According to one recent study, 81 percent of enterprise cloud users cite security as a significant concern, while 79 percent cite compliance, and 84 percent cite governance as major challenges. These figures are especially significant given our experience working with enterprises where in-house expertise in these areas is often in very short supply and even many third-party service providers lack deep cloud risk management experience.
Oracle Cloud specialists at PwC have recently worked with a number of companies to leverage Oracle Risk Management Cloud as part of an Oracle Cloud risk and security work stream. While every engagement is (and should be) unique in many ways, we consistently observe three areas where Risk Management Cloud has the potential to give your company cost-efficient continuous monitoring capabilities to build your trust that only approved activities are occurring inside of your Oracle Cloud system.