Two U.S. schools have confirmed that TIAA, a nonprofit organization that provides financial services for individuals in academic fields, has been caught up in the mass-hacks targeting MOVEit file transfer tools.
Middlebury College in Vermont and Trinity College in Connecticut both released security notices confirming they experienced data breaches as a result of a security incident at the Teachers Insurance and Annuity Association of America, or TIAA. According to its website, TIAA serves mire than five million active and retired employees participating at more than 15,000 institutions and manages $1.3 trillion in assets in more than 50 countries.
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.
In a statement given to TechCrunch, TIAA spokesperson Chad Peterson confirmed said that the organization wasn’t directly impacted by MOVEit, but was also impacted by a

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