SOURCE: Onapsis Inc.

http://www.onapsis.com

May 14, 2013 11:26 ET

Onapsis X1 Provides Cost-Effective SAP Cyber-Risk Management for Fortune 50 Company

CAMBRIDGE, MA --(Marketwired - May 14, 2013) - Onapsis Inc., the leading provider of solutions to protect ERP systems from cyber-attacks, today announced that Siemens, one of the largest electronics and engineering firms in the world, has chosen Onapsis to protect its SAP platforms from cyber-attacks. Faced with the problem of quickly and cost-effectively detecting real-world security risks in its SAP systems, Siemens turned to the widely recognized expertise of Onapsis. Using Onapsis X1, Siemens is now able to automatically access the security of their SAP systems and act upon remediation information to mitigate existing SAP application-layer vulnerabilities that could lead to espionage, sabotage and financial fraud attacks.

Robert Ingruber, Senior Information Security Expert at Siemens, led the product evaluation and made the decision to implement Onapsis X1. "We have many large SAP implementations used for business-critical processes, deployed across the entire company. Assessing large platforms like ours, checking beyond Segregation of Duties controls is not feasible without an automated solution. Thanks to Onapsis X1, we are now able to detect potential SAP technical risks, an area that used to be a blind spot before," commented Mr. Ingruber.

Onapsis provides innovative security solutions to protect SAP platforms from modern cyber-threats. Onapsis X1 is the industry's first comprehensive SAP-certified solution for the automated application security assessment of SAP systems. Backed by the frequent updates from the Onapsis Research Labs, Onapsis X1 detects insecure SAP ABAP and Java configurations, missing SAP Security Notes and patches, dangerous user authorizations and insecure interfaces between SAP systems. Following Onapsis X1's detailed mitigation procedures, customers can increase the security level of their platform, decrease business fraud risks and enforce current compliance requirements.

Onapsis' CEO, Mariano Nunez, met with Robert to discuss the Onapsis X1 user experience from Siemens, "Large companies like Siemens further validate the need for an automated SAP application security assessment product like Onapsis X1. Leading organizations have already realized that Segregation of Duties controls are not enough to protect their ERP systems from cyber-attacks. These organizations need a holistic SAP risk management process when securing their business-critical SAP platforms and at Onapsis we are glad to provide a solution to achieve this in a cost-effective way," quoted Mr. Nunez.

About Siemens
Siemens is one of the largest electronics and electrical engineering companies in the world. The company has 5 main divisions: Industry, Energy, Healthcare, Equity Investments and Siemens Financial Services. Siemens and its subsidiaries employ approximately 360,000 people across nearly 190 countries and reported a global revenue of 71 billion euros for the year of 2011. Visit Siemens at http://www.siemens.com/entry/cc/en/.

About Onapsis
Onapsis Inc. is the leading provider of solutions to protect ERP systems from cyber-attacks. At the heart of the company, the Onapsis Research Labs is composed of world-renowned experts with a proven track-record in the ERP and SAP security fields. Through its innovative software solutions, global customers can secure SAP and Oracle business-critical platforms from espionage, sabotage and financial fraud. More information at www.onapsis.com

Contact Information

  • Contact Us: 
    Onapsis Inc.
    101 Main Street
    14th Floor
    Cambridge, MA 02142
    Selena Proctor
    (617) 603 - 9932
    sproctor@onapsis.com