Security is already a pretty serious topic in most company boardrooms today, but with urgent issues like bottom-line pressures, market-share threats, and figuring how in the world to engage with millennials, many companies have ended up putting security on the back burner when it comes to priorities.
Well, that’s about to change.
According to this year’s edition of Oracle's annual cloud predictions, security will become the top priority for most companies by 2020. According to Oracle, while cloud infrastructure has become more secure, cyber security efforts at most companies continue to suffer. As evidence, look no further than the massive security breach announced at Equifax in Sept. 2017, which compromised the data of a staggering 145 million U.S. consumers and that some estimate could ultimately cost the company billions (not including the damage to its reputation).
Cybersecurity experts warn security breaches like Equifax will become more commonplace for two key reasons:
As a result, observers say similar breaches to Equifax are no longer a question of if but when. As companies continue to collect and store ever-growing piles of data to understand not just their customers but their own businesses, the task of managing and protecting data becomes, well, virtually unmanageable. Some have said artificial intelligence and machine learning could eventually assist humans with these tasks, dramatically decreasing the burden on IT staff and improving security dramatically.
One company, Oracle, has actually integrated AI and machine learning into a database that almost literally drives itself. Oracle's Autonomous Databases use machine learning algorithms to automatically provision, secure, monitor, back up, recover, tune, patch, and upgrade themselves. By virtually eliminating human involvement, Oracle has virtually eliminated human error—the very root of the Equifax breach.
Beyond the security implications of Oracle’s autonomous technology, the cost and performance benefits of the technology make it unique and compelling for many companies. Recent performance tests show that Oracle’s first autonomous database product, the Autonomous Data Warehouse Cloud Service—was 10 times faster running on the Oracle Cloud than Amazon’s Redshift database running on AWS. Oracle was also 1/14th the cost of Amazon. Oracle’s first Autonomous Database product, the Autonomous Data Warehouse Cloud Service, will be available in early 2018.
Oracle’s Autonomous Databases not only dramatically improve performance and security, but they also provide the added benefit of freeing up those already-strained resources to focus more on other pressing strategic issues, particularly driving IT innovation.
Click here to see Oracle’s cloud predictions for 2020.