Loading...
Blog Featured Image

How To Secure Your Data In ERPs

A major concern for clients, customers, and businesses with enterprise resource planning (ERP) has been the security of their data. Many people have doubts regarding data security in the cloud version as well. Generally speaking, during ERP implementation, clients tend focus more on prioritisation of activities, core ERP functionalities, deadlines and financial constraints. The security aspect somehow gets lost in the milieu of cacophony.

Kinds Of Security Risks For Organisations Implementing ERP

Unauthorised access: ERP software generally comes with a set of standard roles which are allocated to users on the basis of their functional tasks in the organisation. Consequently, clients plug in user-based controls and limit a user’s software access on the basis of their customisation and authorisation level. For example, an accounts clerk would not possess access to the inventory management module in the ERP. However, there is a risk of users creating fraudulent transactions, making unapproved updates, or submitting entries with transaction errors that are preventable.

The next security issue arises when all of a client’s needs is not met by the ERP as they didn’t accurately report their requirements to the ERP vendors, thus to make up for their absent functionalities they end up using other software which may have security issues of their own.

Loopholes During Implementation Responsible For Security Loopholes

It is only when serious security breaches occur after the ERP system has been set into motion that businesses and individuals start to take note of it. Omissions and commissions made during implementation are usually responsible for potential security risks.

The scenario may lead to companies having to make corrections after they have gone live, which is a tedious, expensive and disruptive process that could result in bottlenecks and loss of productivity. Moreover, a compromised ERP system as far as security is concerned can eventually lead to operational hurdles, data privacy issues, and fraud.

Uninterrupted Monitoring Is The Solution

ERP vendors, as well as clients, need to adopt a 360-degree approach as far as security and controls are concerned. They need to focus on specific client requirements and manage risks by devising strategies aimed at protecting integrity, confidentiality of information, and accessibility. The approach should be to focus on risk minimisation during the implementation period itself and avoid expensive rework. With an increasing number of users and progressively more complex and integrated information systems, new levels of transaction-level security would be required.

There are 3 comments

avatar

Very informative post

15 November, 14:55 -
avatar

Thanks for this post

18 November, 15:34 -
avatar

Thanks, great post. I really like your point of view

22 November, 14:59 -

Add your comment

About logiology

Address : KSITIL Special Economic Zone Unit No 01, 1st floor, Sahya building, Govt Cyberpark, Nellikode (PO) Calicut, Kerala, India Pincode : 673016

Phone : +91 495-2434111
Support : +91 495-2433550
Sales Mumbai : +91 9892317142
Sales Calicut: +91 6282353928
Email : info@logiology.com
Support : support@logiology.com
Sales : sales@logiology.com