Oracle cut roughly 21,000 jobs over the past year as it reorganized around AI and ramps up spending on data centers for customers such as OpenAI and Meta. The restructuring cost the company about $1.8 billion and, while Oracle says AI deployment may drive further reductions, it also warns the cuts could create skills shortages and hurt productivity. The BBC reports: The software and cloud computing firm says it had around 141,000 full-time employees as of May 31, 2026, down from about 162,000 workers at the same time last year. The "deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," the report says. The cuts, which amount to about 13% of Oracle's workforce, are part of a wider trend among tech firms as they spend hundreds of billions of dollars on building AI infrastructure like data centers.

Read more of this story at Slashdot.

Oracle has released its June 2026 Critical Security Patch Update to fix vulnerabilities in Communications, EBS, Enterprise Manager and other products.

The post Oracle’s Second Monthly Security Updates Deliver 245 Patches  appeared first on SecurityWeek.

Researchers are warning that cybercriminals exploited an Oracle PeopleSoft zero-day vulnerability and potentially infiltrated the networks of more than 100 organizations in an attack spree that largely impacted higher education.

Mandiant and Google Threat Intelligence Group said it became aware of the attacks earlier this month as part of its ongoing monitoring of ShinyHunters operations. The notorious cybercrime group claims it hacked more than 100 organizations and started naming victims and publishing allegedly stolen data Tuesday.

University of Nottingham, one of ShinyHunters’ alleged victims, on Wednesday confirmed a significant amount of student data was stolen during a cyberattack after the threat group leaked some of the school’s data.

The attacks date back to at least May 27, according to Mandiant, and involve the exploitation of CVE-2026-35273, a defect in Oracle PeopleSoft PeopleTools that allows unauthenticated attackers to execute remote code and takeover affected servers.

Oracle disclosed the vulnerability and recommended some steps for mitigation Wednesday, weeks after the attacks were already underway. The vendor hasn’t released a patch to address the defect and did not respond to a request for comment.

Google said it alerted more than 100 organizations of potentially vulnerable endpoints in their environments, but it declined to confirm how many victims are compromised. 

“This campaign is still active. We have observed ShinyHunters sending extortions as recently as today,” Charles Carmakal, chief technology officer at Mandiant Consulting, told CyberScoop Thursday evening. He added that more victims, beyond Google’s visibility, may be impacted.

Most of the potential victim pool is based in the United States and 68% are in the higher education sector, according to Google.

“We have previously observed ShinyHunters target the education sector this year, however it’s possible this targeting is representative of the majority of exposed PeopleSoft instances belonging to the sector,” Carmakal said. 

Oracle PeopleSoft PeopleTools includes more than 40 tools for human resources and customer relationship management.

The attacks come less than a year after the Clop ransomware group exploited a zero-day in Oracle E-Business Suite that affected dozens of victims. The data theft extortion campaign that followed those attacks, which began in August, didn’t get underway until October.

The post ShinyHunters is actively extorting universities after exploiting an unpatched Oracle flaw appeared first on CyberScoop.

ShinyHunters claims it exploited a critical Oracle PeopleSoft zero-day to compromise more than 100 organizations, including the University of Nottingham, where it says it stole 40GB of student and billing data. "ShinyHunters posted the UK university on its data leak site on Tuesday before publishing the stolen files later that same day, presumably because the school refused to pay the extortion demand," reports The Register. From the report: "University of Nottingham on our leak site is one of the first publicly confirmed incidents," a ShinyHunters spokesperson told us. "We have only just started outreach to affected orgs and are actively looking to reach an agreement with affected orgs." They didn't say when they planned to post the other 100 or so claimed victims. A Google threat intelligence report published Thursday afternoon corroborated ShinyHunters' claims to have compromised more than 100 organizations. Google said it spotted malicious activity, "consistent with the exploitation of CVE-2026-35273," between May 27 and June 9, and notified more than 100 global orgs "whose IP addresses correlated with potentially vulnerable endpoints." Most of these, we're told, are based in the US and 68 percent are in the higher-education sector. Oracle has released a "patch availability document," but it's unclear whether a patch is currently available.

Read more of this story at Slashdot.

Oracle has mitigated CVE-2026-35273, but it has not publicly confirmed the vulnerability’s in-the-wild exploitation.

The post Google Confirms Exploitation of Oracle PeopleSoft Zero-Day by ShinyHunters appeared first on SecurityWeek.

Oracle has released mitigations for CVE-2026-35273, but it has not said whether it’s a zero-day exploited in ShinyHunters attacks.

