Companies large and small are jumping on the cloud bandwagon and moving some, if not all, of their computing services online. Analyst firm Forrester projects the cloud computing market to grow from $91 billion in 2015 to $191 billion by 2020. But is the cloud (or hosted environments) truly ready for prime time? That's a question that keeps many IT professionals awake at night.
It's also a question many small and mid-sized companies are going to need to wrestle with as they find their needs for data outgrowing their current accounting software. The temptations to consider a cloud-based SaaS (Software as a Service) ERP program are strong. Cloud-based services are advertised as extremely secure, but can you be sure?
Several high-profile security breaches, including Anthem, Evernote and LastPass can leave companies understandably concerned. According to InfoWorld article, The Dirty Dozen: Top Security Threats in Cloud Services, which is reporting on the Cloud Security Alliance’s 2016 Top Threats Report, there are many things to keep in mind in regard to Cloud ERP security risks:
Cloud-based services are bound to grow, and their purveyors are going to promise that security will grow with them. But you must decide if that risk of early cloud adoption is worth it for your company. If you have questions about cloud-based ERP and other methods of securing your network solutions, contact Parallel Solutions at (440) 498-9920 to learn about the risks and rewards of various options.
Mary Jo O'Neill