Nine days later, on June 16, the U.S. Department of State’s Rewards for Justice account posted a “reward up to $10 million” for information “linking CL0P Ransomware Gang or any other malicious cyber actors targeting U.S. critical infrastructure to a foreign government.” The tweet linked to the June 7 CISA press release about the Progress Software MOVEit breach.

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Progress Software (NASDAQ: PRGS — $2.23 billion) produces enterprise software products used by over 100,000 businesses for services like chatbots, content management, and app development. Progress Software also offers a secure file transfer service, MOVEit, that accounts for ~4% of revenue and recently was part of a large data breach. The Bear Cave believes the MOVEit hack is a national scandal hidden in plain sight affecting the privacy of tens of millions of Americans and compromising some of our most important government agencies.