Why Cyber Security is essential for an SAP System?

Why does SAP Security matter?

The digital world is constantly transforming and cyber security has become a major concern for individuals, businesses and governments alike.

Also, the rising significance of cyber security has recently become apparent in the increasing amount of media accounts of high-profile infringements and data theft. Understandably, the real cause of the infringements is generally not disclosed. However, for a large number of companies, especially large corporations, these data reside in their Enterprise Resource Planning systems. It is, therefore, we can say that the considerable such attacks targeted at ERP systems.

Why Cyber Security is essential for an SAP System image

SAP systems as well as other business-critical applications preserve the most critical corporate data, which is constantly susceptible by sabotage, espionage, and fraud.

The gravity of the condition is such as 60,000 companies using SAP systems are vulnerable to security infringements, due to user negligence in following suggested security fixes brought out by SAP.

As things stand now, many businesses are averse to deploy SAP security patches due to fears of service disruption. Companies should get rid of such apprehensions and set sights on strengthening their SAP Cyber Security Systems. 

The objective of Cyber Security

The purpose of Cyber Security is to lessen data infringements and to promote a secure environment for any hardware failures. It safeguards information from ransom attacks by intruders who can make your data unreachable unless a ransom payment is agreed using crypto currency. 

Individuals who can gain illegal access to the data on your networks or system can range from hackers who write scripts to try to compromise cyber security or planned criminal enterprises that carry out technically progressive attacks, purely for unlawful financial gain.

Grey areas where an organization is exposed to cyber threats:

  • SAP network filtering
  • Users with default passwords
  • Missing SAP security notes
  • Web applications for SAP
  • Unencrypted SAP communications
  • Unprotected SAP authentication
  • Insecure SAP authentication
  • Unsafe SAP gateway
  • Risky SAP message service
  • Unsafe SAP router
  • Access to administration services

The Utility of Cyber Security for an SAP system

The following areas that SAP Cyber Security Framework crucial to detect when dealing with Security:

  • Management
  • Detection
  • Events
  • Leakage of Data

The vulnerability of SAP systems in a Cyber Security Strategy

The nature of attacks is not confined to traditional network infringements. Some of the most common cyber-attacks experienced by businesses are as follows:

  • Social engineering (Phishing): Phishing and e-mail messages are the easy and quick route to a company’s network. Since people are naturally are the frailest parts of the defences, attackers concentrate on end-users as part of the ‘reconnaissance’ and ‘delivery’ stages of the cyber security chain killing.
  • Internet of Things (IoT): While companies are using a larger number of connected devices to improve their business operations and productivity, there is a heightened risk that attackers will gain access to the network through those with lower protection mechanisms.
  • Internal Fraud: Attacks can take place within businesses where users have direct access to information systems and have the advantage of reading, downloading, maintaining sensitive data. A common danger example here is that of a dissatisfied employee. This type of attack is specifically challenging to defend against, as it does not require collusion, and none of the traditional defence mechanisms, also referred to as firewalls provide strong mitigation of these risks.
  • Third-party Targets:  As shown in the April 2019 attack by the premier IT consulting company Wipro, which assumed that state-sponsored attackers penetrated Wipro’s systems and used them to launch more such attacks on their client base, trusted third parties can act as an attack vector against companies that themselves have mature defense systems in place.
  • Ransomware: Ransomware, such as Petya, Notpetya, and WannaCry, encrypt target files that need a ransom before the attackers decrypt the data. The WannaCry attack on the National Health Services cost a projected 100 million pounds arising out of lost output and IT costs.

The Emerging Erends in Cyber Security

Many companies are applying Artificial Intelligence’s deep learning to cyber security. Mimecast, the US-based cloud-specific software solutions provider is engaged in improving the way organizations manage confidential, mission-critical business communication and data. The company’s task is to reduce the risks that users face from e-mail and to help reduce the cost and complexity of safeguarding users by shifting the workload to the cloud. 

All the discussed points in the articles help companies in protecting their SAP systems and their applications. 

Conclusion: Cyber security will be an important issue for every risk-conscious manager and will continue to be a growing concern for every major organization in the world. In any case, SAP security should be a central point of cyber security.  Keeping companies’ ERP applications and SAP systems safe is going to be a big challenge for every organization as they have to ward off cyber-attacks and other forms of data fraud and theft.