5 April 2023
One of the biggest problems we face as researchers is identifying the relevant questions to ask. This makes curiosity a particularly important trait to have. In addition, you have to be aware of your own deficiencies and open to the fact that there are always going to be things you or your team do not know.
This became more than apparent to us recently when asked by a colleague what content we had around the subject of ERP security, to which we had to answer that we had nothing!! This post is now an attempt to rectify that, at least at a very high level, as after all we are not ERP experts.
An Enterprise Resource Planning solution, also known as an ERP solution, is a set of software programmes that is designed to manage and integrate a company's core business processes, such as financial management, supply chain management, human resources management, customer relationship management, and inventory management, into a single unified system.
ERP systems usually work from a centralised database, thus allowing all departments within an organisation to get access to the information contained inside the system. Because of this, they can simplify and automate their procedures leading to lower operating costs and boosting their overall efficiency.
On the market today, there is a wide selection of ERP providers, each of which offers a bespoke collection of features and options. Some of the top vendors/products in the Enterprise Resource Planning (ERP) space include the following:
An ERP solution is often made up of several different components that, when combined, form a comprehensive management system for a company's many business activities. These parts include the following:
These components, when combined, work together to offer a comprehensive system for the management and automation of business processes, the enhancement of operational efficiency, and the provision of greater insight into business operations.
An enterprise resource planning (ERP) solution is an essential system that is used to handle and store sensitive corporate data, making it an attractive target for cyber criminals. As a result, a thorough threat model needs to be developed in order to detect potential dangers and openings in the ERP system's defences that could result in a security breach.
The following is a list of some of the most important aspects that make up a risk management model for an ERP solution:
There are, without a doubt, several dangers that are exceptional to or peculiar to ERP systems. These include the following:
It is essential for businesses to implement a comprehensive security strategy that includes regular security assessments, vulnerability testing, employee training, and stringent access controls in order to reduce the impact of these unique threats and risks and protect their ERP solution from security breaches.
The security of ERP solutions is comprised of several different components, all of which collaborate to safeguard the system from various dangers and weaknesses. These parts include the following:
It should also be noted that there are third party vendors, such as Onapsis & Safe O’Clock, providing security solutions specifically for some of the ERP platforms, although primarily aimed at SAP & Oracle. These solutions, as well as being able to help with some of the above best practice configuration items, also offer some of the following capabilities:
Like most cybersecurity, there’s no magic here. Integrated cloud / on-premise deployments increase the complexity and indirect risk, but for the most part ERP security is achieved by consistently getting the security of the composite elements right. The biggest challenge for security managers is likely to be identifying what and where these components are, an exercise that will become increasingly more difficult as the complexity of the system increases.