Report details as follows:
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As businesses continue to digitalise, the importance of securing business-critical applications has become paramount. However, according to recent reports, many organisations still view securing these applications as a low priority.
One area of concern remains unpatched SAP installations with vulnerabilities. Attackers are known to target these unsecured installations, not foreign IT environments, through traditional means rather than the use of AI. The situation of unpatched SAP installations with vulnerabilities is unlikely to change by 2025, making it a continued concern for organisations.
Another issue is the increasing number of vulnerabilities in SAP and Oracle systems. While the number of vulnerabilities has decreased in 2022, according to the current CISA report on the most exploited vulnerabilities, the presence of these vulnerabilities still poses a significant risk.
In the current year, AI played no significant role in the activities of attackers. However, the focus should be on migration by 2025, with adequate, cross-functional planning and execution. Companies still using legacy systems should modernise their applications early to remain competitive and adapt to the demands of an increasingly digital world.
The rush to transition to the cloud can result in vulnerabilities left in the code or data being transferred. Delays in cloud migration lead to security incidents in many companies, increasing their vulnerability to cyber threats. To minimise risks, companies should invest in comprehensive cloud migration strategies, ensure regulatory compliance, integrate AI for enhanced data management, and adopt security best practices to meet growing digitalization and cyber risk demands.
Large enterprises in sectors like finance, healthcare, and chemicals are particularly vulnerable to operational disruptions, increased cyber threats, and compliance issues when migrating critical business data to the cloud.
ERP systems are a popular target for cyber attacks in modern businesses. Threat actors breach a company's systems and target the most valuable information stored in business-critical applications like SAP. By 2025, the focus should be on securing these systems, and Paul Laudanski, Director of Security Research at Onapsis, will provide an overview of ERP security trends.
The misuse of deepfakes is a genuine and legitimate concern about new technology, but business-critical applications should not be affected by this threat.
In conclusion, leaders must assess the importance they place on cybersecurity and how they can best combat threats in their 2025 business goals. Organisations that prioritise the security of their business-critical applications will be better positioned to protect their valuable data and maintain the trust of their customers and stakeholders.
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