Oracle (NYSE:ORCL) applications have become the latest target of a notorious ransomware group that claims to have stolen sensitive corporate data, according to Alphabet (NASDAQ:GOOGL) Google's cybersecurity team and others familiar with the matter.
Hackers alleged they breached Oracle's E-Business Suite software that manages critical functions like finance, supply chains, and customer relationships and demanded ransoms as high as $50 million, cybersecurity firm Halcyon told Bloomberg on Thursday.
