SAP Cybersecurity for the Financial Services Industry
The SAP-Endorsed Platform for Protecting Mission-Critical Financial Applications
Financial institutions run on SAP. From core banking and treasury management to regulatory reporting, these applications are the engine of your operations and the vault for your most sensitive data. Onapsis provides the comprehensive security platform financial services organizations need to protect these business-critical applications from cyber threats, ensure regulatory compliance, and enable secure digital transformation.
Mariano Nunez, Co-founder and CEO of Onapsis, explains why in this video:
The Trusted ERP Security Partner for Global Finance
Securing nearly 30% of the global Forbes 100
As the only SAP-endorsed cybersecurity and compliance solution, Onapsis is purpose-built for the unique challenges of the financial services industry. We provide deep threat intelligence from the Onapsis Research Labs focused on attackers targeting financial data, while our platform gives you unparalleled visibility and control over risks to your core banking and treasury systems. This enables you to satisfy auditors, meet complex regulations like SOX, and protect the critical applications that safeguard customer assets and power your institution.
Key SAP Security Challenges in Financial Services
Before partnering with Onapsis, our financial services clients struggled with:
Ensuring Uptime of Critical Financial Systems
Maintaining business continuity and preventing downtime of essential SAP applications that manage core banking, transactions, and financial closing processes.
Meeting Strict Regulatory and Compliance Demands
Navigating the complex landscape of financial regulations and satisfying auditors that require proof of compliance for regulations like SOX and GDPR across SAP systems. This includes managing segregation of duties (SoD) conflicts and other access risks.
Securing Digital Transformation Projects
Protecting accelerated digital transformation initiatives, like a move to S/4HANA or the cloud, from cyber threats without delaying project timelines or introducing new risks to financial data.
Gaining Visibility into Application Risk
Lacking a unified view of the attack surface across a complex, customized SAP landscape, making it difficult to identify and prioritize the most critical vulnerabilities in the application layer.
End-to-End Data Protection
Securing data across many disparate systems.
Bridge Cybersecurity Gaps
Cybersecurity staffing shortages and lack of experience with systems that support R&D and digital supply chains.
Secure Your Operations and Drive Growth with Onapsis
By partnering with Onapsis, financial institutions shift from a reactive security posture to a proactive strategy that enables business growth. We help you build a security framework that is continuous, integrated, and aligned with your strategic goals.
Achieve Continuous, Audit-Ready Compliance
Move beyond stressful, manual audit cycles. Onapsis helps you automate the testing of IT controls within your SAP systems, providing your teams and auditors with on-demand evidence. This ensures you’re always prepared to demonstrate compliance with key financial regulations, powered by a robust SAP Governance, Risk, and Compliance (GRC) framework.
Enable Secure Financial Innovation
Don’t let security slow down your move to RISE or S/4HANA. We help you secure every stage of your digital transformation, from assessing custom code to monitoring your new cloud environment. By embedding security into your projects, you can innovate faster, reduce project risk, and protect sensitive financial data throughout your modernization journey.
Empower Your SOC with Deeper Visibility
Your SAP systems are a frequent blind spot for traditional security tools. Onapsis bridges this gap by feeding deep, application-level threat intelligence directly into your SIEM and SOC workflows. This enriches your team’s view of the threat landscape, enabling faster enterprise threat detection and more effective response to incidents targeting your core financial platforms.
Prioritize Risk Based on Business Impact
Stop wasting time on low-impact vulnerabilities. Onapsis provides the business context needed to translate technical findings into quantifiable financial and operational risk. This allows your security and IT teams to prioritize remediation efforts on the threats that truly matter to your core processes like treasury, payments, and financial close, optimizing resources and demonstrating a clear return on your security investment to business leaders.
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Achieve Total SAP Security
As the only cybersecurity and compliance solution endorsed by SAP, the Onapsis Platform delivers the protection financial institutions trust for their core financial and treasury applications. Powered by the pioneering research of the Onapsis Research Labs, our platform provides unified vulnerability management to shield sensitive financial data, real-time threat detection to defend against attacks targeting your banking systems, and automated compliance to help you continuously meet stringent regulations like SOX. It’s all designed to integrate seamlessly with your existing SOC, enriching your SIEM and other security tools with critical SAP context.
