Meta advances cybersecurity assurance and accountability with Oracle Fusion
Technology innovator centralized access governance and controls across 200 applications using Oracle Fusion Cloud Risk Management and Compliance.
United States | High Technology
“Oracle Cloud Risk Management unifies access governance across Fusion and hundreds of systems, reducing violations while improving accountability. This lets us move at the speed of innovation while keeping our enterprise secure.”
About Meta
Meta is a global technology leader behind connected digital platforms.
Business problem: Complex access governance across many systems
As Meta grew, on-premises systems struggled to keep pace with evolving regulatory requirements and the need for fast, data-driven decision-making. Meta unified core financial and supply chain operations on Oracle Fusion Cloud Applications to modernize.
With more than 100,000 users across 28 Oracle Fusion Cloud Applications modules and 200 additional applications, access requests and system changes increased security and compliance risk.
Solution and results: Automate controls with Oracle Cloud Risk Management
To centralize and automate risk controls Meta selected Oracle Fusion Cloud Risk Management and Compliance, part of Oracle Fusion Cloud Finance and Accounting, using built-in AI to translate security information into business terms for process owners.
The company also uses Oracle Fusion Cloud Application’s APIs to interconnect financial, HR, and operational systems so preventive controls and continuous assurance remain active regardless of how users access data.
Capabilities include more than 145 security algorithms that analyze access and simulate segregation of duties (SoD) risk, automated reviews of role requests, cross-application SoD analysis, and tracking of exception approvals and compensating controls.
Benefits realized by Meta’s business include unified, live information for process owners and risk teams, reduced security silos, and centralized reporting for internal oversight and external audits.