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Today’s cloud technologies power levels of innovation, agility, and efficiency that is unparalleled by any other approach. When it comes to sourcing and procurement, the use of flexible, cloud based solutions and business networks for buying and selling goods, and leveraging services, is a key factor for driving digital transformation in organizations. Digital transformation for you may be an amalgamation of the value proposition that you are offering to your customers, a value chain that is more responsive and increased productivity to meet your profit and growth objectives.

Companies are moving to the cloud faster than ever, with the majority already capitalizing on cloud solutions or making active plans to adopt them. Yet security concerns cause many to hang back, and rightly so: cyberattacks pose a serious and growing threat, causing devastating consequences that can damage or destroy those caught in the crosshairs.

Cybercrime: A clear and constant danger

Though 80% of businesses view digital transformation as a key priority, only 23% completely trust public clouds to keep their data secure, while 49% are delaying cloud deployment due to cybersecurity skill gaps.**

·      78% are experiencing greater risk, even though 50% are investing more in IT security*

·      62% have undergone data breaches in recent months*

·      56% fear negative impacts on their critical infrastructure*

·      40% believe their intellectual property is vulnerable*

So how do you reap the rewards while minimizing risk? By choosing partners you can depend on.

Gain confidence in the cloud

Cloud-based solutions providers such as SAP Ariba have created a trust model and established a holistic, multi-dimensional approach to build and maintain evolving cloud security and privacy solutions.

This trust model includes a comprehensive set of security measures to

·      Embed security into the entire software development lifecycle

·      Safeguard your proprietary information against internal and external risks

·      Limit access to sensitive data through a least-privilege, need-to-know approach

·      Establish environment segmentation and demarcation

·      Focus on resiliency as core competency

·      Ensure high availability, monitoring, and business continuity

SAP Ariba’s cloud security model delivers a comprehensive security strategy uniquely designed to safeguard your digital transformation – enabling you to build secure, run secure, and stay secure in the cloud.

Build Secure: Data protection starts with safe solutions. SAP Ariba secures the software development lifecycle from ideation through design, build, test and deploy, adhering to secure development principles in strict accordance with ISO 27034.

Run Secure: SAP Ariba uses end-to-end encryption using the latest advanced protocol and ciphers such as TLS 1.2, SHA-2. Proven risk management practices establish risk transparency and maintain a customized, effective approach.

Stay Secure: Adherence to global security guidelines defined by the International Organization for Standardization (ISO), Sarbanes-Oxley Act(SOX), Statement on Standards for Attestation Engagements (SSAE), International Standard on Assurance Engagements (ISAE) and more, ensure security compliance is maintained at all times, along with pro-active recurring security risk assessments, data privacy impact analysis, regulatory reviews, and comprehensive recurring 3rd party audits.

Security and Privacy are vital components of SAP Ariba's success as a cloud company. Keeping your data secure is our number-one priority at SAP Ariba, and we continue to make guided investments in our security posture to manage risks externally and internally, with appropriate security controls.

To learn more about SAP Ariba’s security strategy, join our informative cybersecurity webinar on October 4, 2017.

* Source: KuppingerCole, meta-research commissioned by SAP, 2016

**Source: “Building Trust in a Cloudy Sky: The State of Cloud Adoption and Security,” McAfee, January 2017