Cyber Crime Junkies

Breach of The Decade. MOVE IT 2023

Cyber Crime Junkies-David Mauro Season 2 Episode 72

Latest On Move It Breach 2023 Class Action Suits For Breaches And Other Exclusive Move It Breach News

 

Topics: exclusive move it breach news, update on move it breach 2023, update on move it breaches, latest on move it breach 2023, move it breaches, move it breach update, latest on move it breach, move it breach 2023, move it breach 2023 latest, class action suits for breaches, how class action suits for breaches help, class action suits for breaches help, move it breach news, largest healthcare breach this year, update on move it breach, largest healthcare breach move it

 

 

The MOVE IT Breach is Worse Than Expected-And Not Even Close to Ending 

·      Move IT Breach is the most successful public extortion campaign in history

·      US Fed Law Enforcement Offering a $10 MIL reward to info leading to the capture of Russian Crime gang CLOP

The most successful public extortion campaign in history

It will be measured in the YEARS to come, not in months.

More to come.


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MOVE IT BREACH 2023

Latest On Move It Breach 2023 Class Action Suits For Breaches And Other Exclusive Move It Breach News

 

Topics: exclusive move it breach news, update on move it breach 2023, update on move it breaches, latest on move it breach 2023, move it breaches, move it breach update, latest on move it breach, move it breach 2023, move it breach 2023 latest, class action suits for breaches, how class action suits for breaches help, class action suits for breaches help, move it breach news, largest healthcare breach this year, update on move it breach, largest healthcare breach move it

 

The MOVE IT Breach is Worse Than Expected-And Not Even Close to Ending 

·      Move IT Breach is the most successful public extortion campaign in history

·      US Fed Law Enforcement Offering a $10 MIL reward to info leading to the capture of Russian Crime gang CLOP

The most successful public extortion campaign in history

It will be measured in the YEARS to come, not in months.

More to come.

[00:00:00] The latest on the Move It Breach 2023, class action suits for breaches, and other exclusive Move It Breach news. The Move It Breach is worse than expected and not even close to ending. 

Can you hear the Jaws movie theme song playing? You should. Sharks are in the water and coming for all of us. Turn up your speakers.

We've been reporting on the Move It Breach since the beginning. We knew it was going to have explosive growth and not in a good way. We saw what looked like a huge bomb like mushroom cloud in the sky engulfing North America and Europe, but even we didn't realize how big and catastrophic it was going to become.

The Move It Breach is the most successful public extortion campaign In history, U. S. federal law enforcement is offering a 10 million reward for information leading to the capture of any member of the Russian crime gang known as Klop. [00:01:00] This catastrophic mass exploit by this notorious ransomware gang of a vulnerability of progressive software's Moveit.

has compromised 668 organizations, 46, 019, 006 individuals to date, and only less than 5% of all the victims have been accounted for. Lawyers smell blood in the water. It's become a pure cybercrime play. CLOP isn't even leveraging their infamous ransomware platform. It's just plain Exfiltration, fancy word for theft, and extortion.

A school got hit six different ways by six different bad guys all through the move it compromise. The numbers are masking a much larger [00:02:00] disaster. The victim pool represents some of the most entrenched institutions in highly sensitive and regulated sectors, including healthcare, education, finance, insurance, government, pension funds, and manufacturing.

The mass exploit is the biggest bad scenario in the past decades. And what's worse is that it could have and should have. been prevented. It's just getting started. We're going to see the ramifications of this disaster, not for months. But for years to come, the two big updates include these multiple class action lawsuits have been filed in Colorado State University was hit six times in six ways via the move it compromise, and it illustrates and shines the light on third party risk.

Sharks swarm with over a million lawyers [00:03:00] out there swimming in the U. S. pool. Some sharks are smelling blood. Consumer Rights law firm Higgins Bergman, uh, filed five nationwide class action lawsuits against Progress Software and various other organizations. It will be critical to watch, uh, especially as the evidence Becomes and floats to the top as they allege the vulnerability was commonly known in the security community and existed since 2021, according to the lawsuit, but was never rectified due to progress is alleged negligence.

Delegations include failure to monitor and maintain basic network safeguards, failing to maintain. Adequate data retention policies, training staff on data security, failing to comply with industry standards of data security, that'll be an interesting one to see, because what are those standards, is there one set [00:04:00] of them, etc.,

and failing to encrypt users private information. All while selling a product which was supposed to handle the most confidential and private documents on the planet. Encrypting on both ends and in transit. Which, clearly, CLOP has in their possession, as they post that data right online on their leak site.

A school gets brutalized. Colorado State University was compromised like no organization in history. Six different times, six different ways. It exposes the dangers of third party risk. The school's third party vendors, TIAA, National Student Clearinghouse, Corbridge Financial, Genworth Financial, Sun Life, and the Hartford all informed the school of data breaches linked to the Move It attacks.[00:05:00] 

Even Silk Stocking Consultants are reeling from the Move It breach. Three of the big four accounting firms, Deloitte, PwC.

have been decimated by this breach and will feel the effects and customer impact for years, according to media reports. The result is putting sensitive customer data they maintain at risk. Healthcare sensitive information has been exposed. Government contractor Maximus reported one of the worst breaches tied to the move at Compromise, after the Personally Identifiable Information, PII, and Personal Healthcare Information, PHI.

of up to 11 million people is now exposed. The data of more than 600, 000 Medicare beneficiaries was also exposed as part of the Maximus breach. As we mentioned, this level of compromise [00:06:00] has moral philosophical, and very private and personal damages that will last for years to come. Personal health care records of cancer treatment, STDs, mental health treatment, all exposed and able to be leveraged to extort, embarrass, and torment victims for years to come.

Experts begin to weigh in. The Move It Breach driven by the Klopp ransomware gang has been deemed as highly creative, very well planned, Organized through the CLOP group and various other affiliate groups. Executed very well, able to poach records at scale, and is the most successful public extortion campaign in history.

The end result is this. This breach is monumental. It's catastrophic. It's not even close to being over. It's going to [00:07:00] be measured in the years to come, not in the months. This is Cyber Crime Junkies. Thank you for listening.

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