The FINANCIAL — Oracle announced Oracle Privileged Account Manager to help customers efficiently comply with regulatory requirements, secure critical applications and sensitive data, and lower operational costs.
As Oracle reported, the latest addition to Oracle Identity Management 11g Release 2, a key component of Oracle Fusion Middleware 11g, Oracle Privileged Account Manager provides customers with the ability to easily and safely manage passwords for shared or administrative accounts associated with business applications, middleware, databases and operating systems.
Typically an enterprise data center can have hundreds of shared accounts, bringing an additional level of security concerns as shared accounts provide elevated system access often to highly sensitive information and can be accessed by multiple sources with little way to audit their usage back to any individual.
By combining advanced policy-based and automated password management capabilities with comprehensive auditing and reporting features, Oracle Privileged Account Manager delivers highly-secure and simplified password administration to shared accounts, while further streamlining identity compliance reporting.
As a part of Oracle Identity Governance and integrated into Oracle Identity Management 11g Release 2, Oracle Privileged Account Manager can also significantly reduce identity management costs, deployment times and audit deficiencies.
“With increasing complexity and the need for tight policy controls, managing passwords for shared and administrative accounts can be a very time consuming and expensive process,” said Amit Jasuja, vice president of development, Security and Identity Management at Oracle. “Oracle Privileged Account Manager reduces the administrative burden while enabling customers to benefit from simplified, highly-secure management of shared and administrative accounts. The combination can significantly reduce identity costs and improve security by protecting sensitive data from unauthorized parties.”
Discussion about this post