Information risk management and data security have become significant challenges in global business due to the emerging pressures of globalization and regulatory compliance. The need to preserve confidentiality, prevent data loss, and ensure compliance across more channels with a single, unified information risk management solution has never been greater. It’s critical for chemicals companies to restrict access to chemical information. Not only is this a legal requirement, but it serves to enforce intellectual property protection mandates.
Role-based access to chemical information is too static. Implementation based on roles reflecting authorization levels results in an exponential increase in access rules compared to basing authorization on access variables, and often results in implementing more roles than actual employees. As a manual, cost-incurring task, it is also open to human error. Instead, access to chemical information should be granted dynamically, based on multiple attributes such as content classification, user identity, legal, and internal rules.
Entitlement Manager for SAP is an SAP-endorsed business solution from NextLabs Inc. The solution supports the enforcement of policy-based access to chemical information to help protect intellectual property. Solutions endorsed by SAP AG are complementary to SAP software offerings, have been specifically integrated with SAP solutions and tested by SAP, and provide additional choices and flexibility for businesses running SAP software.
In addition to Entitlement Manager for SAP a 2nd SAP-endorsed business solution became available shifting the focus of Information Risk Management from IP protection and data security to support of global growth. The new solution, NextLabs Technical Data Export Compliance solution for SAP GTS, offers comprehensive electronic export compliance covering physical goods, digital goods, and technical data. The solution, integrated with the SAP Global Trade Services application, helps customers automate global trade compliance by actively working to help prevent violations, track and audit the export of physical goods, digital goods, and technical data, and lower the compliance costs associated with various export control regulations.
Export compliance is a big problem in the Chemical Industry. This solution is the first to combine physical goods and technical data compliance into a single integrated solution Through integration with SAP Global Trade Services, it is designed to handle the export requirements across multiple export regulations such as the U.S. International Traffic in Arms Regulation (ITAR), U.S. Export Administration Regulation (EAR), German BAFA, UK Export Control Act, and Dual Use regulations.
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