What are the most important ERP security policies to implement?

Other ways in which RBAC falls short when it comes to ERP security: Inflexibility: Role-based access is rigid. It provides either too much or too little access without the fine-grained control necessary for modern security needs. Entitlement Creep: As employees change roles or responsibilities, they may accumulate permissions that are no longer relevant. Complexity and Scale: As organizations grow managing access controls through roles becomes complex. Regulatory Compliance: Many industries are subject to stringent regulatory requirements, RBAC struggles to meet these demands.

One thing I’ve found helpful is that Role-Based Access Control (RBAC) is a crucial ERP security policy. It involves: 1. Defining roles and responsibilities for different user groups in your organization, such as finance, sales, and HR. 2. Specifying permissions for each role, determining what data and functionality they can access. 3. Assigning individual users to appropriate roles based on their job functions and responsibilities. 4. Regularly reviewing and updating roles and permissions to align with organizational changes. RBAC helps prevent unauthorized access, reduces errors, enforces segregation of duties, and simplifies auditing and compliance by ensuring that users only have access to what they need for their roles.

Role based aproach won't be effective if organisational roles are taken as reference. But if functional roles based on process are taken as reference, it will work properly.

The RBAC method of managing access to data and resources functions if you never reassign an employee or work with partners. But, no organization remains static, and RBAC processes become unmanageable in dynamic environments. When it comes to ERP security, role-based falls short of access governance. For example, RBAC can't structure access policies with fine-grained privileges in complex ERP security models.

If you can't explain to the auditors in 30 seconds why this user has the access they do, reconsider their access. Give access based on the work and responsibilities of the user, not their title. Set a review to evaluate users and their access levels with a special focus on people who have changed roles or departments but stayed in the organization (since they aren't caught in offboarding processes).

As ERP vendors continuously introduce updates and new features, organizations must ensure that their security model aligns with these changes. Failure to do so can result in security gaps and compliance issues.

Password Policy: Employees should be knowledgeable about creating robust passwords to deter hackers from compromising their accounts. Regrettably, certain employees exhibit inadequate habits when it comes to creating and managing their passwords. To address this issue, organizations should establish effective password management protocols. An ideal password should encompass the following attributes: It should not incorporate personal information. It should consist of a minimum of 12 characters. It should be distinct for each account and not divulged to others. It should comprise a combination of uppercase and lowercase letters, numbers, and special symbols.

One thing I've found helpful is to give clear examples of how easy it is to be socially engineered. Once people get the concept that we as humans are the biggest security hole and the impact of a breach they do better about internalizing some core security practices. Be willing to share a time you or another technical person was either tricked or almost tricked to underline that this is real and not belittling them or calling them bad for being less "tech-savvy."

Logs and alerts must be easy to access and view by both internal and external stakeholders (external auditors/compliance regulators)

A well-crafted incident response plan is a cornerstone of a robust cybersecurity strategy, guarding against security breaches and legal consequences. To create an effective plan, follow these steps: continuously monitor systems, swiftly contain incidents to prevent escalation, assess their impact and risks, thoroughly investigate to eradicate threats, recover data, and back it up securely, and regularly review and update the plan while documenting actions and lessons for future improvement. These guidelines enable organizations to proactively address security challenges, maintain legal compliance, and minimize potential damage.