HITACHI-OWNED GLOBALLOGIC ADMITS DATA STOLEN ON 10K CURRENT AND FORMER STAFF

Summary from the TLDR InfoSec newsletter

GlobalLogic, owned by Hitachi, suffered a significant data breach that exposed the personal and financial data of over 10,000 current and former staff members. The attack, attributed to the Clop ransomware group, exploited vulnerabilities in the Oracle E-Business Suite. Clop focuses on stealing and leaking data while pressuring victims for payment. Oracle has issued emergency patches to counter these attacks.