Tutorials
  • Report Cyber Incident
  • GET HELP
  • Contact Us

Subscribe to our newsletter

© 2022 Cybermaterial - Security Through Data .

Welcome Back!

Sign In with Google
Sign In with Linked In
OR

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
Sign Up with Linked In
OR

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.