Oracle Cloud Denies Hack Allegations Amid Cyber Heist Comedy of Errors

Oracle Cloud hasn’t been breached, says Oracle, despite a miscreant claiming otherwise. Alleged stolen data went up for sale, with the seller demanding $200 million. Oracle emphasizes no data was lost. Meanwhile, the crook is offering a bizarre trade: help decrypt encrypted credentials, and you’ll receive some data as a “gift.”

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Hot Take:

Oracle’s denial of a data breach makes for a classic “he said, she said” story, but this time with a twist of cybercrime and a sprinkle of extortion. It seems like Oracle’s cloud is still forecasted to be sunny with a chance of credibility storms!

Key Points:

  • Oracle has denied any breach of its public cloud service despite claims to the contrary.
  • A hacker, rose87168, allegedly offered stolen Oracle Cloud data for sale on a cyber-crime forum.
  • The hacker claims to have exploited a vulnerability in Oracle Fusion Middleware’s Oracle Access Manager.
  • Oracle insists no customer data has been compromised and that the credentials advertised are not from Oracle Cloud.
  • The hacker demanded over $200 million in cryptocurrency from Oracle for the alleged stolen data.

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