Oracle Snags Palerra to Beef Up Cloud Security

Oracle has agreed to acquire cloud access security broker Palerra, whose LORIC software manages security and compliance for applications, workloads, and sensitive data stored across cloud services, the companies announced Sunday. Palerra “offers a unique combination of visibility into cloud usage, data security, user behavior analytics and security configurations, with automated incident responses,” wrote Peter Barker, Oracle’s SVP of identity management and security products, in a letter to customers and partners.

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