Oracle CMS Falls Victim to LockBit3 Ransomware Attack
Ransomware Attack on Oracle CMS by LockBit3
Company Profile
Oracle CMS, an Australian company specializing in customer management solutions, has fallen victim to a ransomware attack by the cybercriminal group LockBit3. The company operates in the Business Services sector and has 158 employees. Oracle CMS generates a revenue of $32.4 million, positioning it as a medium-sized organization in the industry.
Industry Standout
Oracle CMS stands out in the industry for its focus on exemplary customer service solutions and intelligent technology usage. The company's commitment to providing innovative customer management solutions has garnered a strong reputation in the market.
Vulnerabilities
Oracle CMS's vulnerabilities in being targeted by threat actors like LockBit3 may stem from potential weaknesses in their cybersecurity infrastructure, such as outdated software, lack of robust security measures, or employee susceptibility to phishing attacks. Additionally, the company's valuable customer data and financial information make it an attractive target for ransomware attacks.
Sources:
Datanyze - Oracle CMS Company Profile
Wikipedia - Oracle Corporation
Dun & Bradstreet - Oracle Customer Management Solutions Pty Ltd
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