Ensuring the Safeguard and Authenticity of Financial Records
In the rapidly evolving landscape of cybersecurity, one company stands out for its dedication to protecting business-critical applications, particularly SAP systems. Onapsis, a leading cybersecurity firm, is at the forefront of safeguarding companies from potential threats, working closely with SAP to fix vulnerabilities.
The importance of secure systems and accurate data cannot be overstated, especially for publicly traded companies. With secure systems, these companies can report their financial data both promptly and accurately, fostering transparency and trust among the board, investors, shareholders, employees, and the public.
The primary objective of the Sarbanes-Oxley Act (SOX) and the requirement of Internal Control over Financial Reporting (ICFR) is to ensure the security and integrity of financial data in publicly traded companies. By adhering to these regulations, companies can build trust and maintain a strong reputation, which is crucial for the smooth functioning of the global economy.
Onapsis, under the guidance of cybersecurity expert Paul Laudanski, a member of the Onapsis Research Labs team, focuses on finding vulnerabilities in business-critical applications. With over twenty years of experience in threat research, technology, and counterespionage, Laudanski leads the charge in ensuring the security of SAP landscapes.
Onapsis' platform is designed to recognise and protect SAP landscapes, often before the SAP Patch Day, and always on the Patch Day itself. This proactive approach to security helps companies stay one step ahead of potential threats, providing a much-needed layer of protection.
Moreover, Onapsis offers black-box penetration tests of SAP landscapes, simulating real-world attacks to identify vulnerabilities and suggest remediation strategies. This comprehensive approach has contributed to the remediation of over 1,000 zero-day vulnerabilities in SAP and Oracle applications.
In a world where nation-state drones are increasingly being used for cyber or physical attacks, the work of Onapsis becomes even more important. Known operators include Iranian-supported Huthi rebels, Russian military drones involved in Ukraine, and other state actors investing heavily in drone warfare and cyber capabilities. By securing SAP landscapes, Onapsis helps protect companies from these potential threats, ensuring the transparency and trust that are essential for the global economy.
In the end, trust is what keeps the global economy going, and Onapsis is committed to helping build and maintain that trust by ensuring the security and accuracy of financial data.
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