Data Security Considerations when Implementing QAD ERP in the Life Sciences Industry

Posted on: February 3, 2020 | By: Jillian Hampston | QAD Business Process

Two decades ago, when cloud-based ERP solutions were introduced, companies viewed hosted systems as the panacea for cyber security. This is not the case as 90% of data breaches are the direct result of human error.  Internal business processes are still key to protecting against data breaches. Manufacturers/distributors who have faced a reportable data loss suffer both public relations damage as well as financial repercussions, as the average cost to remediate stolen or compromised data is $141 per record. Fines can be a meaningful percentage of a company’s total revenue!

As we continue to advance in a digital society, manufacturers and software providers alike are becoming more aware of various security threat types, specifically threats that endanger the medical device and pharmaceutical industries that are reliant on production, distribution, and in some cases, personal data. Not only are security considerations needed before implementing an ERP system like QAD, but data security issues need to be thought of as on-going concerns as regulating bodies all over the world are drafting new, more stringent data protection requirements for Life Sciences manufacturers. QAD’s EE release is ready for this challenge!

To read more on data security considerations in the life sciences industry, download our free article!


Learn more about Logan Consulting’s approach to Cyber and Data Security



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