Oracle buys Bharosa to bolster fraud prevention

The database firm said that it will add some of Bharosa's Tracker and Authenticator real-time fraud prevention capabilities to its existing web-based single sign-on and authorisation offerings.

"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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