Cl0p Strikes Again: Oracle E-Business Users Targeted in $50M Ransomware Escapade

Google warns Oracle E-Business users of an extortion campaign by Cl0p ransomware group. The cybercriminals claim to have stolen sensitive data and are demanding hefty ransoms. So, if you receive an email claiming to have your data, don’t panic. Just remember: “Phishing” isn’t a new seafood dish, and not all threats are what they seem!

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Hot Take:

Looks like Cl0p is back in town, and they’re playing a high-stakes game of “Oracle and Ransoms.” They’re demanding cash that’s bigger than a CEO’s bonus, all while claiming they’ve nicked data from Oracle’s E-Business Suite. Let’s just say, they’re acting like they’ve got the keys to the executive bathroom. But as usual, it’s a game of “who hacked whom” with a side of “show me the proof.” Google and Mandiant are hot on their trail, but it seems like they’re still piecing together this cyber jigsaw puzzle. In the meantime, keep your passwords tight and your data tighter, folks!

Key Points:

– Cl0p ransomware group is targeting Oracle E-Business Suite users with extortion emails.
– Hackers claim theft of critical business data, demanding up to $50 million in ransom.
– Google and Mandiant are investigating, though the claims remain unverified.
– Attackers likely exploited Oracle’s default password reset for initial access.
– The campaign is linked to the financially motivated FIN11 group.

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