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Worried about what security problems UAE companies might face while adopting ERP and property management software? We have listed the security measures to look out for, to select the quality property management tools and best ERP software in UAE.
UAE enterprises, with their digitally sound systems, have been expanding across markets. For UAE businesses, the Enterprise Resource Planning (ERP) software and Property Management software are significant.
However, these are exposed to common security risks like unpatched software, flawed authentication, vulnerable backups, data breaches and many more. Measures like encryption, backups, multi-factor authentication, and compliance audits can keep these issues at bay.
40% of Middle East customers hesitate in sharing personal information on websites or social media. The hesitation is mainly because of unreliable security systems. The UAE companies have to shift their focus towards the ERP or property management vendor’s security measures.
This blog presents the security measures that are a must for ERP and property management software in the UAE.
Cybersecurity: A Non-Negotiable
Security is the priority in any scenario, especially for digital technologies. Here are some reasons for prioritising security in the UAE business arena.
Cyber Threats in the Middle-East
An IBM study of 2023 shows that Middle East countries have set the record average of almost $8.07 million loss per data breach. The real estate sector has been more susceptible to these attacks and the risks have been higher.
These high rates suggest failure of cybersecurity systems, revealing the advancement of cyber threats. Better decisions for proper cybersecurity measures are thus needed while selecting the best ERP software in the UAE.
Regulation Compliance Failure for Data Protection
Failure in compliance to data protection law in the UAE can negatively impact the assessment before High Risk Processing. Employees or contractors with access to ERP systems often put the security of a business at risk.
This is a direct breach of the Personal Data Protection Law of the UAE, which also applies to businesses. It puts sensitive information of a company at risk, hampering overall business operations.
The possible dangers of business failure, coupled with increasing cases of cyberattacks, make stringent cybersecurity non-negotiable for UAE businesses.
Which Security Features Protect the ERP and Property Management Tool?
Here is a list of security measures to look for in the best ERP software in the UAE for effective property management.
Secure Encryption: Unreadable to Third-Party
End-to-end encryption secures the process of communication, barring third parties from data. The data is not readable to anyone other than the receiver and sender. It offers the best protection for business data, which is often vulnerable to cyberattacks.
While looking for your ERP systems or property management tools for your business, look out for these traits below.
| ERP Systems | Property Management Software |
| ERP system vendor offering end-to-end encryption for data at rest and transit | Property management tools providing role-based access. |
| The encryption system makes the sensitive data highly indecipherable. | Cloud storage facility for the encrypted data |
| Updates available for encryption and compliance to Advanced Encryption Standards (AES) | Secure online payment system with end-to-end security. |
Table 1: Encryption Features Important for ERP and PMS
Regular Updates and Backups
Businesses face slower operations quite often because of outdated systems. Many ignore the security threats directly linked to outdated systems. Most of the system updates for ERP or Property Management software contain upgraded custom and secure code, protecting your systems from external vulnerabilities.
For Your ERP Software:
- Make sure they provide regular update notifications for your system. The system providers need to guide you through the dos and don’ts relating to updates.
- The regular data backup process needs to be simple, easy, and fast for business professionals to do this hassle-free. This updated information can make it difficult to track information easily, reducing the risk of a data breach.
For Your Property Management Software:
- Find vendors offering the feature of replacing sensitive data elements with non-sensitive ones. This protects the system from losing sensitive information.
- Smart locks and access getaways are important features to consider for protecting sensitive property information. These also notify the users in case of a possible attack in the system.
Secure Through Multi-factor Authentication
Multi-factor authentication needs two or more identity proofs for providing access to an account. This is something you should consider as a feature while selecting appropriate PMS or ERP systems. You need to look for vendors who offer these solutions.
- Look for a valid and strong MFA authentication process from your vendor.
- Find a vendor for PMS that provides a comprehensive guide to multi-factor authentication to make things easy for users.
A property management software in UAE that offers multi-factor authentication is perfect for your business. You can keep cyber-threats at bay with this feature.
Compliance Audits
Compliance Audits are crucial, particularly for a country with a high data breaches like the UAE. For companies operating in highly regulated sectors like healthcare, finance, and real estate, audits can help them comply with the legal obligations. Keep in mind that your ERP or Property Management System vendor complies with these standards and audits.
The risk of security is considerably high for UAE businesses, given the rampant cyberattacks. While looking for the perfect system for your office, you need to take these considerations about system security.
Figure 1: Features to Look for in ERP or PMS
With competent property management software in the UAE, you can get access to these security measures. Get a safe property tool to make your business function efficiently.
In Summation
UAE businesses are vulnerable to cyber-attacks which shows that their existing security systems are not enough! ERP systems and Property Management systems operate through automation and thus can be vulnerable to security threats. The features like encryption, backups, multi-factor authentication and compliance audits measures of the system vendors can reduce those risks a little more!
Are You Looking for High Quality PMS or the Best ERP Software in UAE?
If you want to look for the most secure PMS or ERP systems for your business, you can look for several solutions providers across the UAE and select the most secure one for your business.
