Ellison claims Oracle software could have prevented Equifax hack
By Wallace Witkowski, MarketWatch
Ellison uses Equifax woes as selling point for Oracle's coming automated database system
The massive data breach at Equifax Inc. could have been prevented with Oracle Corp.'s automated databases, Larry Ellison claimed Tuesday, using the credit-reporting company's woes as a selling point for Oracle's new product.
The Oracle(ORCL) founder, chief technology officer and chairman introduced the Oracle Management and Security Cloud at the OpenWorld conference in San Francisco on Tuesday. While not 100% automated like the Oracle 18c autonomous database Ellison introduced on Sunday, he said the "highly automated" system uses machine learning to detect threats through event log abnormalities, while the 18c automatically patches the database to protect information without human intervention.
On Sunday, Ellison threw down a price-war gantlet against Amazon.com Inc.(AMZN), guaranteeing that Oracle would offer database warehousing at half the price or less than Amazon's Redshift charges (http://www.marketwatch.com/story/oracles-ellison-guarantees-database-warehousing-at-half-the-cost-of-amazons-2017-10-01).
Equifax (EFX) revealed in early September that unknown hackers stole information on more than 140 million U.S. customers from the credit-reporting agency's databases in what's become regarded as a preventable incident. The breach occurred after a vulnerability in open-source web software Apache Struts was not immediately patched after it was discovered and publicized, Equifax executives have revealed.
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"Equifax is a hundred-year old company and they're fighting for their survival because someone in the data center didn't locate an instance of Apache Struts and fix it when a fix was available," Ellison said Tuesday.