Cybersecurity Experts Anticipate Growing Number of Attacks Against ERP Systems

PALO ALTO, Calif., May 31, 2017 /PRNewswire/ -- Crowd Research Partners with the support of ERPScan, a leading business application security provider, released the ERP Cybersecurity survey 2017. The research revealed that there is a lack of awareness and security measures taken by enterprises, even though the majority of cybersecurity professionals anticipate the growing number of attacks on ERP systems.

The survey of 1900+ cybersecurity experts demonstrates that ERP Security has hit the list of topics organizations are concerned about, with 89% of security professionals expecting the number of cyberattacks against ERP systems to grow. Moreover, 33% of them anticipate a significant increase.

Cybersecurity experts consider attacks on this key software as a costly risk - an average damage of an SAP security breach is estimated at $5m. Fraud is viewed as the threat bringing the greatest financial loss, a third of organizations polled assesses the damage of fraudulent actions at more than $10m.

Still, the statistics show that there is a lot of work left to go in the field of ERP Security awareness. One in three respondents hasn't heard about any SAP Security incident, which happen annually. Only worrisome 4% know about an episode with the direst consequences – USIS data breach started with an SAP vulnerability, which resulted in the company's bankruptcy. Alarmingly, the results were gained by surveying among people who are engaged in ERP Security.

The lack of awareness is one of the reasons why enterprises are falling behind on securing ERP systems. One of three respondents hasn't taken any ERP Security initiative yet and is going to address this area this year.

"The result of the survey are not surprising. Most enterprises are still unprepared for any attacks, including ones against ERP systems. ERP systems store and manage essential business information and processes. Taking into account the recent ransomware attacks and its costs to organizations, we can imagine how huge the impact could be if hackers target SAP. CISOs should include this area in their list of top priorities if haven't done it yet," commented Alexander Polyakov, CTO at ERPScan. 

The report covers numerous topics related to ERP Security (risks, awareness, trends, improvements, etc). Respondents were selected from various roles and companies of different sizes and industries (Technology, Software&Internet, Government, Financial Services, Healthcare, Pharmaceuticals, Manufacturing Telecommunications, etc).

Download the ERP Cybersecurity 2017 Report to learn the key findings and practical takeaways.

Register for the "SAP Security - How to Protect Your Most Critical ERP Platform" webinar, to hear directly from the researchers and start building a defense strategy for your ERP system.

About ERPScan
ERPScan is the most credible Business Application Cybersecurity provider. The company operates globally and enables large Oil&Gas, Financial, Retail, and other organizations to secure their mission-critical processes. Named an 'Emerging Vendor' in Security by CRN and distinguished by 40+ awards, ERPScan is the leading SAP SE partner in discovering and resolving security vulnerabilities.

ERPScan's mission is to close the gap between technical and business security and provide solutions for CISOs to secure SAP and Oracle ERP systems. Our clients are large enterprises, Fortune 2000 companies, and managed service providers.

Contact:
Daria Maenkova
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SOURCE ERPScan