Cybersecurity & Data Privacy with SAP Commerce Cloud
Cybercrime is the greatest risk that companies face in the present day. The cyber security risks are increasing tremendously with time and organizations are seeking protection against them.
According to a report by Gartner, “Worldwide spending on cybersecurity is going to reach $133.7 billion in 2022.” These forecasts are pushing companies towards potential securities to avoid data loss, malfunctions, and threats.
According to the University of Maryland, “Hackers attack every 39 seconds, on an average 2244 times a day.” It is a challenge to the company information and customer data intact without any external interference that could occur in a loop.
Threats of Cybercrime
- Data loss and data breach
- Compromised credentials
- Application vulnerabilities
- Service attacks
- Hacked interfaces and insecure APIs
Impacts of Cybercrime
The economic impact
- Theft of organizational information, intellectual assets, and customer data
- Interruption of business or commercial activities
- Investment in repair costs for damaged systems.
- The reputational impact on organizations
- Loss of customer trust
- Negative media coverage
- Fines and sanctions due to data breach laws and GDPR.
What SAP offers?
- The dedicated CX trust office – provided as a part of Customer Experience Management.
- SAP Cyber Defense Center – An innovation source to implement new cyber defense capabilities.
- BS 10012 certification – Designed to implement policies and controls for GDPR compliances.
Security in SAP Commerce Cloud
The commerce solutions architecture involves application & network sandboxing, customer & network segregation, secure communication, secure application software, data encryption at rest and at transit.
Operational Security Management
If the damage strikes, the Commerce Cloud solution offers a recovery procedure through administrative user access, change management, malware management, and security patch management.
Security Services & Service Resilience
The security services for the commerce cloud include SAP Identity Authentication and SAP Identity Provisioning. Service resilience includes corporate continuity, IT service continuity management, and cloud continuity for data loss and data breaches.
The incident, Threat, and Vulnerability Management
The security infrastructure for commerce solutions includes vulnerability scanning, external penetration testing, intrusion detection, and continuous threat monitoring.
Data Governance & Legal Compliance
Legal compliance certifications for SAP Commerce Cloud include Data Protection Management System and Confidentiality & privacy statement for all SAP vendors & service providers.
Compliance under SAP Commerce Cloud
SAP follows the international standards of managing information and data and is compliant with legal requirements when it comes to processing personal data.
The business continuity of SAP Commerce Cloud is faster with Disaster Recovery Service Stores that restores the lost database from a geo-replicated backup. The maximum period in which the data might be lost from the entire service is 1 hour and the maximum time for the recovery of the same is 24 hours.
SAP commerce solution is a secured cloud model with multiple layers of a defense system that provides a holistic approach through prevention, detection, and reaction towards any cyber threats. The ultimate security goal for the commerce cloud is the privacy framework that is applicable for all regulations with independent audits and service organization control reports certifications.
Reach out to us for more information on SAP solutions – SAP Commerce Cloud and SAP BRIM.