The post Oracle Addresses PeopleSoft Vulnerability Amid Reports of Zero-Day Attacks appeared first on SecurityWeek.

The vulnerability is CVE-2024-21182 and it can be exploited without authentication to hack affected WebLogic servers.

The post Oracle WebLogic Vulnerability Exploited in the Wild appeared first on SecurityWeek.

Artificial intelligence platforms may be just as susceptible to social engineering as human beings, but they are proving remarkably good at finding security vulnerabilities in human-made computer code. That reality is on full display this month with some of the more widely-used software makers — including Apple, Google, Microsoft, Mozilla and Oracle — fixing near record volumes of security bugs, and/or quickening the tempo of their patch releases.

As it does on the second Tuesday of every month, Microsoft today released software updates to address at least 118 security vulnerabilities in its various Windows operating systems and other products. Remarkably, this is the first Patch Tuesday in nearly two years that Microsoft is not shipping any fixes to deal with emergency zero-day flaws that are already being exploited. Nor have any of the flaws fixed today been previously disclosed (potentially giving attackers a heads up in how to exploit the weakness).

Sixteen of the vulnerabilities earned Microsoft’s most-dire “critical” label, meaning malware or miscreants could abuse these bugs to seize remote control over a vulnerable Windows device with little or no help from the user. Rapid7 has done much of the heavy lifting in identifying some of the more concerning critical weaknesses this month, including:

• CVE-2026-41089: A critical stack-based buffer overflow in Windows Netlogon that offers an attacker SYSTEM privileges on the domain controller. No privileges or user interaction are required, and attack complexity is low. Patches are available for all versions of Windows Server from 2012 onwards.
• CVE-2026-41096: A critical RCE in the Windows DNS client implementation worthy of attention despite Microsoft assessing exploitation as less likely.
• CVE-2026-41103: A critical elevation of privilege vulnerability that allows an unauthorized attacker to impersonate an existing user by presenting forged credentials, thus bypassing Entra ID. Microsoft expects that exploitation is more likely.

May’s Patch Tuesday is a welcome respite from April, which saw Microsoft fix a near-record 167 security flaws. Microsoft was among a few dozen tech giants given access to a “Project Glasswing,” a much-hyped AI capability developed by Anthropic that appears quite effective at unearthing security vulnerabilities in code.

Apple, another early participant in Project Glasswing, typically fixes an average of 20 vulnerabilities each time it ships a security update for iOS devices, said Chris Goettl, vice president of product management at Ivanti. On May 11, Apple shipped updates to address at least 52 vulnerabilities and backported the changes all the way to iPhone 6s and iOS 15.

Last month, Mozilla released Firefox 150, which resolved a whopping 271 vulnerabilities that were reportedly discovered during the Glasswing evaluation.

“Since Firefox 150.0.0 released, they have been on a more aggressive weekly cadence for security updates including the release of Firefox 150.0.3 on May Patch Tuesday resolving between three to five CVEs in each release,” Goettl said.

The software giant Oracle likewise recently increased its patch pace in response to their work with Glasswing. In its most recent quarterly patch update, Oracle addressed at least 450 flaws, including more than 300 fixes for remotely exploitable, unauthenticated flaws. But at the end of April, Oracle announced it was switching to a monthly update cycle for critical security issues.

On May 8, Google started rolling out updates to its Chrome browser that fixed an astonishing 127 security flaws (up from just 30 the previous month). Chrome automagically downloads available security updates, but installing them requires fully restarting the browser.

If you encounter any weirdness applying the updates from Microsoft or any other vendor mentioned here, feel free to sound off in the comments below. Meantime, if you haven’t backed up your data and/or drive lately, doing that before updating is generally sound advice. For a more granular look at the Microsoft updates released today, checkout this inventory by the SANS Internet Storm Center.

Containing fixes for critical-severity vulnerabilities, the monthly rollouts will focus on addressing priority issues faster.

The post Oracle Debuts Monthly Critical Security Patch Updates appeared first on SecurityWeek.

The company released 481 new security patches across 28 product families, including over 300 fixes for remotely exploitable, unauthenticated flaws.

The post Oracle Patches 450 Vulnerabilities With April 2026 CPU appeared first on SecurityWeek.

Editor’s Note: We’ll feature Lawrence’s List every week.  It will include interesting things he’s come across during the week as he’s an avid consumer of internet garbage and follows a […]

The post Lawrence’s List 061316 appeared first on Black Hills Information Security, Inc..