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MongoDB shares fall on cybersecurity incident –

MMS Founder

Posted on mongodb google news. Visit mongodb google news

They disclosed in an email to users and on their website that this unauthorized access might have been going on for some time before its discovery. MongoDB assured that, as of now, there is no known exposure to the customer data stored in MongoDB Atlas. The company noted that the incident did involve exposure to customer account metadata and contact information.

Analysts responded to the incident, highlighting MongoDB’s proactive approach in notifying customers and users about the details of the data breach, such as which systems were accessed and providing actionable steps for enhanced security, like activating multi-factor authentication. This response, according to analysts, reflects MongoDB’s commitment to responsible communication in the aftermath of an attack.

While awaiting further updates from MongoDB to disclose the full extent of the breach, analysts maintain their Outperform rating and a target price of $490 for MongoDB’s shares.

Article originally posted on mongodb google news. Visit mongodb google news

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