Hackers are exploiting a flaw in popular file-transfer tools to launch mass hacks, again [TechCrunch]
Progress Software Corporation (PRGS)
Last progress software corporation earnings: 3/26 04:15 pm
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Source: TechCrunch
The vulnerability, tracked as CVE-2024-50623, affects software developed by Illinois-based enterprise software company Cleo, according to researchers at cybersecurity company Huntress. The flaw was first disclosed by Cleo in a security advisory on October 30 which warned that exploitation could lead to remote code execution. It affects ??Cleo's LexiCom, VLTransfer, and Harmony tools, which are commonly used by enterprises to manage file transfers. Cleo released a patch for the vulnerability in October, but in a blog on Monday Huntress warned that the patch does not mitigate the software flaw. Huntress security researcher John Hammond said the company has observed threat actors “exploiting this software en masse” since December 3. He added that Huntress — which protects more than 1,700 Cleo LexiCom, VLTransfer, and Harmony servers — has discovered at least 10 businesses whose servers were compromised. “Victim organizations so far have included various consumer product companie
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