trust eco system is Broken

The traditional strategy for security is based on authorized user trust. When a user compromises the ERP or other business applications, the game is over.


5%

of annual revenues lost to fraud & errors> source

22%

of cases amount to losses greater than $1M> source

$145k

median loss for each instance> source

18

months median time before being detected> source

24%

of reported frauds committed by senior management> source

46%

of CEOs say their organizations spent the same or more on investigations, then directly lost to the fraud itself> source

89%

expect attacks on ERP systems with average cost per breach $5M> source

34%

of CEOs believe too many false positive alerts produced to combat fraud> source

68%

of external actors committing fraud are frenemies-agents, vendors, shared service providers, customers> source

$10M

average ERP fraudulent damages> source

4,000

known bugs in SAP software pose security threats > source

5,000

known bugs in Oracle software pose security threats> source

Control's Force