ShinyHunters’ exploitation of a new PeopleSoft zero-day hole threatens to change enterprise risk dynamics

A recent compromise of PeopleSoft by hacking group ShinyHunters is causing new concerns for enterprise users of the Oracle product, with analysts recommending extreme measures in response. Law enforcement has made some progress in its pursuit of the cyber criminals involved. On Saturday, Reuters reported that a suspected member of ShinyHunters had been arrested by the FBI and has been cooperating with law enforcement to help identify other member of the group.