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Oracle CEO: The Next Wave Of Cyberattacks Will Be ‘Bigger Than You Think’

Oracle CEO Mark Hurd put the software giant’s efforts to grow its full-stack cloud business in the context of larger economic trends on Monday, telling OpenWorld attendees cloud is becoming an essential resource for customers looking to cut costs and reduce risk. At the annual conference, which drew more than 60,000 attendees to San Francisco this year, Hurd’s keynote detailed a brutal business landscape in which companies increasingly need cloud providers to cut their IT budgets and take the operational load off their staff, especially in implementing security.

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