Picture 1
Embark on a Journey of Growth and Innovation and secure customers Businesses Now and Tomorrow with SAP Enterprise Threat Detection, cloud edition.
At a time when threats are constantly evolving, SAP Enterprise Threat Detection, cloud edition is a robust solution. We are pleased to announce our expansion journey and officially invite like-minded partners. Be part of our journey of progressive growth and innovation and take advantage of this exciting opportunity. Let's secure the digital landscape together and foster an environment that is not only secure but also conducive to innovation.
Picture 2
Current State of application security & corporate compliance
The need for robust cybersecurity measures has been amplified by our increasingly digital economy. Statistics reveal that 81% of data breaches result from lost, stolen, or weak passwords, of which three-quarters are instigated by outsiders. Alarmingly, a quarter of these breaches are carried out from within the organizations showing that cybersecurity threats do not solely exist externally but also pose a significant internal risk that demands attention.
Increasing Importance of Cybersecurity
Organizations now readily recognize the relevancy of their cybersecurity posture, with 64% rating it as either important or very important. These businesses understand the integral link between a robust cybersecurity framework and reduced risk of data breaches for all involved - employees, customers, and partners. As many as 65% of the organizations acknowledge this correlation in our intensively digitized business world, where data security is of paramount significance.
The Talent Gap
However, a considerable challenge remains - the acute scarcity of security talent in the industry. A staggering 87% of organizations are struggling with a shortage of cybersecurity specialists. As a result, the number of global cybersecurity job vacancies has drastically increased by an impressive 350%, from 1 million in 2013 to an anticipated 3.5 million in 2021. With the increasing proliferation, sophistication, and scale of cybercrimes, this glaring lack of qualified talent creates a significant hurdle for businesses globally.
Cost of Cybercrime
From a broader perspective, the extraction of an alarming $6 trillion annually from the global economy due to cybercrime reinforces the severity and urgency of reinforcing cybersecurity measures. It is worrying to find that only a mere 38% of organizations can proactively spot risks before they develop into serious threats.
Picture 3
Cybersecurity as a Business Risk
Cybersecurity, once considered a specialized branch and an IT domain challenge, has escalated to command serious attention at executive levels within organizations. Recent data show that a substantial 88% of board members view cybersecurity as a critical business risk, marking a significant shift from 2016 figures - when only 58% shared the same view. This shift signifies a growing seriousness about cyber threats and their potential to impact businesses at large.
Security and Compliance
Importantly, it must be noted that organizations cannot be compliant without establishing thorough security measures. Compliance to industry standards and regulatory requirements, while providing a guide, cannot alone ensure security. It is insufficient to just adhere to compliance checklists. The rising surge in cybersecurity threats calls for more elaborate and dynamic security protocols, which go well beyond basic compliance frameworks.
The Impact of Security Inadequacies
Failures in the security domain can render organizations susceptible to cyber-attacks, breaches, and violations, inevitably affecting compliance outcomes. These cyber risks disrupt business processes, putting at risk confidential and sensitive information and thus impacting overall compliance with industry standards. Hence, it is fundamental for an organization to incorporate security measures not merely for compliance, but to safeguard vital assets, secure data, uphold reputation and provide assurance to stakeholders.
Picture 4
Embedding Security into Organizational Fabric
Therefore, if compliance is the goal, weaving security into the very fabric of an organization is essential. This necessitates transforming approaches to view cybersecurity as an inherent part of the business strategy, thus amplifying overall compliance and resilience to cybersecurity threats.
Picture 5
Benefits of leveraging SAP Enterprise Threat Detection
SAP Enterprise Threat Detection (ETD), cloud edition, is a cutting-edge SAP Business Technology Platform Software-as-a-Service (SaaS) solution. Moreover, it incorporates managed services from SAP or one of our specialized partners, dedicated to identifying, analyzing, and reporting malicious activities in your SAP applications before they can inflict serious damage.
Along with presenting a detailed audit trail of all activity and detecting anomalies, ETD provides best practice advice for monitoring SAP applications. It also aids companies in complying with onerous regulatory requirements such as those outlined in the EU's NIS2 directive, the RCE, KRITIS, General Data Protection Regulation (GDPR), as well as various local security laws.
Picture 6
The Power of Partnership
As we, at SAP, expand our product and service horizons, we're inviting partners to join us on our journey of growth and innovation. We fervently believe that by synergizing our individual proficiencies and skills, we can significantly advance the way we serve our clients and deliver unparalleled value, not just to our direct customers, but to partners' customers as well.
By partnering with SAP, you as partner receive multi-fold strategic benefits. To start with, you can take advantage of our advanced cybersecurity solution which will instantly enable you to augment your service propositions and boost client confidence. With this service, your customers will benefit profoundly as it offers more than just data protection. It equips them with strengthened security measures, significantly reducing their threat to potential breaches. Plus, it delivers an invaluable sense of tranquility, knowing that their data is safeguarded. This secure atmosphere fosters trust and confidence, allowing your customers to focus on growing their businesses, rather than worrying about data security. Moreover, it elevates their experience with your partnership, reinforcing your reputation as a reliable, secure provider.
On top of this, leveraging SAP's extensive global network, you can amplify your reach in the market, acquire access to untapped industry sectors and widen your customer base. The sheer magnitude of our network ensures that associating with us instantly lends an additional layer of trust and reassurance to your customers, thereby bolstering their already existing confidence in your services.
Picture 7
Exploring New Opportunities
But that's not all! Your engagement with SAP Enterprise Threat Detection, cloud edition equips you with the resources to create unique security services and solution offerings tailor-made to address your customers requirements and objectives. This could take the form of customized managed security services, expert compliance and security consulting, or portfolio optimization. It opens up the gateway to innovative security opportunities, empowering you to stay abreast of competition and offer forward-looking, cutting-edge solutions to your customers.
Getting in Touch & Moving Forward
To explore potential collaboration, receive more information, or simply discuss synergies, feel free to reach out to Tobias Keller or Arndt Lingscheid.
Our doors (and inboxes) are always open to engaging discussions on combating cybersecurity threats together.
Explore our SAP Enterprise Threat Detection Partner Portal to delve deeper into our product and partnership framework.
We, at SAP, wholeheartedly invite all entities who are serious in their quest to enhance their cybersecurity strategies. Together, we can augment our defenses against the incessant tide of cyber threats and build a safer, resilient digital economy. Let's rise to the challenge, together.
- SAP Managed Tags:
