Oracle ASO - The Vault Shield - Securing Every Byte, Empowering Every Transaction. Qorus-Infosys Finacle Banking Innovation Awards 2025
IndiaCategory
Social, Sustainable & Responsible Banking InnovationKeyword
Cybersecurity & Authentication, Data
Innovation presentation
To address rising cybersecurity threats and regulatory demands in the BFSI sector, a strategic initiative was launched to implement Oracle's Advanced Security Option (ASO). The project aimed to enhance data protection, ensure compliance with PCI DSS and RBI guidelines, and reduce risks of unauthorized access. In a competitive environment where peers have adopted advanced security solutions, this implementation involved IT, Compliance, Operations, and Legal teams working together. Key achievements include deploying Transparent Data Encryption, enforcing strict access controls with Oracle Database Vault, centralized key management via Oracle Key Vault, and comprehensive auditing. These measures have strengthened data security, improved compliance, and maintained operational efficiency.
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