1. What are the main threats to ERP security?
ERP security is not only about preventing unauthorized access to your data, but also ensuring its integrity, availability, and performance. Cyberattacks, insider threats, compliance issues, and human errors are all major threats to ERP security. Hackers can exploit vulnerabilities to steal, modify, or delete data, disrupt operations, or demand ransom. Employees can misuse their access rights to leak, tamper, or sabotage data. Your ERP system may store and process sensitive data that is subject to various regulations; failing to comply can result in fines, lawsuits, or reputational damage. Finally, users can make mistakes that compromise ERP security by using weak passwords or clicking on phishing links.
2. How can you assess your ERP security posture?
In order to protect your ERP system from potential threats, it is important to have a clear understanding of your current security posture and identify any gaps or weaknesses. This can be done through a regular ERP security assessment, which includes mapping your ERP architecture and data flows, reviewing the configuration and customization, scanning the software and network for vulnerabilities, auditing access rights and roles, testing backup and recovery plans, and evaluating security policies and procedures.
3. How can you implement ERP security best practices?
The results of your ERP security assessment can inform the implementation of best practices to enhance your ERP security and mitigate risks. These practices include applying the latest patches and updates to your ERP software and network, encrypting your ERP data in transit and at rest, implementing strong authentication and authorization mechanisms for users, monitoring and logging activities and events, educating and training users on security awareness and hygiene, as well as working with a trusted and experienced ERP vendor or partner.
4. How can you measure and improve your ERP security performance?
ERP security is not a one-time project, but an ongoing process that requires constant monitoring and improvement. To measure and improve your ERP security performance, you should establish and track key performance indicators (KPIs) such as the number of incidents, the time to resolve them, or the impact on your business. Periodic audits and reviews of your ERP security controls and practices should also be conducted, as well as seeking feedback from ERP users and stakeholders. Additionally, benchmarking your ERP security against industry standards and best practices is necessary. Finally, it is important to adopt a proactive and preventive approach to ERP security rather than a reactive and corrective one.
SOURCE: https://www.linkedin.com/advice/3/youre-concerned-erp-security-what-most-clglc?trk=cah1
