The Real Cost of SAP Cybersecurity Breaches
Meet the Authors
Key Takeaways
⇨ SAP systems, which often house sensitive information for organizations, are prime targets for cyberattacks. The loss of information from cybercrime, particularly affecting SAP systems, accounts for 43% of total cybercrime costs.
⇨ To effectively combat cyber threats, businesses must implement robust security measures for both their operating systems and SAP applications.
⇨ Standard OS-layer cybersecurity solutions alone are insufficient for protecting SAP applications. Organizations need to employ specialized anti-malware solutions, such as those leveraging SAP’s Virus Scan Interface (VSI), to ensure comprehensive protection against cyberattacks.
As we experience large changes in the enterprise technology landscape, we also experience rising cybersecurity breaches in the form of malware and ransomware attacks. It is estimated that total economic cost of cybercrimes is $6 trillion per year. This enormous figure considers the cost of detecting, investigating, recovering and managing the incident response as well…