Risk-Based SAP Vulnerability Management
Go beyond basic scanning to effectively manage risk across your SAP landscape. Onapsis discovers and prioritizes the most critical vulnerabilities in your applications, providing risk-based context so your teams can focus on fixing what matters most to the business.
Proactive SAP Threat Detection and Response
Identify and respond to threats targeting your SAP applications before they cause business disruption. Powered by intelligence from Onapsis Research Labs, our platform provides continuous monitoring and pre-patch protection against the latest SAP exploits.
Secure Your End-to-End Cloud Transformation
Ensure your business-critical applications are secure before, during, and after your move to the cloud. Onapsis helps you assess and remediate risks pre-migration and provides continuous monitoring post-migration to maintain a strong security and compliance posture.
Securely Accelerate Your SAP S/4HANA Transformation
Move to SAP S/4HANA with confidence. The Onapsis Platform helps you secure every phase of your transformation by identifying vulnerabilities, monitoring for threats, and testing custom code before you go-live. Secure your project timeline and protect your investment from day one.
Secure Your Transformation with RISE with SAP
Adopt RISE with SAP confidently by mastering your side of the shared responsibility model. Onapsis provides the critical visibility and control you need to secure your applications and data in the cloud, ensuring your transformation is both fast and secure.
Automate and Maintain Continuous Compliance
Streamline audit preparation and stay compliant with regulations like SOX and GDPR. Onapsis automates IT controls testing for your SAP systems, providing accurate, audit-ready evidence on demand. Reduce manual effort, eliminate surprises, and ensure you’re always prepared.
Accelerate SAP Incident Detection and Response
When a threat targets your critical SAP systems, every second counts. Onapsis provides real-time threat detection and deep application context, integrating seamlessly with your SIEM to help your SOC team respond faster, reduce business impact, and accelerate remediation.
Integrate Security into Your SAP DevSecOps
Embed security directly into your SAP development lifecycle. Onapsis helps you “shift left” by automatically scanning custom code and transports for vulnerabilities, enabling your development teams to build securely without slowing down innovation.
Meet NIS2 Compliance for Your SAP Systems
Address NIS2 requirements for your critical SAP infrastructure. Onapsis helps you conduct comprehensive risk assessments, manage vulnerabilities, and monitor for threats, providing the visibility and control needed to demonstrate compliance and secure your essential operations.
Lack of visibility into your ERP applications is no longer an option.
Let us show you how simple it can be to protect your organization’s most critical applications.
Further Reading
Securing ERP systems in the pharmaceutical industry is more than data protection; it’s about ensuring compliance with stringent regulations. Discover more about our approach and how our specialized cybersecurity solutions keep you protected in our Resource Center.
Solution Briefs
ERP Security for Pharmaceuticals
For pharmaceutical companies, the impact of a successful cyber attack on their critical ERP, production and supply chain, or patient portals could be devastating.
Case Studies
Onapsis Case Study: Biotechnology Company
Leading Biotechnology Company Uses Onapsis To Protect Business Critical SAP Application.
Explore Our Financial Services Security Resources
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Cloud Security Alliance
Onapsis Appoints Denis Cashman as Chief Financial Officer
Former EMC and Affirmed Networks CFO Brings Proven Financial Leadership and Experience Scaling Publicly-Traded and Growth-Stage Global Technology Companies BOSTON – January 13, 2022 – Onapsis, the leader in business-critical application cybersecurity and compliance, today announced the appointment of Denis Cashman as Chief Financial Officer. In his role, Cashman will oversee the global finance and operations organization, ensuring Onapsis…
Internal Control Over Financial Reporting (ICFR)
An unauthenticated attack targeting a misconfiguration or vulnerability in your mission-critical applications could let hackers manipulate underlying financial data without touching financial applications or leaving an audit trail, violating ICFR and SOX.