Larry Ellison said Oracle's highly automated new cloud-based security platform is a first-of-its-kind weapon in a cyberwar going on between enterprises and sophisticated hackers—a battle businesses, so far, aren't taking seriously enough.
Speaking at the OpenWorld conference in San Francisco, Oracle's founder, chairman and CTO described the company's cyber-defense system as the only product suited to combat threats often emanating from nation-state actors.
The Oracle Management and Security Cloud, "also known as the Oracle Security and Compliance Cloud," Ellison said, employs machine learning to churn through heaps of log data ingested across systems and environments, be they on-premises, in Oracle's cloud or from other providers.
"It can't be our people against their computers. We're going to lose that war," Ellison said. "And make no mistake, it’s a war."
Unlike the Oracle 18c database that Ellison unveiled Sunday, a product that also automates functionality using machine-learning algorithms, Security Cloud is not entirely self-driving. But the security cloud is more automated than any other security system on the market, he said.
It "works in conjunction with human beings to protect your data," Ellison said.
Data theft is the biggest problem in the industry – far bigger than outages, he said.
"Companies are losing the cyberwar. And it gets worse every year," Ellison said.
Consider Equifax, Ellison said, the credit reporting agency that recently suffered one of the worst data breaches in recent history.
What's particularly troubling about that hack is the more than hundred million pieces of personal identification data stolen from Equifax didn’t show up the next day on the dark web, Ellison said. That suggests "a state actor that had other uses for the data."