Comprehensive Data Security for Peoplesoft and SAP Application

  While businesses work hard to ensure that their cloud services follow the highest security requirements, when transitioning their applications and infrastructure, they fail to adhere to the same procedures. Companies must adopt a prompt approach to preventing and addressing security oversights during their cloud transition, focusing on enhanced training and technical controls. Only with the right combination of resources and policies can companies and their employees safely transition into the cloud. Hardware-Based Risks When it first entered the corporate lexicon, IT practitioners used the word shadow IT to refer to unauthorized hardware operating in their business setting. Shadow IT has shifted from hardware to software over time. When they were weighed down by the absence of an important function, workers would use their own tools under the radar. Businesses, lacking official guidance or enterprise-grade authentication, were exposed to unknown risks these apps would bring to ...

  For different reasons, those employed in the critical area of cybersecurity are always stressed. The workload is immense since cybersecurity teams are typically understaffed. The very essence of the work is highly demanding as well. In such situations, solving the burnout problem requires companies to work better, not harder. Here are some approaches that businesses can adopt to take the challenges head-on. Understanding The Business The COVID-19 pandemic has shown that companies need to be able to quickly adjust and adapt, whether in response to a crisis, customer needs, or technology. This need for speed puts IT security at the forefront, to the point that cybersecurity is no more a technology problem; it's a business issue. Organizations should make cybersecurity the overall business plan part of. In order to ensure that security is integrated in organizational culture, this means inculcating a security-first mindset. Recognizing The Complexity COVID-19 has establish...

  Datasecurity is a critical problem, and business leaders are increasingly called on to help improve cybersecurity and detect threats. When switching from on-premise to cloud ERP, it's essential to note that cloud ERP systems come with adequate security measures. And then, additional security and exposure controls would need to be implemented by corporations. 74 percent of respondents had data protection concerns in a new survey, and 53 percent said they had data privacy issues and data loss problems. Ensuring Cloud ERP Security: Some Proven Strategies A breach of data can impact company activities and have disastrous implications for the company. A few approaches related to cloud ERP data security include the following: Developing A Security And Governance Strategy Involve executives and all workers in building a framework for data governance and determining security standards. Cloud ERP systems integrate enterprise-wide data, so it is likely that several departments ma...

  In the past, the US government has warned businesses about the increasing danger of attacks against resource planning systems for businesses. The alert came after a study revealing the prevalent violations of Oracle and SAP systems. Although government agencies and many other industries are especially vulnerable to security outbreaks, smaller businesses and manufacturers are more likely to become victims of breaches. It does not deter companies from searching for ERP solutions, as upsetting as this news is. Organizations would fall behind in our fast-paced marketplace without implementing ERP to automate workflows and serve as a central hub of business data. Our information has never been 100% secure, and vulnerabilities in cyber-attacks often stem more from weak protocols than from the systems themselves. With each protection measure, a business takes, the risk of being hacked decreases dramatically. We address the measures businesses should take to ensure robust ERP data prot...

  Combining a user ID and password to protect our most sensitive information is not good enough anymore. Identity theft, breaches of data, ransomware, and malicious actors mean that information security must change in order to stay ahead of security threats. Effective safety is compulsory for all organizations. The best security strategy must take into account the demands of the organization and the staff, balancing security, encryption, and ease-of-use. There are two key security solutions for many businesses, Single Sign-On (SSO) or Multi-Factor Authentication (MFA), to choose from. To decide what's best for the organization, it takes careful consideration of the pros and cons of each approach. There is no reciprocal exclusion between the two mechanisms; both can be leveraged. However, knowing how to devote time and budget to one project over another can make all the difference. Multi-Factor Authentication (MFA) MFA uses many distinct factors to verify user identity and gr...

  Because of the   COVID-19 pandemic , organizations around the globe were forced to implement a work-from-anywhere scheme. With staff accessing cloud resources, collaborative tools, and remote systems from home and public networks, and not only via the privacy of a VPN, this has become the new way of doing business. This rapid transition brings a host of safety issues for businesses. Some of the most prominent cybersecurity threats are outlined here. 1. Evolving Traditional Cybersecurity Threats  Cyber threats such as phishing, malware, trojans, and botnets will remain prominent; it seems obvious. Such attacks, mostly mined from company websites and social networks, are increasingly automated and customized to personal information. These kinds of hazards will continue to increase in number and frequency as movements towards automation increase. These risks may be influenced by current events as well. During the pandemic, we saw a surge in phishing emails, taking advantag...

  With the COVID-19 pandemic spreading across the globe, remote work has become an essential need for organizations during these uncertain and particularly challenging times. With a large percentage of organizations' workforce working remotely, valid concerns, relating mostly to data security and access management have cropped up among senior executives and data administrators. Remote Work: A Necessity Prior to COVID-19, the objectives of allowing remote access were a desire for efficiency and flexibility. For years, remote access has been of considerable value to forward-thinking organizations. Post COVID-19, companies are in 'survival mode' and have no choice but to open up access and hope for the best for their most critical financial transactions and confidential data. In a remote work setting, the chances of conducting transactions that result in financial losses are immense, and such a situation requires a robust data security policy and relevant data security solutio...

  Putting on hold major IT projects (such as a cloud ERP migration) during these uncertain times indeed makes sense. Such projects might seem non-essential at this point in time, but what is 'essential' is often more a question of opinion than real importance. A perfect example of this is the protection of ERP data. As COVID-19 struck, several companies started scoping for enterprise security solutions such as a VPN that allows remote access. But only in the context of establishing a point of authentication-not securing data. When do you consider the large quantities of data exposure that have arisen as a significant risk vector? This actually is a direct outcome of remote access. At this point, ERP data security becomes essential.  Data Security: Essential But Ignored ERP data security frequently gets tossed into the "non-essential" project pile, with businesses perceiving it as an afterthought. Such thinking would expose your data to hacking, fraud, and other types ...