Oracle recently acquired cybersecurity startup Zenedge, to add cloud-based security services to Oracle cloud and protect enterprises from the complex digital threats.
Zenedge provides AI-based security solutions including Web Application Firewall (WAF), Distributed Denial of Service (DDoS), and Bot Manager capabilities to secure critical IT systems. These security capabilities provide enterprise-grade protection for systems deployed on cloud, on-premise, as well as hybrid cloud.
Oracle will integrate Zenedge’s capabilities into Oracle Cloud Infrastructure, and help the enterprises around the world to secure their networks, databases, applications and APIs from suspicious and malicious internet traffic. The integration will also extend Oracle’s domain name system (DNS) capabilities.
“Customers demand enterprise-grade infrastructure to run their critical business systems in the cloud,” said Don Johnson, Senior Vice President of Product Development, Oracle. “Oracle Cloud Infrastructure as a Service delivers leading cloud services to address those needs. The combination with Zenedge equips Oracle Cloud Infrastructure with integrated, next-generation network and infrastructure security, to address modern security threats.”
Oracle said that the acquisition will “allow enterprises to adopt cloud services without compromising performance, cost, control or security through an expanded Oracle Cloud Infrastructure platform”.
As per a 2017 cybercrime report, cybercrime damages will cost the world $6 trillion annually by 2021. Web application and network attacks are on the rise, and common security rule-sets no longer work. Complex web applications, infrastructure and APIs require continuous protection. In such a scenario, Oracle’s move is a significant one for enterprises of all sizes.
Zenedge currently defends more than 800,000 web properties and networks through its virtual Security Operations Center (SOC) worldwide.
“Customers achieve tremendous results with Zenedge’s innovative WAF and DDoS mitigation products, from a 99% reduction in illicit website traffic to a 99.75% improvement in page load times,” said Yuri Frayman, CEO of Zenedge. “We could not be more enthusiastic about joining forces with the leader in enterprise-grade cloud infrastructure, and delivering similar results to even more customers at scale.”
The terms of the deal were not disclosed. In December last year, Oracle had acquired Aconex, an Australian cloud service provider, for $1.2 billion.