Highlights of July's SAP Security Notes analysis include:
Have you ever gotten a puzzled look from friends/family when you tell them you help secure ERP systems? I know, that’s as esoteric as it gets, even in the cybersecurity world, and yet the topic is of great importance, as many organizations rely heavily on business-critical applications to operate successfully.
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.