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In this blog post, we will explore ORACLE NetSuite cloud ERP for Data Security and why it is the most secure ERP to store business data. Moreover, we will end the top 3 myths about NetSuite ERP and look at its best practices for security.
Businesses of all sizes in the USA want to access their data anywhere, anytime and keep it at bay from unauthorized users. So, they rely on ORACLE NetSuite Cloud ERP, an AI-powered ERP software.
Nowadays, the internet has opened multiple opportunities for businesses to attain growth, especially through new access to markets. However, it has provided opportunities for hackers for making cyber-attacks.
The following are some of the cyber-attacks affecting enterprises.
- Mother of All Breaches (MOAB). A massive data leak was discovered in January 2024, in which 26 Bn records were exposed.
- AT&T Data Leak. In March/July 2024, the data of millions of users were exposed, including call records and personal info. of concurrent and former customers.
- Ascension, a Catholic Health System, experienced breach in 2024 due to ransomware attack.
- Discord Data Leak. A popular communication platform suffered a breach of customer data.
Considering the above incidents, business leaders want to keep their data protected from unauthorized users. Today businesses with an on-premises based ERP system are moving their crucial data to the cloud ERPs as they want to keep them secure.
Top 3 Myths About ORACLE NetSuite Cloud ERP for Data Security
ORACLE NetSuite Cloud ERP has become popular among business leaders and C-level executives in the USA. However, new senior executives of a business are confused about whether to adopt cloud ERP or not due to the following myths.
- Compared to on-premises ERP, ORACLE NetSuite ERP is not strong.
ORACLE NetSuite ERP uses modern cybersecurity skills like Role-based Access Control (RBAC), 2 Factor Authentication, and data encryption. It makes on-prem systems more secure than cloud ERP systems.
- Data in ORACLE NetSuite Cloud Infrastructure is Not Secured
Many consider that data in the ORACLE NetSuite cloud is always at risk of exposure to unauthorized users. But the reality is that a cloud platform leverages strong security measures like encryption to keep security up to date.
- Compliance with Local Laws is Difficult in ORACLE NetSuite
Businesses often confuse NetSuite with a legacy ERP. On the contrary, this modern-day ERP solution is rich in multiple features. Once such feature is NetSuite Governance, Risk, and Compliance (GRC).
What is ORACLE NetSuite Cloud ERP for Data Security and Why It’s Safe for Your Data
NetSuite Cloud ERP is a comprehensive business management solution. This AI-powered ERP solution is built to meet the needs of businesses. Over 42,000 use NetSuite ERP to streamline their operations and adapt to change. This ERP empowers users to access data anytime, anywhere as it is stored on the cloud.
Businesses, after implementing NetSuite Cloud ERP, businesses can rely on this powerful solution to address today’s growing operational and security challenges. While some business leaders may question whether NetSuite for Data Security is truly effective, it’s important to understand the platform’s robust safety features.
NetSuite provides a secure cloud environment backed by global standards and advanced security protocols. Whether you’re a small startup or a large enterprise, Cloud ERP Data Security is critical—and NetSuite delivers exactly that.
- ORACLE NetSuite stores your data multiple times (in production account) and replicates it to a disaster recovery data center. In the event of a disaster, the data can be restored in the production account from the recovery data center.
- ORACLE NetSuite encrypts data on the platform to keep it away from the reach of a business. This industry-standard encryption helps to avoid data exposure to unauthorized users.
- ORACLE NetSuite provides regular security patches and updates automatically. This update ensures protection against arising threats without requiring manual intervention.
- ORACLE NetSuite is well known for employing a multi-layer security approach. It provides strong encryption of the data stored on its servers. Also, it has multi-factor authentication to secure data.
Why NetSuite Cloud ERP for Data Security is Safe for Your Business in USA
Yes, NetSuite Cloud ERP is safe, even for businesses handling sensitive data in the USA and across global markets.
The platform uses multiple layers of Cloud ERP for Data Security, including encryption, role-based access, regular audits, and real-time monitoring. These practices ensure that your data remains protected against breaches and unauthorized access.
- Industry Standard Encryption through 256-bit TLS (for data in transit) and 256-AES (for data at rest).
- ORACLE NetSuite usually uses Two-Factor Authentication (2FA) to prevent unauthorized access. It is basically an extra layer of authentication to keep the login and access secure.
- NetSuite has Role-Based Access Control (RBAC), which means that only users with specified roles by admins can access data.
- NetSuite demonstrates its commitment to data protection and privacy through compliance with various industry standards.
- ORACLE NetSuite enables users to track changes and troubleshoot issues with Audit Trails. It provides a detailed history of changes made within NetSuite.
inoday, a Trusted ORACLE NetSuite Partner
inoday, a trusted Oracle NetSuite Partner in the USA, India, and Australia, has over 18 years of experience delivering tailored ERP solutions across 10+ industries. We specialize in implementing NetSuite for Data Security and optimizing it to meet your unique business needs.
Whether you’re looking for expert-led implementation, customization, or ongoing support, inoday ensures your business gets the full benefit of NetSuite Cloud ERP for Data Security—with zero compromise on performance or protection.
The following points showcase the expertise of inoday to help businesses of all sizes.
- A dedicated team of over 120 NetSuite consultants with multiple years of experience in helping businesses move to the NetSuite cloud infrastructure.
- Based on SLAs, we deliver support services to businesses to resolve relevant issues before they harm business revenue.
- Train NetSuite users so they can follow the best practices to keep their data secure on ORACLE NetSuite.
- We have a proven track record of providing cost-effective NetSuite implementation services with a 100% success rate.
- Our NetSuite consultants can restore and rescue a business from failed NetSuite implementation projects.
- We deliver tailored NetSuite solutions to businesses of all sizes, so it helps them enhance their ROI.
- Migrate NetSuite ERP software from on-prem to NetSuite cloud infrastructure to minimize business disruption.
- Customize NetSuite by integrating it with third-party apps to enhance the productivity of NetSuite users.
- Our team delivers personalized ORACLE NetSuite services by working on over 10 NetSuite modules.
ORACLE NetSuite has an outstanding commitment to keeping their users’ data security paramount. inoday, one of the leading ORACLE NetSuite partners helps businesses get true NetSuite cloud ERP solution. If you want to get more information about implementation, contact our NetSuite Consultants at info@inoday.com. Also, you can contact us by calling us at +1 630 216 9940 (USA)/ +91-120-4329327 (India).
