Oracle finally admits to a major data breach—after being sued for hiding it.
Just days after being hit with a class-action lawsuit for allegedly covering up a major data breach, Oracle has begun privately notifying some customers of a security incident that compromised login credentials—including data from as recently as 2024.
Key highlights:
・ Hacker accessed usernames, passkeys, and encrypted passwords
・ Extortion attempt reported
・ Lawsuit claims Oracle failed to notify victims within 60 days
・ Plaintiffs demand better security & transparency
Despite Oracle calling it an outdated system, the lawsuit points to risks that are very current. This is a critical moment for cloud providers to re-evaluate incident response protocols.
