Trust, security and privacy issues with cloud erp
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This document discusses cloud ERP and its benefits and challenges. It provides an overview of cloud computing and ERP systems. Cloud ERP provides flexible business processes, anytime access to information, and reduced costs. However, there are also challenges around trust, privacy, security and regulatory compliance. The document recommends that organizations prepare for cloud ERP implementation by defining their goals, creating awareness, assessing readiness, and engaging security experts to effectively manage risks in a cost-effective manner.
Trust, security and privacy issues with cloud erp
- 1. Cloud ERP Harshit Garg Sanjoy Saha
- 2. Overview • Cloud Computing • Masses of network functions available via the internet • Enables access from any mobile or fixed device linked to internet •The cloud also focuses on maximizing the effectiveness of the shared resources. Cloud resources are usually not only shared by multiple users but as dynamically re-allocated as per demand. • ERP • Business management software • Allows an organization to use a system of integrated applications to manage the business 2 Cloud ERP
- 3. •Why Cloud ERP ? • Provides a business with more flexible business process transformation • Anytime, anywhere access to information • Reduces operational expenditures • Supports monitoring and full drill-down capabilities 3 Cloud ERP
- 4. Trust War “Trust can’t be sold or gained overnight, every company has to earn it…..” • IBM’s focus-group study • 40 percent of respondents showed trust • One-third responded neutrally "Can I trust the Cloud to deliver?", "Who owns my data?" and more…. • Migrating existing systems to the cloud • Difficult to implement • Involves ample of training • But, slowly winning the trust war 4 Cloud ERP
- 5. Information Privacy • ERP, Cloud are on a collision course • Privacy challenges • Risk assessment : Complex • Achieving regulatory compliances • Emergence of new business models peril consumer privacy • Complexity of risk assessment • Who are the stakeholders involved in the operation ? • What are their roles and responsibilities ? • Where is the data kept ? • How is the data replicated ? • What are the relevant legal rules for data processing ? • How will the service provider meet the expected level of security and privacy ? 5 Cloud ERP
- 6. System Security • Authentication and Authorization • Architectural Benefits • Centralization of security • Data and process segmentation • Redundancy and • High availability • Compliance • Ensures the laws, regulation, industry codes and organizational standards are met • Threats • Risk of the system’s unavailability • Data leakage : Network/web application security breach 6 Cloud ERP
- 7. Conclusion & Recommendation • Currently, low levels of awareness, trust in model and adoption among IT decision makers in different segments • Prepare for implementation • Define what the Cloud means to your organization • Create awareness of Cloud initiatives • Effective assessing of systems, staff, training and policies for cloud support • Engage professionals from organizations with specific Cloud security expertise “Cost-effective Risk Management Approach” 7 Cloud ERP
- 8. Thank You ! 8 Cloud ERP