Accellion agrees to pay $8 million to December 2020 data breach victims

Accellion, a California based software company, has agreed to pay $8.1 million for failing to protect the information of its customers stored on its File Transfer Appliance (FTA) from hackers. Initially, as soon as a PIL was filed by a legal representative of some victims, the company denied all the allegations. But it agreed to […]

Morgan Stanley Customer Data accessed by hackers

Morgan Stanley, a leading company offering Financial Services in America, had made it official that some hackers infiltration into its database and accessed sensitive information related to its customers. However, the Banking firm said that the data access took place at a 3rd party server farm and was committed by exploiting a vulnerability in Accellion […]

5 Reasons Why Governance Must be a Priority When It Comes to Secure File Sharing

While CISOs have long labored under the directive “do more with less,” it has often and unfortunately come at the expense of cybersecurity and data governance. In an increasingly distributed work environment where secure file sharing involves accessing sensitive information from mobile devices and sharing it across enterprise boundaries, CISOs have struggled to maintain visibility […]

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