Oracle investigates Cl0p-linked extortion campaign targeting E-Business Suite users

Oracle Corp. is investigating hacks of its E-Business Suite customers following an extortion campaign aimed at large organisations, Bloomberg reports.

The company has informed employees that it discovered exploitation of known flaws in its software, for which it had issued patches in July, according to sources familiar with the matter.

The campaign, which began circulating around September 29, involves hackers claiming to have stolen sensitive data from Oracle’s E-Business Suite — a platform used by thousands of companies worldwide to manage core…