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Project #4.docx - 1 Project #4: Acquisition Risk Analysis...

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1Project #4: Acquisition Risk AnalysisProject #4: Acquisition Risk AnalysisCourse Hero: ZSCANT24 November 2019
2Project #4: Acquisition Risk AnalysisOracle OverviewOracle Corporation (Oracle) was founded in 1977 by Larry Ellison, Bob Miner, and EdOates. These four partners met while working on a secret database technology at the request ofthe central intelligence agency. After completing the project successfully, a decision of taking thedatabase and knowledge into the private sector was discussed and agreed upon by all fourpartners. The journey began, and the company was known by a few names until in 1982 adecision was made to change the name of the company from Relational Software Inc. to Oracle.In 1987 Oracle was already the largest database management company in the world with 4,500end-users in 55 different countries.Oracle headquarters are located in Redwood Shores California.The company has been at this location ever since they outgrew their original headquarters in 1989.TodayOracle is a thriving e-Commerce powerhouse that is a top provider of software and informationtechnology solutions.Oracles’ target consumer is corporations and businesses. They offer products and serviceseither through cloud or hardware in the areas of applications, platforms, and infrastructure. Asthe company has grown and become increasingly successful competition has arisen. WhileOracle is in the business of cloud computing and enterprise software several competitors offersimilar products. Currently, the largest competitor is a company called Salesforce which offers awidely used customer relationship management product as well as a cloud platform.Additionally, companies such as HP, Dell, Microsoft, and others are all competing for the samecustomers and market causing fierce competition. Oracle had a risk management strategyconducted not long ago. Key areas of risk and vulnerability were outlined by utilizing theNational Institute of Standards and Technology (NIST) Cyber Security Framework (CSF). Tomitigate these risks three products were recommended to be reviewed, purchased, and
3Project #4: Acquisition Risk Analysisimplemented. Oracle cannot afford to allow its network or data to be breached, exposed, orcompromised.Role of Governance Frameworks & StandardsTo mitigate risk ensuring that the recommended products to purchase meet theestablished Oracle security requirements is paramount. Currently, the three products suggestedfor purchase were determined from the data generated by the risk management strategy. The listbelow outlines the suggested products as well as explains their unique benefits:i.Qualys Vulnerability Management: This top-rated product is a subscription-based cloudservice that shows the latest threats and vulnerabilities to a network. (Qualys, n.d.)Benefits include:Instant visibility to vulnerabilities and cyber threats.

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