Discuss the security implications of cloud-based ERP systems

Question

What will be an ideal response?

Answer 1

One of the newest trends in ERP is the movement of ERP to cloud systems. The benefits of using cloud systems include less investment in hardware, less software maintenance and the outsourcing of information systems infrastructure. However, one needs to look closely at the security capabilities of your cloud provider, especially when incidences of hacking are more prevalent – managers need to worry about information security.
According to the United States Computer Emergency Readiness Team (US-CERT), several organizations using ERP systems are vulnerable to cyberattack. First, ERP specialists are often database administrators with very little experience in cybersecurity. Second, ERP systems are very complex, with as many as tens of thousands of settings that make cybersecurity difficult. In addition, companies often lack the resources to monitor their ERP systems properly.
From a behavioral point of view, firms should never let associates access ERP systems from personally owned computers, tablets, or smartphones, and employees should not be given the use of company computers when they leave a company. Putting off security measures or upgrades because they could potentially disrupt your business operations is never a good idea. The failure to properly secure your data may ultimately put your business's entire future at risk.