Why security should be a priority for an ERP ecosystem

With an increasing amount of important data stored in various databases and organisations reliant on ERP software, it has never been more important for CTOs and CIOs to remain vigilant and educate themselves on ERP security to ensure their organisation remains operational during a cyber attack.

In May of this year, organisations across the globe were hit by a malicious ransomware attack that left over 230,000 systems in a state of chaos, with hackers demanding ransom for systems to be returned to normal.

With up to 70,000 devices across 74 countries affected, the NHS was arguably the most widely reported in the UK with MRI scanners, medical storage fridges and operating theatre equipment taken out of action.

Unfortunately, the ‘WannaCry’ attack is not a standalone incident and the media is constantly plagued with stories of businesses that have been hacked or fallen victim to cyber crime. As these kind of attacks become more frequent, CTOs and CIOs continue to examine their current systems and prioritise security.
With the security of the cloud, internet of things and big data all taking centre stage, the security of an organisation’s ERP system is often overlooked despite presenting significant vulnerabilities.

With an increasing amount of important data stored in various databases and organisations reliant on ERP software, it has never been more important for CTOs and CIOs to remain vigilant and educate themselves on ERP security to ensure their organisation remains operational during a cyber attack

For example, in May 2015 it was reported that a flaw in US Investigations Service’s (a contractor in charge of conducting federal background checks) SAP system had led to the company being breached back in 2013 with hackers obtaining the data of over 27,000 employees.

To read the complete article visit Information Age
Nick Ismail, Information Age, 31st August 2017

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