REDWOOD SHORES, Calif., Oct. 4, 2018 /PRNewswire/ — To help protect customers from ever-increasing fraud and security threats, Oracle today unveiled the enterprise software industry’s first AI-driven security and risk management solution. Designed specifically for Oracle Enterprise Resource Planning (ERP) Cloud, Oracle Risk Management Cloud’s new Advanced Access Controls enable organizations to continuously monitor for segregation of duties (SOD), financial compliance (SOX), privacy risks, proprietary information and payment risks.
The new controls embed self-learning, artificial intelligence (AI) techniques to constantly examine all users, roles and privileges against a library of active security rules. The offering includes more than 100 best practices (configurable rules) across general ledger, payables, receivables and fixed assets.
“As the pace of business accelerates, organizations can no longer rely on time-consuming manual processes, which leave them vulnerable to fraud and human error,” said Laeeq Ahmed, managing director at KPMG. “With adaptive capabilities and AI, products such as Oracle Risk Management Cloud can help organizations manage access…
