Clop or Flop? Oracle Execs Face Cyber Extortion Scare with No Proof in Sight

Oracle execs are being bombarded with extortion emails by criminals claiming ties to the Clop ransomware mob. While the hackers boast of stealing data from Oracle’s E-Business Suite, Google and Mandiant have yet to find evidence of a breach, raising questions about the legitimacy of these threats.

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Hot Take:

Looks like the Clop crew—or perhaps some wannabe Clop copycats—are trying to squeeze Oracle execs for a quick buck. The only thing more dubious than their claims is a Tinder profile that says “6’0″ when they’re really only 5’8”. Until there’s actual evidence, these emails are about as credible as a Nigerian prince offering you a small fortune.

Key Points:

– Cybercriminals are allegedly targeting Oracle execs with extortion emails, claiming data theft.
– The attackers might be linked to the infamous Clop ransomware gang.
– No evidence of an actual breach in Oracle’s E-Business Suite has been found.
– Mandiant and Google are investigating the legitimacy of the claims.
– The tactic could be a bluff to scare companies into coughing up cash.

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