Palo Alto, CA, September 27, 2017 --(PR.com
)-- ERPScan, a leading provider of SAP and Oracle application cybersecurity solutions and services, today announced that it has been identified as a representative vendor in the Gartner “Market Guide for SOD Controls Monitoring Tools”(1) report for its ERPScan Security Monitoring Suite for SAP and PeopleSoft.
SOD controls monitoring solutions provide companies with capabilities to detect, analyze and manage threats role-based authorization models may pose. SOD products are a critical aspect of enterprise cybersecurity as they prevent internal malefactors by detecting SOD conflicts and access policy violations in business-critical applications. The report states that “by 2020, more than 60% of organizations will make use of commercialized products or services to implement SOD control monitoring for complex business applications in addition to ERP.”
Postmodern ERP systems from some vendors have complex authorization models, which is a challenging task for traditional SOD solutions.
Segregation of Duties is the most developed and important part of overall SAP Security strategy. We are proud to be listed in the report as a representative vendor in this realm. We are also the only software provider among pure-play SOD vendors that covers vulnerability Management and Code security together with SoD. Such approach guarantees our customers a 360-degree view on SAP Cybersecurity. - Alexander Polyakov, CTO at ERPScan.
According to Gartner, “Overall, the market for SOD controls monitoring within ERP and financial applications have continued to grow at a compound annual growth rate (CAGR) of more than 20% during the last five years. It is estimated that the market will cross the $850 million mark in total software and service revenue by the end of 2017, representing an annual revenue growth of 21% over last year.”
SOD controls are of indisputable importance, but they are not the only measure to minimize the attack surface and halt malefactors before they breach your company’s SAP system. Join the “How to prevent SAP security incidents?” webinar and learn other required initiatives.
(1) Gartner, Inc. “Market Guide for SOD Controls Monitoring Tools” by Anmol Singh, Brian Iverson, August 28, 2017
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ERPScan is the most respected and credible Business Application Cybersecurity provider. Founded in 2010, the company operates globally and enables large Oil and Gas, Financial, Retail, and other organizations to secure their mission-critical processes. Named an ‘Emerging Vendor’ in Security by CRN, listed among “TOP 100 SAP Solution providers” and distinguished by 30+ other awards, ERPScan is the leading SAP SE partner in discovering and resolving security vulnerabilities. ERPScan consultants work with SAP SE in Walldorf to assist in improving the security of their latest solutions.
ERPScan’s primary mission is to close the gap between technical and business security and provide solutions for CISOs to evaluate and secure SAP and Oracle ERP systems and business-critical applications from both, cyberattacks and internal fraud. Our clients are large enterprises, Fortune 2000 companies and managed service providers whose requirements are to monitor and manage security of vast SAP and Oracle landscapes on a global scale.
We function in two hubs, located in Palo Alto and Amsterdam to provide threat intelligence services, agile support and operate local offices and partner network spanning 20+ countries.