Oracle Confirms Breach: Hackers Stole Client Login Credentials

Oracle Corporation has officially confirmed a cybersecurity breach in which hackers infiltrated its systems and stole client login credentials.

This marks the second security incident disclosed by the software giant in less than a month, raising alarm among customers and cybersecurity professionals worldwide.

According to sources familiar with the matter, Oracle informed certain clients earlier this week about the breach, revealing that attackers had gained access to usernames, passkeys, and encrypted passwords stored in its system.

While the details remain scarce, the company has acknowledged the severity of the incident, stating it is actively investigating the breach and taking steps to mitigate its impact.

The stolen credentials reportedly pertain to older accounts, but the implications of the theft are still significant.

Any compromised log-in information could potentially be exploited to gain unauthorized access to systems or for further malicious activity, such as phishing attacks.

This development highlights the escalating sophistication ...