"NCSC Alert: Vulnerability Identified in File Transfer Application MOVEit."

The recently reported vulnerability with MOVEit, a file transfer application, has been impacting organisations and exposing personal data. The National Cyber Security Centre (NCSC) is working to understand the scope of this incident and to mitigate any further risks. In response to this incident, organisations should ensure that any operational impacts are reported via normal supervisory reporting processes, as stipulated by the Financial Conduct Authority (FCA). Organisations who have been affected should closely monitor their IT systems for any potential malicious activity as a result of the vulnerability, including; phishing, malware, or any other suspicious activity. They should also review their current security measures to bring them in line with NCSC guidance on best practices for cyber security. Further to this, all organisations should take the opportunity to review and reinforce their cyber security processes. This includes increased vigilance when it comes to emails, web traffic, data storage and backups, and employee access rights. By taking the required steps to address this incident, organisations can reduce the risk of further harm or loss. The NCSC continues to work alongside organisations to ensure their IT security is safe and up to date. It will remain a priority to understand and respond to the vulnerability with MOVEit, and protect against any further incidents.