Tech companies have been warned of a new cyber threat. Hackers are targeting executives in the tech industry using a tactic where they claim sensitive Oracle data has been stolen. Hackers are sending emails to the targeted executives that threaten public leak unless a ransom is successfully paid.
Google is able to validate the tactic. Emails claim hackers have stolen sensitive data and that data comes from Oracle E-Business Suite. The emails also claim cybercriminals will leak whether or not a ransom is paid. Google confirms the emails are sent, but the verification is very strict. Google reports that hack was confirmed, but there’s no proof to show sensitive data was stolen.
The concern is that the hacking group may simply want to scare companies and quickly collect ransomware. Google does not reveal how many companies have received similar attacks. Clop has been a strong hacking group in the past and when they attacked companies, they dealt damaging consequences. They approach company information, like clop, as weapons.
Oracle E-Business Suite is the data repository for this information. Companies utilizing Oracle E-Business Suite have sensitive information related to financials or operations. The information leaked can result in a financial loss companies may not recover. Companies can lose trust in their brand overnight.
Experts can follow trend patterns of ‘bluffing’ and threats from hackers if no data is stolen. Companies won’t claim they paid ransom as fast as third party companies want a quick resolution to save face -cybercriminals start gaining confidence. Trust gets shattered within minutes. Companies lose economically in many forms. Clop has proved from previous attacks to perpetuate real fear for organizations.
Google is now recommending that action be taken immediately. Train employees on recognizing phishing attempts. Monitor spam inboxes as soon as possible. Conduct regular checks of your devices and networks. Store sensitive information securely.
Establish strong systems of layered security. Experts agree with these recommendations completely. In the main, awareness and education save the day. Regular software and programs updates can mitigate risk.
Backup files regularly and securely. Report threats to your team staff immediately. Stay one step ahead of the opportunists. Corporations need to safeguard their assets this way.
The instance emphasizes the increased cyber threat to businesses. Hackers are beginning to use fear as a weapon. Google’s alert reminds companies to stay aware of the threat.
Preventive security, employee education, and enforcement of company policies will continue to be the best defense. Companies should consider an email suspicious until they can confirm it’s not an attack.
Also Read: Samsung Galaxy Ring Swells on User’s Finger, Leads to Hospitalisation
Share
Best Feel-Good Malayalam Movies to Stream on OTT
This Airline Bans Power Bank Use on All Flights, Here’s Why
