Today’s top cloud ERP systems provide a suite of security tools comparable to any on-premises system, and many actually offer some additional advantages that on-premises systems sometimes don’t:
- Simultaneous, automatic, system-wide updates that fix security flaws without users having to take any additional steps
- Multiple redundant layers of failsafes and backups
- Systems protected by a team of dedicated cloud security professionals
What’s more, keeping pace with the current state of technology is an important component of maintaining a secure system. While it’s true that some organizations do still employ on-premises legacy ERP systems, these systems will become increasingly obsolete.
The caveat on this point is that cloud systems put more security responsibility on the shoulders of employees. Since a cloud-based system gives many employees access to ERP data anytime and anywhere, the responsibility falls upon these employees to avoid potential security risks such as exposing data on unsecured public Wi-Fi networks. These dangers can, of course, be mitigated with proper training, but businesses should be aware of them when transitioning to cloud-based ERP.
For businesses that want an extra layer of assurance, employing a third-party security consultant to evaluate a cloud provider’s security measures can be a good investment. Security consulting can also give businesses insight about how to implement best practices for data protection in their training procedures.