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Both of the security notices confirm that TIAA was affected by hackers’ widespread exploitation of a flaw in MOVEit Transfer, an enterprise file transfer tool developed by Progress Software.
Source: https://techcrunch.com/2023/06/30/tiaa-teachers-retirement-fund-moveit/
Progress Software Stock Scores Improved Technical Strengthinvestors.
The fallout from this incident — which continues to roll in — began in May when Progress Software disclosed a critical-rated zero-day vulnerability in MOVEit Transfer.
Source: https://techcrunch.com/2023/12/27/moveit-capita-citrixbleed-biggest-data-breaches-2023/