Many business leaders approach new technology with a degree of skepticism. For decision-makers, security and reliability are among the highest priorities when it comes to selecting the right systems for their business. Unexpected downtime and data breaches, after all, lead to greatly reduced profitability as well as a whole host of other problems. While there’s nothing wrong with a little bit of skepticism, you need to make sure you’re getting the right information when you’re planning to implement a new cloud-hosted ERP system.
Cloud-Hosted ERP Is More Secure Than You Might Think
When it comes to the fast-changing world of enterprise systems, everyone seems to be talking about the cloud these days. From cost-saving benefits to far greater mobility, flexibility and scalability, you don’t have to look far to find out about the numerous benefits of cloud computing. However, there are vendors of legacy ERP systems who belief cloud-based solutions as insecure and unreliable.
Contrary to what the skeptics and alarmists might say, a cloud-hosted ERP system is likely to be far more secure than a legacy in-house system. The main reason for this is that cloud providers have a vested interest in safeguarding their clients’ data. They have also reached economies of scale allowing them to implement the best physical, technical, and administrative safeguards available. After all, looking after your data is what they do, their primary job and they tend to do it a whole lot better services than a small organization with an underfunded and undermanned IT department.
How Cloud ERP Security Systems Work
Companies with their own in-house ERP systems have a monumental task ahead of them when it comes to maintaining their IT infrastructure. Servers, desktops and all other data-bearing devices need to be constantly updated and replaced as technology continues to advance. Failing to keep your systems up to date leaves them exposed to a multitude of threats. However, for cloud-based systems, you don’t need to worry about things like updates and software lifecycles, since your software will be maintained and kept current on the vendor’s end.
While the cloud helps improve reliability and security by giving you immediate access to the latest industry-proven technology, its security benefits don’t stop there. Round-the-clock monitoring, continuous application vulnerability testing, intrusion detection and prevention, multilayered firewalls and in-stream packet scanning are just a few of the extra security advantages that many cloud-hosted ERP vendors offer.
Physical security is also likely to be vastly better in a modern data center than in your regular workplace premises. While there’s no such thing as perfect cybersecurity, hackers will typically go for the path of least resistance. Chances are, that will be an in-house system with outdated software laced with vulnerabilities to exploit.
Remember, People Will Always Play a Role
Although technology can go a long way to protecting your data, whether you’re using an in-house or cloud-hosted ERP system, the effectiveness of your security strategy ultimately comes down to people. 90% of all cyberattacks are caused by employee negligence, whether that’s due to people sharing passwords, failing to secure mobile devices, or falling victim to a phishing scam.
While there’s no substitute for training your staff, and ensuring they are fully aware of the threats facing your business, it should be noted that a cloud-hosted ERP system is maintained, and constantly monitored by a dedicated team of experts. In other words, ERPs greatly reduce the chances and mitigates the effects of human error. , access control and multifactor.
WhiteOwl offers businesses cutting-edge technology and years of industry expertise to help supercharge productivity, boost security, and reduce costs. Talk to one of our experts today to schedule a free consultation.