How can cloud-based ERP systems reduce security risks in service operations?

Cloud-based ERP systems can help reduce security risks in service operations in several ways: 1.Data Encryption: Cloud-based ERP systems typically should use strong encryption protocols to protect data in transit & at rest. 2.Ensure regular Updates 3.Access Control & Authentication: Limit the access to what's needed and ensure keep monitoring the same. Roles in organization keep on changing, we need to ensure the same is reflected in user access. 4.Redundancy & Disaster Recovery 5.Ensure Cloud host has adequate security compliance in place. 6.Monitoring and Logging 7.Ensure cloud setup have more than adequate resources to handle the operations it needs to deliver 8.Two factor authentication can be enabled -need based.

Cloud -ERP comes with the default compliance requirments meet by the CSP( Cloud service Provider). this give a major relief on managing compliance and its a globally accepted.

Security is usually a shared model for security compliance between CSP and Business with CSP ERP provider taking in the bulk of security tasks under their belt such as OS updates, Application updates, etc. The customer needs to take care of securely maintaining and provisioning the users of Cloud-based ERP systems using secure tools such as OKTA, CyberArk and enable SSO/MFA for their business applications protection their data on the Cloud. Few advantages of using Cloud-based ERP is the scalability/flexibility, robust security since CSP's are already security complaint and continuously monitor their systems for incidents, reduced implementation times not having to worry about infrastructure requirements.

Se puder escolher um ERP nas nuvens ESCOLHA!! Sempre aconselho meu clientes que o foco dele n?o é ti, mas sim o seu próprio negócio. A n?o ser que ele possua infraestrutura de ti robusta e com profissionais qualificados, o que em muito casos encarasse a opera??o, a escolha de um ERP em nuvem vai otimizar a sua opera??o e na ponta do lápis os custos ser?o menores, e os benefícios direto e indiretos s?o diversos, mas o principal na minha vis?o e ter a tranquilidade e seguran?a de uma infraestrutura gerenciada por uma empresa terceirizada qualificada, e poder focar no corre dos seu negócio e nas possibilidades de crescimento e expans?o.

Le service cloud, c'est l'avenir stratégique de toutes les entreprises. Une innovation qui permet aux entreprises de stocker leurs données saisies sur des ERP en temps réel et en toute sécurité loin des menaces techniques grace à la dématérialisation totale de l'infrastructure informatique, ainsi que la mise en place des FIREWALL CLOUD (FWAAS) qui bloquent toute sorte d'intrus hors le cercle des autorisations d'accès attribuées.

In my experience, getting a strong team to deal with all of these business critical items is hard. Covering all the bases on security and privacy is an extensive effort that requires experts from many different areas. Top tier Cloud-based ERP providers are already working 24/7 on this topic to adhere to standards and keep everything up to date with very high investment, leveraging that as a consumer takes away a lot of things on your plate to focus on value adding endeavors on your core business. Should you really waste time and resources on something your company is not an expert on when you have strong potential partners in the market?

First check who will manage the cloud infrastructure of ERP? If it's your same ERP solution provider, you have entered vendor lock in followed by pricing power to the vendor.

Using Cloud based ERP system always comes with the standard user roles and access. For example, Oracle Cloud ERP offers different roles for Finance users. Proper segregation of roles should be done in order to have proper security in place. An organisation can also create custom roles to satisfy the business needs.

CSP's provided majority of the Data protection and backup solutions. Need to analyise the requirements considering the Costs Backup Policy to define frequency of backup Retention plan Restoration plan Archival plan. Also with GDPR,CCPA and DPDP acts, Data discarding or deletion has also become major requirement nowa days

Access control is key for data. Who has to have access and who should't should be enforced with IAM/PAM Solution. Azure has its IAM tool. Similarly as other cloud providers as well. Third part IAM/PAM tools also can be implemented

I would say best practices could also be called as benchmarked implementation document for any SAAS Based Implementation. What are the compliance requirements What are data and security polices to be followed and tools used for monitoring Alerts and events becomes more key focus.

Cloud ERP is essential to reduce the CAPEX in IT budgets. It can help to mitigate Cyber-Security risks because new updates are applied instantaneously without delays. It also helps you to easily integrate with other third party apps that you love. Finally, your IT team can relax a little and use the extra energy to focus on more business critical tasks instead of being bugged down with maintenance of on-premise ERP server.

Look at scope and the outcome of the implementation Track deviations and new features addition. Focus ont he costs. and check how the documentation is versioned, update and tracked.