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Top executives at large firms are under pressure from a well-known ransomware gang that says it hacked into Oracle’s popular E-Business Suite and made off with their data, sources told Google’s cybersecurity team.
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On Wednesday, Erie Indemnity Co. announced that the ongoing network outage impacting all of its systems for the past five days was caused by a security-related incident.
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Erie Insurance, headquartered in Pennsylvania, is continuing efforts to restore its systems after disclosing a network outage on Sunday.
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Philadelphia Insurance Co. is currently facing a network outage impacting its operational systems.
Top executives at large firms are under pressure from a well-known ransomware gang that says it hacked into Oracle’s popular E-Business Suite and made off with their data, sources told Google’s cybersecurity team.
