A report highlights that financial losses of companies from hacking is close to $400 billion a year. A significant portion of cybercrime goes undetected. Companies often prefer to say nothing, rather than risk damaging their reputation and to avoid litigation.
Cybercriminals do not just steal data. They also stole up to one billion dollars in hard currency from financial institutions across the US, Germany, Russia, Ukraine and China over the past two years according to Kaspersky Lab.
Companies have discovered that employees and their personal smartphones are two of the weakest links in the security protocol. Last year, 16 million mobile devices were infected by malware. Hackers go after smartphones as an entry point; from an infected smartphone, they can jump into a network and wage denial-of-service attacks or commit corporate espionage.
The challenge companies’ face is to balance accessibility against the security threat. Providing employees access to data anytime, anywhere on any device empowers them but at the same time this creates vulnerabilities in the security protocol.
The key is to walk the tight rope between providing the access yet building a security infrastructure that can limit losses at every stage. One way of doing that is to build a solid yet flexible role-based access control system into your ERP solution.
A professionally designed and installed access control system can increase network security of your business. It is a low-maintenance method of restricting access to authorized users in different areas of your network. When designing and installing a role-based access control system, you can determine and manage special roles and security levels to different employees, creating a hierarchy of controlled access and privilege.
Some of the biggest benefits of these network security systems include:
Many companies rely on security when it comes to their network and data to protect their employees, customers and industry advantage. When the role-based system is implemented, access is determined based on a users role. Once these roles are set, the desired level of security can be maintained across employees.
Minimal Administrative Work
When an employee is hired or if a current worker changes departments, role-based access control eliminates the need for paperwork, password changes to grant and remove network access. These systems can be set up, to allow for an easier switch of the designated role and faster assimilation into the workflow. Once a system is designed it requires minimal maintenance and can be scaled for growth. Changes can be made quickly and implemented across systems, platforms, applications and geographic locations.
Decreased Customer Support
Using a different network security system can sometimes require a string of passwords. The more passwords the more likely employees are to forget them. This can hamper HR or IT departments when they could be focused on more important projects. Role-based access control takes away that need for multiple passwords to prove privilege. Instead, it grants access based on the initial assigned role and assigned accessibility for that role. Multiple roles can be assigned to a single person with single login credentials.
So if you looking for an ERP solution that gives you the flexibility of anytime, anywhere access and at the same time protect your data click here.