This blog post is only my personal view, based on observations.
Everyone who is reading this post must be aware of recent
TARGET Data Breach. There is no doubt, this news has shaken IT world
for a moment and every company should have reviewed their current status of in-house systems which
are crucial to running their business. Such security/data breaches cost business, time
and credibility big time.
Well, context is all set for main point…. Yes, I am talking
about the security on ERP systems like Oracle APPs or SAP. Any medium and big
companies/organizations must be dependent on ERP systems, be it supply chain
management, CRM, HR or Financials. Most of the systems are restricted to company
staff and less likely vulnerable to outsiders (may not be true always).
ERP systems generally use the encryption technologies to
restrict the data thefts but there is always big concern on authorized employees
having access to un-authorized modules and hack the information.
Companies/Organizations drive security on ERP systems because
ERP systems are installed and maintained in-house. According to some surveys, companies
lose 3-6% of their revenues every year because of ERP systems malfunctioning,
be it because of down-town or system issues. This trend is going to change
because of target incident. Organizations soon will realize driving security
may not be fool proof always and they start looking for implementations which comes
with in-built security features, which has better monitoring tools, immediate
alerts in case of un-authorized access etc…
Yes, I am talking about ERPs on CLOUD…. This is going to be
future trend big time. I am not arguing that hosting ERPs on Cloud is secure as
on today but doing so, organizations will get lot of flexibilities, opportunities
to improve, good monitoring/audit tools and comes with other advantages of
using cloud too.
Hoping for the best and waiting to see this interesting
trend in near future….
