Risk Management and Risk Mitigation in SAP Systems Using SAGESSE TECH Solutions

Anything that could potentially lead to a negative outcome in any aspect of the business presents a risk. The risks that come from within are due to operational, procedural, or technical weaknesses. Still others are due to external threats such as cybersecurity attacks and fraud.

Technology plays a vital role in the early detection of risk – but enterprise risk management requires more than technology. The organization’s values, processes, and commitment are vital to the way that it manages risk.

Business risks fall into five basic categories, all or any of which an organization’s Enterprise Risk Management and GRC strategies must be prepared to anticipate, mitigate, and, most importantly, prevent.

• Performance or operational risk has the broadest set of boundaries and the greatest potential variety. It comes from failures (accidental or intentional) across the structure, systems, people, products, or processes involved in any aspect of business operations.
• Compliance risk results from violations of laws, regulations, codes of conduct, or established standards of practice within an industry or organization

Usage of SAGESSE TECH SAP Penetration Test Service, SAP Threat Detection Solution and SAP Automated Audit Solution( SAP AUDITX ) help companies to comply with regulations like NIS2, GDPR, DORA and ISO 27001.

• IT risk arises from the failure or misuse of IT, leading to loss or negative business outcomes. This can range from accidental IT failures to intentional fraud, hacking, or cyberattacks.

SAGESSE SAP Threat Detection Solution can detect any hacking attempts or cyberattacks on SAP Systems in real time and display alerts in integrated SIEM Platforms( e.g. SPLUNK, IBM QRadar, Wazuh, SureLog ). SAP AUDITX is a real time fraud detection and automated internal audit tool which runs on SAP Systems.

• Reputational risk can result from failures in any of the above four categories that lead to a weakened public perception of the business. Reputational risk offers less of a quantifiable loss but, nonetheless, is one of the most potentially destructive to any company or brand

If your SAP Systems are hacked or sensitive data is downloaded by hackers, the cost will be business disruption and loss of reputation in market. SAGESSE TECH Solutions safeguard your SAP Implementations in all layers. Database Layer, Application Layer and Business Process Layer of your SAP Systems are monitored and secured by SAGESSE TECH Solutions.

SAGESSE TECH, global SAP Security / Oracle Security / ERP Security Tech Company, is providing SAP Threat Detection and Monitoring Products, SAP PenTest Framework and an SAP Audit Service which control these kinds of configurations, vulnerabilities and much more in your SAP Systems. Their products and services can help you to integrate your SAP System into your central threat detection solutions and foster your NIS2, DORA or ISO 27001 Compliance.

Additionally, you can contact SAGESSE TECH(E-mail : info@sagesseconsultancy.com or kaankars@sagesseconsultancy.com ), if you would like to have a Vulnerability Scanning, SAP Audit or SAP PenTest on your SAP Systems.