Did you hear about the insider threat at Microsoft? A former director of sports marketing and alliances at Microsoft was indicted for creating fake vendor invoices totaling $1.4 million and then changing the vendor's bank account information so payments routed to his own personal account.
This is no surprise as research shows that 60% of breaches are carried out by insiders and data in your procurement system continues to be a key target.
That data is valuable and it's enticing to an insider who wants to get rich quick. Users can access payment details such as credit card numbers, invoices and bank accounts. They can view W-9s and social security numbers. And don't forget about details your competitors would love to get their hands on, including contracts, bids and confidential agreements. So what are you doing to prevent the inside threat to your procurement system?
Whether you use SAP Ariba, Coupa or other system, this is a critical area you must address. Join us for a 30 minute webinar that will walk you through the top 5 vulnerabilities in your procurement system and how you can quickly close the security gap.