ERP platforms house critical operational data, making them attractive targets for cybercriminals. Keeping software updated helps close vulnerabilities, protecting against potential breaches.
A cybersecurity budget is essential, especially as ERP systems represent significant investments. However, only 49% of companies have adequate funding for necessary cybersecurity measures and tools.
Restricting access to ERP systems can minimize risks, especially given that cloud-based tools are accessible from various locations. Organizations need strict policies on who can access sensitive data.
Regular updates and vigilant monitoring systems can help detect anomalies, but the recognition of cybersecurity's importance by executives is crucial for effective resource allocation.
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