By Sparsh Sharma

Copyright timesnownews

US-based tech giant Google has raised a red flag over a new wave of cyber extortion emails being sent to executives at multiple organisations, according to a report by Reuters. Hackers behind the campaign are claiming to have stolen sensitive information from Oracle’s E-Business Suite, a widely used platform for enterprise operations.While the attackers insist they have access to critical data, Google has clarified that there is no solid proof yet to confirm these claims. Here’s what we know so far. Hackers Demand Ransom, Claim Data Theft In its statement, Google said the malicious emails were specifically directed at senior executives across various companies. The attackers claimed to have stolen confidential data from Oracle business applications and demanded ransom in exchange for not making it public. Interestingly, the group behind the campaign has associated itself with the notorious Cl0p ransomware gang, known for carrying out massive data breach operations worldwide. Google Says Claims Remain Unverified Despite the big claims, the tech giant has urged caution, noting that it does not have enough evidence to confirm whether the hackers truly possess the data they threaten to release. The company stated that the situation remains unclear: the emails could be a genuine threat or simply a scare tactic designed to pressure companies into paying ransom. Google has not disclosed details about how many organisations were targeted or the nature of the executives involved. ALSO READ: Google Chrome Users In India Asked To Update Devices Immediately Or Else…. Ransomware Threats On The Rise This warning comes at a time when ransomware groups are increasingly turning their attention to high-value corporate systems. Oracle’s E-Business Suite, which handles sensitive financial and operational data for global companies, makes it a prime target. Cybersecurity analysts note that extortion campaigns have become a common strategy. Even when attackers do not have the stolen data they claim, the very threat can cause financial losses and reputational damage to businesses. With ransomware gangs like Cl0p continuing to evolve, experts believe organisations must strengthen their cybersecurity posture and stay alert to phishing and extortion campaigns. Get Latest News live on Times Now along with Breaking News and Top Headlines from Technology Science and around the world.