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This is caused by the Nucleus FTP server failing to properly validate the length of the вЂњUserвЂќ command, meaning that if an authentication request is sent with a very large username вЂ“whether it is valid or not вЂ“ this can be exploited to trigger denial-of-service or to perform a remote code execution ( RCE) attack.ДЇour other vulnerabilities also achieved high severity scores: CVE-2021-31346 (CVSS 8.2), an unchecked ICMP payload issue prompting data leaks and denial-of-service conditions CVE-2021-31884 (CVSS 8.8), an out-of-bound read/write bug caused by errors in hostname definitions, and both CVE-2021-31887 and CVE-2021-31888 (CVSS 8.8), two FTP server validation command problems which could be used to trigger denial-of-service and RCE. The most severe vulnerability is CVE-2021-31886, a CVSS 9.8 buffer overflow flaw.

In an advisory, the cybersecurity team said a total of 13 vulnerabilities have been found, ranging in severity from CVSS 5.3 to 9.8. Read more of the latest security vulnerability news Nucleus, developed by ATI 28 years ago and now managed by Siemens, is an OS for embedded devices that are considered вЂsafety-criticalвЂ™ in industries including manufacturing, the industrial sector, and healthcare. On November 9, Forescout Research Labs said the set of security flaws, collectively named NUCLEUS:13, were found with the assistance of Medigate Labs in Nucleus NET, the TCP/IP stack of the Nucleus Real-time Operating System (RTOS). Researchers have disclosed 13 vulnerabilities in the Nucleus TCP/IP stack, the worst of which can be used to remotely execute code. Building on our success, our lending mobility solutions is now processing over 50 million transactions worth more than $13 billion across our customer baseвЂќ.Worst security flaw can lead to remote code execution In short, this solution will help microfinance companies bring advanced banking services to all people, regardless of location or income level. With this solution, Financial Institutions into Microfinance can use our digital capabilities to reach more customers in more places. This is the next step on our long term strategy of using technology to make a 100 rupee loan possible, a strategy we first discussed in 2005. We are confident that FinnOne Neo mFin will be a key step towards fulfilling our vision of making financial services more accessible.

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R P Singh, Executive Director and CEO, Nucleus Software stated вЂњMicrofinance is at an acute point today and we see some great momentum in this area.

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The solution makes full use of India digital stack to deliver an end to end digital lending experience. FinnOne Neo mFin has a wide range of unique features including the pre-population of application data, seamless integration with credit bureaus, support for group lending, geo tagging, image capture/upload and role based dash-boards. The solution helps microfinance companies make loan decisions faster, while streamlining customer on-boarding and reducing operating costs. Nucleus FinnOne Neo mFin, a specialized microfinance solution, is designed to ensure that microfinance companies can perform paperless data sourcing, real time application submission, instant verification, and provide credit grading on a single mobile application. With the launch of FinnOne Neo mFin, Nucleus Software aims to make the benefits of advanced technology available to the microfinance sector. Technology provides a number of significant opportunities for the microfinance sector, including in making it easier to access credit services while also dramatically lowering the cost of providing the credit. It has recorded growth of 27% CAGR over the last few years and is expected to grow at this rate over the next 5 years. FinnOne Neo mFin is designed to help micro lenders provide easy, fast and digitized access to micro credit, anytime, anywhere.ДЄccording to KPMG, the microfinance industry has played a vital role in promoting financial inclusion in India.

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