Security News > 2021 > July > With a straight face, Putin agrees to do something about ransomware coming out of Russia, apparently

Late last week, President Biden said he brought up the epidemic of ransomware hitting American businesses in a phone call with his Russian counterpart, and hinted the United States may start hitting back.

"These focus areas helped us not only discover and fix risks to customer privacy and security, but also offer researchers top awards for their high-impact work."

In yet more fallout from security flaws in Accellion's file transfer system, Morgan Stanley has admitted it lost data thanks to the vulnerable software.

Guidehouse, a third-party vendor the financial giant was using to manage its StockPlan Connect business, was caught out by an unpatched Accellion FTA system.

Documents containing the social security numbers and account details for Morgan Stanley customers were stolen via a security hole and, while this information was encrypted, the attackers also stole the decryption keys.

"The files obtained from the vendor included the following participant information: name; address; date of birth; Social Security number; and corporate company name," Morgan Stanley explained in a letter [PDF] to New Hampshire authorities.

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https://go.theregister.com/feed/www.theregister.com/2021/07/12/in_brief_security/