Mandiant and Google Threat Intelligence Group (GTIG) have identified an active compromise and extortion campaign attributed to UNC6240 (ShinyHunters) targeting Oracle PeopleSoft application infrastructure. The activity was observed between May 27, 2026, and June 9, 2026 and is consistent with the exploitation of CVE-2026-35273, a critical remote code execution vulnerability (CVSS 9.8) in the Environment Management component. The exploitation of this vulnerability directly aligns with the observed targeting of Environment Management Hub (PSEMHUB) endpoints. Because this activity predates Oracle's June 10, 2026 advisory, the vulnerability was exploited as a zero-day. Upon becoming aware of active scanning and exploitation, we initiated notifications to over 100 global organizations whose IP addresses correlated with potentially vulnerable endpoints. Most of these organizations were based in the United States, and 68 percent operated within the higher education sector. Subsequently, public reports by @nahamike01 on X highlighted open attacker directories on the staging servers, allowing GTIG to perform a detailed triage of the threat actor's operations.