On October 14, 2016, Oracle completed the acquisition of Palerra, extending Oracle Identity Cloud Service with an innovative Cloud Access Security Broker (CASB).
Palerra’s innovative CASB product LORIC protects and assures compliance of applications, workloads and sensitive data stored across cloud services. Palerra offers a unique combination of visibility into cloud usage, data security, user behavior analytics, and security configuration, with automated incident responses. Customers can respond to cloud security incidents in real-time, protecting sensitive company data and workloads across all of the leading cloud services.
Together, Oracle and Palerra will help accelerate cloud adoption securely by providing comprehensive identity and security cloud services. The combination of Oracle Identity Cloud Service (IDaaS) and Palerra’s CASB solution plan to deliver comprehensive protection for users, applications and APIs, data, and infrastructure to secure customer adoption of cloud.