This year has seen governments advising businesses to ensure that any software used is up-to-date and using Multi Factor Authentication when logging in to these systems. The UK National Cyber Security Centre has published an article in April 2022 https://www.ncsc.gov.uk/news/uk-joins-international-partners-to-issue-advice-on-latest-russian-cyber-threat- that specifically states:
Several immediate actions for all organisations to take to protect their networks are set out in the advisory, which include:
prioritising the patching of known exploited vulnerabilities
enforcing multi-factor authentication (MFA)
monitoring remote desktop protocol (RDP) and
providing end-user awareness and training
Therefore, we highly recommend as a technology partner, providing services for critical business systems, that you look at all of these factors which could compromise your accounting system and allow you to make an informed decision for your business.
The priority should be for businesses to bring their accounting software up to a supported version, that ensures that any patches or security updates from Sage, Microsoft or SAP are applied and keep your systems safe. We are fast approaching a watershed in the software industry where old software will not work under the new tighter security system. You may have already seen this with web browsers. This is now spilling over into general line-of business software and preventing some systems from running. There will be no way to make the old software run with later security in place.
Another thing to bear in mind and something that Oakuity Ltd have been investigating is the best of breed MFA solutions in the market and we as a business can offer this service for any system on your network for as little as £7.00 per user per month. This is not just for your Sage 300 servers, but for any server on your network.
If your company already has Cyber Insurance in place, it is likely you will not be covered if your systems are out of date and unsupported.
The team at Oakuity are experts in finding solutions for their clients, whatever their business requirements. If you are considering replacing your current ERP system but ned some guidance in what the best fit for you and your business could be, talk to them today on +44(0)1268 724005, or drop us an email at email@example.com. One of our consultants will be in touch as soon as possible.