Washington Post confirms data breach linked to Oracle hacks

Core Insights - The Washington Post has confirmed it was a victim of a hacking campaign linked to Oracle's E-Business Suite platform [1][4] - The hacking campaign, attributed to the Clop ransomware gang, exploited vulnerabilities in Oracle's software, affecting over 100 companies [2][3] - Clop has publicly claimed responsibility for the breach, indicating that the Post "ignored their security" [4][5] Company Impact - The breach allowed hackers to steal sensitive business data and employee records from multiple organizations, including The Washington Post, Harvard University, and American Airlines subsidiary Envoy [3][5] - Clop demanded a ransom of $50 million from one executive at an affected company, showcasing the high stakes involved in such cyberattacks [4] Industry Context - The incident highlights the growing threat of ransomware and extortion gangs targeting corporate software systems, emphasizing the need for enhanced cybersecurity measures [2][5] - The public disclosure of victims and stolen files is a common tactic used by ransomware gangs to exert pressure on organizations [5]