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Integrating ERP Security To Mitigate Insider Threats and Fraud

Every good hacker story ends with the line: "and then he's got root access to your network and can do whatever he wants." But the story really doesn't end there. This is just the beginning of the real damage that the hacker can inflict. . . .. Every good hacker story ends with the line: "and then he's got root access to your network and can do whatever he wants." But the story really doesn't end there. This is just the beginning of the real damage that the hacker can inflict. While most information security initiatives focus on perimeter security to keep outsiders from gaining access to the internal network, the potential for real financial loss comes from the risk of outsiders acting as authorized users to generate damaging transactions within business systems. The continued integration of enterprise resource planning software only increases the risk of both hackers who break through perimeter security and insiders who abuse system privileges to misappropriate assets - namely cash - through acts of fraud. Security in the e-business, integrated enterprise resource planning (ERP) world requires a new way of thinking about security - not just about the bits and bytes of network traffic, but about business transactions that inflict financial losses from systems-based fraud, abuse and errors. The link for this article located at net-security.org is no longer available. . In today's business world, robust security in ERP systems is crucial. Enhanced protocols ensure data integrity, safeguard sensitive info, and trust among employees. Fraud Prevention, Insider Threat, ERP Security, Transaction Security, Financial Risks. . Anthony Pell

May 25, 2004 • Anthony Pell Network Security