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University of Pennsylvania Data Breach: Oracle E-Business Suite Compromised

by David Harrison – Chief Editor

University of Pennsylvania Confirms Data Breach Following ⁢Oracle Hack

The University of‌ Pennsylvania has confirmed ‌a recent ‍data ⁢breach impacting some of its ‌systems, stemming from a compromise of Oracle infrastructure used by several organizations. The university joins a⁢ growing list of victims targeted by the Clop ‍ransomware group,⁢ wich⁢ exploited a vulnerability in Oracle’s systems to steal sensitive data.

This​ latest incident underscores the escalating threat posed by elegant cyberattacks targeting third-party vendors and the⁣ ripple effect ​on thier clients. The⁢ Clop⁤ group has a history‌ of exploiting zero-day ​vulnerabilities in widely used ‍software, impacting‌ thousands of⁤ organizations globally. The breach ‍at Penn possibly exposes personal information⁤ of students, ‌faculty, and staff, raising concerns about identity theft and fraud.

The Clop ransomware ​group has claimed ⁤responsibility for data thefts from numerous ​organizations, including logitech, American ⁣Airlines subsidiary ⁤Envoy Air, and previously, victims utilizing Accellion FTA, GoAnywhere‌ MFT, cleo, and MOVEit Transfer.⁢ The MOVEit Transfer attacks alone affected over 2,770 organizations.The group operates by stealing​ data and then ⁤publishing it on dark ‍web leak sites,‌ often making it available for download via Torrent.

The U.S. State‍ Department⁤ is offering a $10 million bounty for ‌information leading to the identification of individuals linked to Clop’s attacks and any connections to foreign governments.

A University of Pennsylvania spokesperson stated that they are working with cybersecurity experts to ‌investigate ‍the incident and mitigate any potential harm.​ The university ⁢is‌ notifying ‌affected individuals and providing resources to‌ help protect their personal information.

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