In recent weeks, Oracle Corporation has faced significant scrutiny due to multiple cybersecurity breaches affecting its cloud services and legacy systems. These incidents have raised concerns about data security and the company’s response to such breaches. Meanwhile, Elisha Wiesel, son of the late Nobel laureate Elie Wiesel, shared poignant reflections on his childhood and the enduring lessons from his father. In the business realm, Specsavers has made strategic decisions to move away from Oracle’s ERP system, seeking more efficient solutions. Additionally, Oracle has highlighted its efforts to improve risk calculations and regulatory reporting in the financial sector.
## Oracle’s Cybersecurity Challenges
Oracle has recently disclosed two significant cybersecurity breaches to its customers. The first breach involved a “legacy environment” that had not been in use since 2017, yet contained old client login credentials. According to a Bloomberg report, the breach led to the theft of usernames, passkeys, and encrypted passwords. Oracle has engaged the FBI and cybersecurity firm CrowdStrike to investigate the incident. Despite Oracle’s initial denial of a cloud breach, further reports from BleepingComputer and Security Affairs confirmed the breach, with the threat actor, known as ‘rose87168’, claiming to have stolen data from over 140,000 Oracle Cloud tenants.
The second breach involved Oracle Health, formerly known as Cerner, where attackers accessed legacy data migration servers. This incident, detected in February 2025, led to the theft of patient data, with the threat actor demanding millions in cryptocurrency to not leak or sell the stolen information. Oracle Health has yet to publicly disclose this breach, but BleepingComputer has confirmed the breach through private communications with affected customers.
## Elisha Wiesel’s Reflections on Childhood and Legacy
Elisha Wiesel, the son of Holocaust survivor and Nobel laureate Elie Wiesel, recently shared insights into his upbringing and the lessons he learned from his father. In an online discussion hosted by Rabbis Yossy Goldman and Yehuda Stern of Sydenham Shul, Elisha discussed the challenges of growing up in the shadow of a renowned figure. He recounted how his father protected him from the full weight of the Holocaust’s horrors, allowing him to learn about his family’s history through ambient experiences rather than direct storytelling. Elisha’s journey to understanding his father’s legacy and his own identity as a Jew was a complex one, marked by periods of rebellion and eventual reconciliation. His reflections underscore the importance of maintaining a strong sense of Jewish identity and the enduring impact of his father’s teachings on compassion and respect for all people. South African Jewish Report.
## Specsavers’ Strategic Shift from Oracle ERP
Specsavers, the international optometry company, has decided to pause its global standardization of Oracle’s ERP system, opting instead for third-party support. This decision, expected to save the company £5 million over the next three years, reflects a strategic shift towards more flexible and cost-effective solutions. Kieran Mazur, head of IT at Specsavers, highlighted the challenges of implementing a standardized ERP system across the company’s diverse and rapidly expanding operations. Specsavers plans to migrate to the cloud and explore new ERP platforms over the next four years, considering options from vendors like Workday, SAP, Microsoft, Oracle, and Infor. This move underscores the evolving needs of businesses in managing their ERP systems and the importance of adaptability in the face of changing market demands. The Register.
## Oracle’s Efforts in Financial Services
In the financial sector, Oracle is focusing on enhancing risk calculations and regulatory reporting. The company acknowledges the increasing complexity of regulatory requirements and the need for financial institutions to manage these challenges efficiently. Oracle’s solutions aim to automate data quality checks, eliminate data silos, and provide a 360-degree view of operations, customers, and markets. By addressing these issues, Oracle seeks to help financial services organizations improve performance and drive growth. Oracle.
The recent developments surrounding Oracle highlight the company’s challenges and responses in the realms of cybersecurity, business strategy, and financial services. Oracle’s handling of the breaches, Specsavers’ decision to move away from Oracle’s ERP system, and Elisha Wiesel’s reflections on his father’s legacy offer valuable insights into the complexities of modern business and personal narratives. As Oracle continues to navigate these challenges, the focus on improving risk management and regulatory reporting in the financial sector underscores the company’s commitment to innovation and efficiency.
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