Cybercrime Projected to Reach $2 Trillion by 2019
According to a recent study from Juniper Research, the worldwide cost of data breaches will exceed $2 trillion by 2019. This is equivalent to 2.2% of forecast global GDP and represents a four-fold increase upon data breach costs in 2015. The average cost of data breaches will also increase to $150 million or 25 times […]
Three Reasons You Should Budget for SAP Breach Costs
The average cost of a data breach has now surpassed $4 million. This is according to the latest study from the Ponemon Institute issued earlier this month. The study surveyed 383 organizations in 12 countries. It revealed that not only are data breach costs increasingly across the board, the probability that organizations will suffer a breach […]
Security in SAP HANA
SAP HANA is now deployed by over 7,500 organizations worldwide. While this represents only a fraction of the 300,000 companies that use SAP software globally, adoption is growing rapidly, doubling in 2015 alone. As expected, the introduction of SAP Business Suite 4 SAP HANA (S/4HANA) has accelerated this growth by widening the use-case for SAP […]
US-CERT Issues Alert for SAP Invoker Servlet Vulnerability
US-CERT published an alert yesterday to warn SAP customers of the dangers posed by the invoker servlet vulnerability in AS Java systems. According to the alert, there is evidence to suggest that SAP systems at 36 organizations have been exploited by the vulnerability. The organizations are based in the United States, United Kingdom, Germany, China, […]
How to Visualize Cyber Security Risks in Your Systems with SAP Lumira
SAP Lumira can be used to access, visualize and explore data of any size from virtually any source. It enables users to build and share powerful interactive data visualizations using a simple user-friendly interface. Since Lumira can acquire data and enable users to create customized reports through self-service, it removes the need for programming, scripting […]
How to Block RFC Callback Attacks in Your SAP Systems
Callback attacks exploit weaknesses in RFC security to execute function modules in calling systems. The impact of such attacks can be severe, ranging from the creation of dialog users with system-wide privileges to modifying or extracting sensitive data. This can occur if client systems execute malicious code within the function modules of connected systems. In […]
Survey Reveals 65 percent of SAP Platforms Were Breached Between 2014-15
Earlier this week, the Ponemon Institute released the results of the most comprehensive study performed to date on the state of SAP cybersecurity. The Institute is widely known for the annual Cost of Data Breach report that trends average data breach costs across major countries. However, it also performs a variety of other studies related […]
Cybersecurity Targets in China’s New Five Year Plan
The details of China’s latest five year plan covering the period between 2016-2020 are expected to be released next month but early indications suggest it will focus upon reducing China’s reliance on foreign technology. Intelligence agencies and security researchers contend there is a strong correlation between industries targeted for growth by China and industries that suffer data […]
What’s New in the SAP Cybersecurity Framework 3.0
Released earlier this month, the third version of the SAP Cybersecurity Framework includes important changes in the areas of transport layer security, logging and monitoring, and vulnerability management. It also discusses the most significant hack against SAP systems to date: the devastating data breach suffered by U.S Investigation Services (USIS). USIS performed background checks on […]
Are your System Users Vulnerable to SAP Hacks?
One of the most telling statistics revealed at BlackHat USA earlier this year was the fact that 84 percent of InfoSec professionals regard unmanaged privileged credentials as the biggest cyber security vulnerability within their organizations. For SAP environments, the dangers posed by abusing user accounts with privileged access are well-known and can include shutting down SAP […]