Comprehensive Data Security for Peoplesoft and SAP Application

  In order to minimize the excessive spread and disclosure of confidential data within an organization, data masking, often known as pseudonymization, is used. Data masking replaces real data with usable fictional data so that it can be safely used in cases where there is no requirement for actual data. Many types of sensitive data can be shielded with data masking. For example: Protected health information (PHI) Personally identifiable information (PII) Intellectual property (ITAR and EAR regulations) Payment card information (PCI-DSS regulation) Through the data masking solution, data values are altered while data formats remain unchanged. Data masking uses many techniques to modify confidential data, including the replacement of characters or numbers, the shuffling of characters, or the use of random data generation algorithms that have the same properties as the original data. Here are three key reasons why enterprises should incorporate data masking in their broader data security

  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 advantage of the unfam

Role-Based Access Control (RBAC) is an aspect of identity and access management whereby resource access is granted to users based on their role in organizations. Implemented properly, it can help organizations ensure data security and adhere to data privacy guidelines. Listed here are some RBAC best practices. 1. Build an RBAC Strategy Creating a plan starts with an evaluation of where you are (data, method, policy, systems), determines your ideal future state (automated RBAC-enabled access provisioning for a collection of apps and systems), and identifies the critical gaps that need to be addressed (data quality, process problems, various system-to-system authentication/authorization models). Identifying the challenges upfront makes it easier to fix them head-on before the implementation starts. 2. Establish a Framework for Governance Organizations preparing for RBAC need to make decisions on project goals, set expectations, manage and support implementation, set performance metrics,

  As per a recent estimate, the global average cost of a data breach exceeds $3.5 million. It is, therefore, essential to protect sensitive business information. In addition, data protection is now everyone's responsibility across the entire organization with more stringent laws and governance standards. Besides, the instances of data breaches are increasing rapidly. That being said, to proactively protect their data, avoid the expense of security breaches, and ensure enforcement, a growing number of organizations rely on data masking. Defining Data Masking Data masking is a method businesses use to conceal data, as is evident from the name itself. Real data is usually obscured by random characters or other data. The primary function of masking data is to shield confidential, private information. Various types of data can be shielded using masking, but the following are widely used in the business world: · PHI or Protected health information · PII or Personally identifiable inform

  In today’s digital era, data privacy and security are of paramount importance. Many data privacy laws have been enacted worldwide. With a significant percentage of employees working from home, data security has become even more critical in the current scenario. ERP systems , being a treasure trove of data, especially need to be protected. Worldwide, companies use legacy ERP systems such as SAP and PeopleSoft to handle the full spectrum of their everyday operations across business verticals. At the same time, data breach instances have risen in recent years. Well-known companies have been fined millions of dollars for data breach incidents. Let’s get a comprehensive overview of the best practices that organizations should take to help secure PeopleSoft applications from data breaches in this context. Some of PeopleTools’ new security features will help users protect PeopleSoft, both internal and external, from threats to their systems and data. Crisis Planning It’s essential to have t

  The cybersecurity landscape is rapidly changing. In the present COVID-19 pandemic scenario, most of the organizations worldwide are forced to allow employees to work from home. Also, there has been a significant upsurge in instances of hacking, which are at an all-time high. Given such circumstances, it is essential that the crucial role of multi-factor authentication (MFA) security solutions for organizations is reexamined. When most organizations first adopted MFA technology, the technology landscape was entirely different. Only one or two prominent technology vendors were there, and they sold costly hardware-based solutions that were difficult to use. We have hundreds of suppliers today that sell flexible and user-friendly MFA security solutions that run as mobile apps and also in many other convenient formats. The Changing Technology Landscape Many companies are still deploying implementations of MFA security solutions designed around the limitations of previous years, rather tha

  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