{"id":905,"date":"2024-03-26T09:16:05","date_gmt":"2024-03-26T09:16:05","guid":{"rendered":"https:\/\/www.biznicality.com\/?p=905"},"modified":"2024-03-26T09:17:29","modified_gmt":"2024-03-26T09:17:29","slug":"are-erp-systems-putting-companies-at-risk-of-cyber-attacks","status":"publish","type":"post","link":"https:\/\/www.biznicality.com\/are-erp-systems-putting-companies-at-risk-of-cyber-attacks\/","title":{"rendered":"Are ERP Systems Putting Companies at Risk of Cyber Attacks?"},"content":{"rendered":"\n
Enterprise Resource Planning (ERP) systems are a set of integrated business applications that help manage core business processes, such as financial management, human resources, manufacturing, and supply chain operations. They have become an integral part of modern businesses, streamlining operations and providing data-driven insights for decision-making.<\/p>\n\n\n\n
As digitalisation continues to advance rapidly, ERP systems have also evolved to keep up with the changing landscape. However, with this evolution comes a new set of challenges, particularly in balancing efficiency and security.<\/p>\n\n\n\n
The first generation of ERP<\/a> systems emerged in the 1990s, designed mainly for large corporations with complex operations. These systems were deployed on-premises and required significant resources to implement and maintain.<\/p>\n\n\n\n In the early 2000s, the rise of Software as a Service (SaaS) paved the way for the second generation of ERP systems. This new model offered more flexibility and scalability for businesses of all sizes. Today, we are seeing a shift towards cloud-based ERP solutions, providing even greater accessibility and cost-effectiveness.<\/p>\n\n\n\n The integration capabilities of ERP systems are revolutionising the way we manage and use data within an organisation. Consolidating data and processes into a single unified system, ERP software<\/a> can facilitate an easier flow of information across various departments, allowing decision-makers to have a comprehensive view of the business. This centralised approach also comes hand in hand with the promise of efficiency enhancements, such as reducing redundant data entry and operation silos that often lead to inefficiencies.<\/p>\n\n\n\n Yet, with such efficiency gains, we also create a massive digital footprint that acts as a prime target for cyber threats. The more interconnected and automated a system is, the more damaging a potential breach can be. Even historical silos had a barrier effect that might have slowed an attack; with an ERP system, we eliminate that barrier, inviting cyber attackers to think “one-stop shop.”<\/p>\n\n\n\nThe Role of ERP Systems<\/strong><\/h2>\n\n\n\n
Security Concerns with ERP Systems<\/strong><\/h2>\n\n\n\n