At last! The blog system at Oracle has been updated with a much better solution. It is going to make publishing these blogs far easier, so without further ado I would like to share some information I found last year on data loss incidents within the US.
A study sponsored by Vontu and PGP was published which looks into the cost of losing confidential or personal information.
It reports that, "The total averages costs of a data breach grew to $197 per record compromised, an increase of 8 percent since 2006 and 43 percent compared to 2005. The average total cost per reporting company was more than $6.3 million per breach and ranged from $225,000 to almost $35 million."
It goes onto describe how Vontu and PGP can provide solutions for these problems, which do not come close to the range of solutions available from Oracle. Oracle has a much broader and complete range of technologies which the combination of Vontu and PGP cannot offer. For example;
- Database Vault providing the ability to secure structured data in the database.
- Oracle's Universal Records Management protecting and controlling unstructured data.
- A complete identity management solution with Oracle's IdM suite to easily control access to applications storing/creating confidential information.
- Finally Oracle's Information Rights Management (IRM) solution blows PGP and Vontu out of the water with a more mature, usable and feature rich solution which works alongside all of the above Oracle technologies.
