The Onapsis Security Blog

The world of business-critical application security and compliance is dynamic, with new developments happening on a continuous basis. Read our blog posts for recommendations, insights and observations on the latest news for safeguarding your SAP® and Oracle® applications.

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Cyber Weakness and the Impact on the Economy

In 2001, we witnessed two major corporations, Enron and WorldCom, going bankrupt because executive management was egregiously manipulating financial statements. The impact on the U.S. economy was massively detrimental. As a result, the U.S. Security and Exchange Commission (SEC) drafted the Sarbanes-Oxley Act of 2002 (SOX) to protect against such fraudulent activities. However, it took years for the economy to recover.

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Examine the operational risk and cybersecurity posture of your business-critical applications to determine the potential impact of sub-optimal application performance, unplanned downtime and an attack on your organization’s ERP platforms.

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