Oracle Buys Bharosa
Oracle announced that it has agreed to acquire Bharosa
REDWOOD SHORES, Calif. -- Oracle today announced that it has agreed to acquire Bharosa, Inc., a leading provider of software that helps combat online identity theft and fraud. Strong authentication and fraud detection are increasingly critical components of identity management deployments and are seeing rapid adoption. Driven by regulatory mandates such as FFIEC, PCI, and HIPAA, organizations are under pressure to reduce fraud and provide higher levels of assurance of users' identities and their usage intent. By adding some of the leading real-time fraud prevention capabilities of Bharosa's Tracker and Authenticator software to Oracle's existing web single sign-on and web-based authorization solutions, Oracle will uniquely provide the next generation of access management to customers and the market.
"Oracle Identity Management ranks among the industry's top solutions and we plan to continue rapidly expanding our security business to provide our customers with the most comprehensive, leading information protection solutions available," said Hasan Rizvi, vice president, Identity Management and Security Products, Oracle. "We expect Oracle and Bharosa, together, to provide enterprises with a comprehensive identity management solution that integrates proactive, real-time fraud prevention."
Oracle Corp. (Nasdaq: ORCL)
About the Author(s)
You May Also Like
Beyond Spam Filters and Firewalls: Preventing Business Email Compromises in the Modern Enterprise
April 30, 2024Key Findings from the State of AppSec Report 2024
May 7, 2024Is AI Identifying Threats to Your Network?
May 14, 2024Where and Why Threat Intelligence Makes Sense for Your Enterprise Security Strategy
May 15, 2024Safeguarding Political Campaigns: Defending Against Mass Phishing Attacks
May 16, 2024
Black Hat USA - August 3-8 - Learn More
August 3, 2024Cybersecurity's Hottest New Technologies: What You Need To Know
March 21, 2024