Guest blog entry by the Account Based Telemarketing Team (ABTM) Germany
Increasingly business operational software solutions are provided directly from the “socket”. Plug in and connect to the cloud for solutions like SAP Business ByDesign (DE) / SAP Business ByDesign (EN), a comprehensive business solution for SMEs and subsidiaries of larger enterprises.
In Germany however, the majority of IT strategy decision-makers are still sceptical as to how secure such applications are, which was reflected in this year’s CEBIT motto “Managing Trust – Vertrauen schaffen” (Source: http://bit.ly/GAdurG (DE)).
So let’s talk about Security. According to a Gartner research (DE), IT Security makes up 5.2% of total IT spending, down 7% from 5.6% of total IT spending posted last year – a formidable chunk of the IT Budget, designated to protect company data against internal or external unauthorized access. Until recently, it was assumed that external threats would pose the greatest danger to data security, ex. g. industrial espionage. But this view has changed as Alexander Geschonneck, KPMG-Partner and Head of Forensic Technologies, points out who has found that 70 percent of companies regard first and foremost former employees or insiders as high risk. (Source: http://bit.ly/GAeGNS (DE))
But while budgets for IT security dropped, the costs that emerge for a company suffering from data loss have never been as high as today. The average cost for data loss amounted to 7.2 million US Dollar – the equivalent of around 5.3 million Euros – last year. (Source: http://bit.ly/GAb6BP (DE))
The above facts indicate that the main risks of Cloud Computing do not lie with the medium itself, i.e. the Internet/Cloud, but rather in the field of human resources. And that it is very costly for companies to keep their data safe. Could the Cloud even be the solution to data security issues rather than the threat? SAP Business ByDesign, for example, offers several approaches to reduce risk – one being an appropriate role-based authorization concept that meets and fulfills all current compliance requirements as standard.
What has been your experience?
Guest blog entry by the Account Based Telemarketing Team (ABTM) Germany; a team responsible for prospecting SAP customers. The team members are all experienced and specially trained for their branch of business. Andrea Koch, Petra Weiprecht, Oliver Best, Uwe Bittner, Benjamin Eisensteck, Hans-Gerd Grafe, Martin Walzenbach and Horst Wolf contributed to this blog.
Follow us on Twitter: @ABTMDeutschland
Picture f.l.t.r.: Hannes Rebholz, Andrea Koch, Horst Wolf, Oliver Best, Uwe Bittner, Hans-Gerd Grafe