An extensive hacking campaign has compromised over 100 organizations, including Oracle Corporation, leading to massive customer data theft and extortion threats against Oracles clients.
- A recent analysis by Google revealed a hacking campaign targeting Oracle Corporation, resulting in the compromise of more than 100 organizations and significant data breaches.
- The campaign exploited a Zero-day (computing) vulnerability in Oracle Applications, allowing hackers to steal vast amounts of customer data and launch extortion attempts.
- Mandiant, a cybersecurity firm, reported that the attackers utilized phishing tactics, including sending malicious Email to employees, to execute their plan and demand ransom payments.
Why It Matters
This incident underscores the growing threat of cybersecurity attacks on major corporations like Oracle Corporation, highlighting vulnerabilities in software systems and the need for robust defenses against extortion tactics.