Oracle ASO - The Vault Shield - Securing Every Byte, Empowering Every Transaction. Qorus-Infosys Finacle Banking Innovation Awards 2025

Submitted by

Karnataka Gramin Bank

Premium
10/06/2025 Banking Innovation
Oracle Advanced Security Option helps banks to protect customer data with end-to-end encryption and redaction—ensuring compliance with RBI guidelines, reducing fraud risk, and securing sensitive financial information.
Innovation details
Country
India
Category
Social, Sustainable & Responsible Banking Innovation
Keyword
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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