Bharosa was founded by Thomas Varghese, a research scientist and a serial entrepreneur by background, in 2003. Don Bosco Durai and Jon Fisher later came on board as co-founders. The premise was simple in that the existing authentication technologies were not satisfactory and not very difficult to compromise. No authentication technology can really provide its full and intended security benefits unless the computer and computer network are re-designed from the grounds up. This is because originally, Computers were designed for Computing and Networks for Communication. It is the Internet revolution which has brought these insecure systems together as one system and these days one can hardly be separated from the other. Yet security is still an after-thought in such systems. The Bharosa platform provides a two-way trust between the end user and vice-versa to operate within a compromised (phishing, pharming, keyloggers, malware, etc) environment.
Oracle acquired Bharosa within three years of its incorporation as they were the leaders in their space and succeeded in securing some of the top financial institutions, health-care research organizations and some large eCommerce and SAAS offerings in the industry.
Bharosa's products renamed to Oracle Adaptive Access Manager (OAAM) is now part of the Oracle Identity Management product suite that provides protection for businesses and their customers through strong yet easy-to-deploy multifactor authentication and proactive, real-time fraud prevention. Oracle acquired the company "Bharosa" which means 'trust' in the Hindi language to extend Oracle's ability to offer its customers comprehensive web-based access management solutions. Combined with Oracle's identity management products, these innovative solutions deliver the next generation of adaptive, risk-based access management providing its customers with a comprehensive set of tools to protect and manage access to their assets..
