The Australian Securities and Investments Commission (ASIC) on Monday disclosed a security incident that involved Accellion software.
An independent commission of the Australian government, ASIC is the national corporate regulator, overseeing enterprise and financial services and also tasked with the enforcement of laws designed to protect consumers, creditors, and investors in Australia.
The newly disclosed incident, ASIC says, was identified on January 15, 2021, and resulted in unauthorized access to one of its servers, on which documents related to recent Australian credit license applications were stored.
“This incident is related to Accellion software used by ASIC to transfer files and attachments,” the Australian regulator says.
The watchdog says that there’s no evidence that license application forms or attachments were accessed or downloaded, but notes that “there is some risk that some limited information may have been viewed by the threat actor.”
Access to the affected server has been disabled, to contain the incident, and an investigation into the matter has been launched. Furthermore, ASIC and Accellion are working on notifying the impacted parties, the Commission says.
Responding to a SecurityWeek inquiry, ASIC stressed on the fact that, while the investigation continues, no data appears to have been accessed or downloaded.
“While we are still checking the underlying context, with others, the credit licence process was immediately addressed. The site was deactivated, taken down, and in the process of being returned to service,” ASIC said.
The regulator did not say what Accellion software was involved in the incident, but chances are that the FTA (File Transfer Application) file sharing service was the culprit.
A legacy product, FTA was recently revealed to have been < ..
Support the originator by clicking the read the rest link below.
