Standard Life opts for Oracle to protect customer information security
Standard Life has acquired Oracle Identity and Access Management for its customer information security.
The intention is to underpin customer and business partner access control across the company's global websites. The move will allow Standard Life to enforce a higher level of security and process diligence, whilst centralising the administration of associated information security services.
The Canadian arm is expected to be the first of the organisation's worldwide operations to complete the implementation of the new solution with the UK following shortly thereafter.
Oracle Identity and Access Management will use standard connectors to share data with existing corporate information assets such as Microsoft Active Directory, Novell e-Directory, Oracle Database and Oracle Internet Directory and operates against the relevant open standards within Standard Life's heterogeneous technology environment.
Brian Barbour, chief information security officer of Standard Life, said: “We want customers to trust Standard Life and they have a right to expect that. We have brokers who work with the staff who have access to customer information, and we will be re-certifying that so it will be automated. We want security to be uppermost in people's mind.”
Des Powley, technology director security at Oracle UK, Ireland and Israel, said: “Standard Life understands that trust and information security should be synonymous for any company that recognises the true value of long-term customer relationships. It is increasingly important for companies to protect information about the identity of customers and employees, not just because of the reputational risk, not just because it hits the bottom line, but because customers expect and deserve it.”