Oracle recently unveiled an artificial intelligence-driven security and risk management solution — a first in the enterprise software industry. Oracle Risk Management Cloud’s new Advanced Access Controls, developed especially for Oracle Enterprise Resource Planning (ERP) Cloud, helps organizations to consistently monitor for financial compliance (SOX), segregation of duties (SOD), proprietary information, payment risks, and privacy risks. The new controls make use of self-learning, artificial intelligence methods to continuously evaluate all users, roles, and privileges against a library of active security rules. The company added that the new offering includes over 100 best practices, i.e. configurable rules, across payables, general ledger, fixed assets, and receivables.
Here’s a list of the benefits proffered by artificial intelligence-driven Security and Risk Management:
1. Constant protection: Continuous monitoring of user as well as application activity
2. Instant best practices: Over 100 demonstrated ERP security rules
3. Self-learning: Embedded self-learning and artificial intelligence for accurate results
4. Enhanced incident response: This makes sure that…
