"Companies need new mechanisms that complement existing security solutions to better protect themselves from insider threats and misuse from privileged users, " said Bharosa chief executive Jon Fisher.
Hasan Rizvi, vice president of identity management and security products at Oracle, added: "We expect Oracle and Bharosa to provide enterprises with a comprehensive identity management solution that integrates proactive real-time fraud prevention."
Bharosa's Tracker and Authenticator software will continue to be available on a standalone basis with integrations for Oracle and non-Oracle environments as well as integrated with Oracle Identity Management.
The transaction is subject to customary conditions and is expected to close in August 2007.
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iTnews State of Security Breakfast Sydney
iTnews Executive Retreat - Security Leaders Edition - VIC
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