In the modern digital age, data security is paramount to any enterprise or industry. Businesses are facing the challenge of leveraging their data for insights – while keeping the same data safe from cybercriminals and online threats.
As a popular ERP solution, how secure is SAP Business One? The straightforward answer is “highly secure.” Be it any business domain, enterprises can now leverage SAP B1 security features to safeguard their organizational data at all levels. Here’s a look at some of its security features.
How Secure is SAP Business One?
SAP Business One is the preferred ERP tool used by small-to-medium enterprises (SMEs). Essentially, this ERP tool integrates all business functions under a single umbrella and provides real-time data access.
Here are some of the SAP B1 security features that make it safe for use among SMEs:
1. Data encryption methods
SAP B1 uses highly secure encryption protocols to safeguard sensitive data – during storage and transit. It uses cryptographic algorithms to encrypt the data – and allows access only to authorized users. This feature makes it challenging for cybercriminals to access the data and extract valuable information.
2. User authentication
Additionally, SAP Business One uses advanced user authentication and verification to allow entry only for authorized users. For instance, it has implemented multi factor authentication (MFA), where users have to go through multiple steps during the login process:
- User credentials followed by
- Unique code that is accessible only from the user’s device.
Additional methods for user authentication include:
- The use of a strong password for each user
- Access control and permissions based on each user’s role
3. Data compliance
Across data-dependent industries, there’s a growing need for data compliance and privacy. Here’s how SAP Business One simplifies data compliance:
- In-built data compliance through customizable data fields and reports
- Real-time reporting and documentation that companies can generate during compliance audits
- Global presence makes it easier for companies to adhere to industry and geographical regulations.
4. Detailed audit trails
Audit trails in any system enable companies to enforce security measures. On its part, SAP Business One maintains the audit trail that specifies:
- Which users have accessed a particular data record?
- What changes have they made to the data record?
This enables companies to determine if there has been any unauthorized data access and to enforce security-related restrictions.
5. Regular software updates
Outdated applications are more prone to cyberattacks as hackers exploit a security vulnerability. This is equally true for SAP Business One. The SAP B1 development team fixes these security issues through regular updates and security patches and releases the latest ERP version to its users. Regular updates ensure that SAP B1 is in sync with the latest ERP security protocols.
6. Data backup
Despite the best security features, hackers can still compromise ERP solutions and “steal” valuable data. To counter this threat, SAP Business One offers quick backup and recovery functionality, using which companies can regularly take a backup (or copy) of their data. This ensures that even if data is lost due to a sudden breach, it can be restored quickly.
In addition to these features, companies can follow SAP B1 security best practices to safeguard their data. Here are some of its best practices:
1. Enforce strong passwords
As part of any user credential, enforce the following password policies:
- Passwords must be at least 8-9 characters in length.
- It must have a combination of upper-case and lower-case alphabets – along with numbers and special characters.
- Make sure passwords are changed at least once every 90 days.
2. Apply software updates.
Another best practice is to apply the latest SAP B1 security update or patch whenever available for downloads.
3. Train the employees.
Regular employee training on cybersecurity measures is necessary to avoid human errors and risks. A well-trained workforce is the best defense against a host of online threats like:
- Data breaches
- Phishing emails
4. Implement security audits.
With SAP B1, users can be trained to implement security audits in the form of:
- Reviewing their code for any vulnerabilities or weaknesses.
- Simulating real-world attacks to test the ERP’s security measures.
Conclusion – How secure is SAP Business One?
To summarize, SAP Business One can not only integrate your business processes – but also strengthen your data security. In this blog, we have looked at the SAP B1 security features and best practices.
As an industry-recognized partner for SAP B1, Praxis Info Solutions can help secure your ERP deployment. With over 13 years of experience and 120 satisfied, Praxis is among the leading SAP implementation partners across industry domains.
With Praxis, you are assured of an affordable one-time SAP Business One licencing cost – and an annual maintenance contract to regularly upgrade your ERP solution.
Are you looking to secure your SAP installation? Contact us today.