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Company Directory

Company Directory - Progress Software Corporation

Company Details - Progress Software Corporation

Progress Software Corporation Logo

Progress Software Corporation

Website

Bedford, USA

NASDAQ: PRGS 

Progress Software Corporation is a provider of software solutions that enable businesses to develop, integrate, and manage digital experiences. The company offers a range of products for application development, data integration, and middleware solutions that help organizations accelerate digital transformation.

CCI Score

CCI Score: Progress Software Corporation

2.87

-0.01%

Latest Event

Progress Software Political Contributions Profile

OpenSecrets data shows that Progress Software Corporation contributed $277,365 during the 2024 election cycle and reported zero lobbying expenditures. While any political contribution is worth scrutiny, the absence of lobbying suggests a lower risk of using corporate funds to influence policy in favor of authoritarian or fascist agendas.

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OBJECTOR

Progress Software Corporation is currently rated as an Objector.

0 to +9 CCI Score
These companies deliberately avoid direct involvement with authoritarian practices. While they do not actively challenge oppressive regimes, they maintain a neutral stance to ensure they are not complicit in supporting such systems.

Latest Events

  • Progress Software Political Contributions Profile Logo
    FEB
    06
    2025

    OpenSecrets data shows that Progress Software Corporation contributed $277,365 during the 2024 election cycle and reported zero lobbying expenditures. While any political contribution is worth scrutiny, the absence of lobbying suggests a lower risk of using corporate funds to influence policy in favor of authoritarian or fascist agendas.

  • +15

    Political Contributions and Lobbying Efforts

    March 27

    Progress Software's political contributions of $277,365 are relatively modest and are not accompanied by any lobbying activity. From an anti-fascist perspective, this reduced engagement in direct political lobbying lowers the risk of using corporate influence to support authoritarian policies. However, any political spending is still subject to close scrutiny.

    Progress Software Profile: Summary • OpenSecrets

  • Progress Recognized for Outstanding Workplace Culture and CSR Logo
    JAN
    13
    2025

    On January 13, 2025, Progress Software Corporation was once again honored as a top place to work and a socially responsible organization, receiving multiple awards for its commitment to diversity, inclusion, and ethical corporate practices. This recognition highlights its strong incentive to foster a healthy workplace environment and invest positively in community development.

  • +90

    Business Practices and Ethical Responsibility

    March 27

    Progress Software Corporation has been recognized for its exemplary corporate social responsibility initiatives and inclusive workplace culture. The awards underscore its commitment to ethical business practices, employee wellbeing, and community investment, which align with anti-fascist values by fostering diversity and protecting labor rights.

    Progress Once Again Honored as a Top Place to Work and Socially Responsible Company

  • Progress Software Lobbying Profile Highlighted by OpenSecrets Logo
    JAN
    01
    2024

    A review of Progress Software Corporation’s lobbying profile from OpenSecrets indicates that the company has not reported lobbying on specific bills in 2024. This limited engagement in targeted political lobbying suggests a lower risk of leveraging political contributions to support authoritarian initiatives.

  • +5

    Political Contributions and Lobbying Efforts

    March 27

    The OpenSecrets profile shows that Progress Software Corporation has minimal reported lobbying activity on specific bills in 2024. From an anti-fascist perspective, low political lobbying reduces the likelihood of the company using its influence to support authoritarian policies. This rating reflects a moderately positive assessment relative to political contributions and lobbying efforts.

    Progress Software Profile: Lobbying • OpenSecrets

  • Progress Software Lobbying Activity Logo
    DEC
    31
    2023

    OpenSecrets data indicates that Progress Software Corporation spent $80,000 on lobbying in 2023. This political spending reflects an active effort to influence government policy, raising concerns over potential undue corporate influence in a political landscape increasingly tilted towards authoritarian practices.

  • -30

    Political Contributions and Lobbying Efforts

    March 27

    Progress Software Corporation's $80,000 lobbying expenditure in 2023 signals a direct investment in influencing political processes. This spending, documented by OpenSecrets, illustrates how corporate money is being used to secure favorable regulatory outcomes, a practice that can undermine democratic accountability. Such political contributions and lobbying efforts are viewed negatively from an anti-fascist perspective as they help entrench corporate influence over public policy, often at the expense of the broader public good.

    Progress Software Lobbying Profile - OpenSecrets

  • Progress Software Faces Class Action Over MOVEit Data Breach Logo
    DEC
    11
    2023

    Progress Software Corporation is facing a class action lawsuit alleging that its negligence in securing its MOVEit platform led to a significant data breach, exposing sensitive information of students and other individuals. This incident raises serious concerns over its ethical business practices and technological reliability.

  • -30

    Business Practices and Ethical Responsibility

    March 27

    The lawsuit claims that Progress Software Corporation failed to implement robust cybersecurity measures, leaving sensitive consumer data exposed. This negligence reflects a shortfall in ethical business practices, undermining public trust and accountability, which are essential pillars in resisting authoritarian exploitation.

    National Student Clearinghouse, Progress Software Corporation Facing Class Action over MOVEit Data Breach

  • -20

    Technology and Services Impact

    March 27

    The MOVEit data breach underscores systemic issues in the security and reliability of Progress Software Corporation’s technology solutions. The vulnerability exploited in the incident not only compromises consumer data but also raises broader concerns about the societal impact of insecure digital infrastructures.

    National Student Clearinghouse, Progress Software Corporation Facing Class Action over MOVEit Data Breach

  • Progress Software MOVEit Vulnerability and Data Breach Fallout Logo
    MAY
    31
    2023

    An extensive security failure in Progress Software's MOVEit file-transfer service led to widespread data breaches affecting thousands of organizations. The incident highlights serious shortcomings in product security and ethical business practices, compromising sensitive data and undermining trust in digital infrastructures.

  • -60

    Technology and Services Impact

    March 27

    Progress Software’s MOVEit service has repeatedly exhibited critical security vulnerabilities, with multiple CVEs disclosed and a zero-day exploit that was leveraged in a widespread cyberattack. This failure in implementing secure-by-design principles not only endangers customer data but also contributes to a broader erosion of digital trust, indirectly supporting environments where authoritarian abuses may flourish.

    Progress Software’s MOVEit meltdown: uncovering the fallout

  • -40

    Business Practices and Ethical Responsibility

    March 27

    The recurring security issues with MOVEit point to significant lapses in Progress Software’s business practices and ethical responsibility. The company's delayed and fragmented response to widespread vulnerabilities not only undermines customer trust but also reflects a prioritization of market gains over robust security measures, which can indirectly enable authoritarian exploitation of digital infrastructures.

    Progress Software’s MOVEit meltdown: uncovering the fallout

Industries

541511
Custom Computer Programming Services
541512
Computer Systems Design Services
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Software Publishers