You Can Prevent Cyber Attacks With Timely Upgradation Of ERPs

Today, most of our environment is becoming digital. And this digital world is more prone to cyber attacks. Most of the organizations whether government or private are conscious about the cyber attacks. According to Computer Emergency Response Team(CERT-in), until June 2017, over 27000 cyber security threats have been witnessed in India.This figure is shocking and raises many concerns. These cyber attacks are complex to even solve. Even, many firms lack adequate cybersecurity checks and measures.

ERP systems deal with vital company information, a massive amount of important customer, employee and client data. In that case, sensitive data is vulnerable to malware and ransomware attacks. And even a minor security issue in ERP systems can hamper all the processes. You have heard about the newest Cloud ERP softwares. These are capable of managing data from various devices. Cloud-enabled ERP systems can be accessed by many users across as many platforms. For this reason, the system and its processes become vulnerable to cyber attacks.  

WannaCry and Petya are one of those cyber attacks which have damaged the processes of enterprises worldwide. So, it is very important that ERP systems should be secure.

An ERP Cybersecurity survey 2017 has revealed that just about 89% of cybersecurity experts anticipate a rise in the number of attacks on ERP systems. But this problem has an easy solution. If you upgrade your ERP systems timely, it can enhance the efficiency of the system. Adding to it, ERP systems come out to be more credible.

you may also read: Connecting Your ERP With IoT

Let’s look at the advantages of upgrading ERP systems timely:

Legacy ERP systems are likely to have cyber attacks

ERP systems are constantly coming up with new functionalities. Also, hackers are not sitting alone, even they are creating advanced ways to obstruct the ERP softwares. The Systems which handle confidential and sensitive data on sales, purchasing, accounting, finance or personal data of employees, clients, and customer demands tight security. Well, legacy ERP systems are not that proficient to counteract current cybersecurity threats. Recently, a credit card theft happened in the US through hijacking the Point of Sale (PoS) device and it was powered by a weak ERP system. So, ERP systems must need upgradation as outdated systems are prone to vulnerability. You can avoid such incidents by timely upgrading a secure ERP system.

If you have outdated ERP software, it will have incompatibility issues

With outdated ERP systems, it cannot support new features in itself. Also, the troubleshooting steps are minimal for redundant ERP applications. Incompatibility issues in ERPs lead to a crash and unalterable financial loss to the organization. As the world of ERP is ever-evolving, updating the software to the latest version should be a priority.

Thus, all organizations using ERP systems need to remain alert about its security and they should make sure they are well-versed with the security parameters or things which can protect their confidential data.