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Why security should be a priority for an ERP ecosystem

Information Age recently published an editorial by our CEO, Mark Smith. It discusses the important of security for an ERP system.



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. They need to ensure their organisation remains operational during a cyber attack.

In May of this year, malicious ransomware called ‘WannaCry’ attacked organisations across the globe. It left over 230,000 systems in a state of chaos. Hackers demanded ransom for systems to return to normal.

It affected 70,000 devices across 74 countries. The press reported heavily on how much the ransomware affected the NHS. This devastating security threat took MRI scanners, medical storage fridges, and operating theatre equipment out of action.

Protect against cyber attacks

Unfortunately, the ‘WannaCry’ attack is not a standalone incident. In fact, the media constantly reports on stories of businesses that have been hacked or fallen victim to cybercrime. As these kind of attacks become more frequent, CTOs and CIOs continue to examine their current systems and prioritise security.

The security of the Cloud, internet of things, and big data are all taking centre stage. The security of an organisation’s ERP system is being overlooked despite presenting significant vulnerabilities.

There is an increasing amount of important data stored in various databases and organisations reliant on ERP software. It has therefore never been more important for CTOs and CIOs to remain vigilant. It’s also important for them to understand ERP security. They need to ensure their organisation remains operational during a cyber attack.

For example, in May 2015 there was a flaw in the SAP system the US Investigations Service (a contractor in charge of federal background checks) was using. This led to a breach in the organisation back in 2013. Hackers obtained 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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