Oracle Informs Clients of Recent Hack, Log-In Data Compromised
Oracle has recently notified its customers about a cybersecurity incident involving the stealing of client log-in credentials. This marks the software company’s second acknowledged breach in a short span, raising concerns about security protocols.
Summary
According to insiders, Oracle’s systems were breached, leading to the theft of usernames, passkeys, and encrypted passwords. The Federal Bureau of Investigation (FBI) and cybersecurity firm CrowdStrike are currently investigating the breach. Notably, this incident is distinct from a previous hack reported to healthcare clients in the preceding month, highlighting ongoing vulnerabilities in the company’s security measures.
Key Points
- Oracle has reported a breach where old client log-in credentials were stolen.
- This is the second security incident revealed by Oracle within one month.
- The compromised data included usernames, passkeys, and encrypted passwords.
- The FBI and CrowdStrike are involved in the investigations.
- The breach is unrelated to a previous incident involving healthcare clients.
Why should I read this?
This article is crucial as it addresses the rising concern regarding data vulnerabilities at major tech companies. With Oracle’s repeated security breaches, it highlights the pressing need for companies to enhance their cybersecurity measures to protect sensitive client information. This situation is particularly relevant for organisations that rely on Oracle services, as it raises questions about the company’s ability to safeguard data effectively.
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