Find Out How Oracle NetSuite Ensures Application and Operational Security

Oracle NetSuite Security

Oracle NetSuite is right now World’s fastest-growing Cloud ERP platform, supporting thousands of businesses to manage & optimize their operations seamlessly, and enabling them to grow and thrive.

 

With millions of gigabytes of data being exchanged daily, enabling businesses and revenues, application and operational security is paramount at Oracle NetSuite. 

 

In this blog, we will find out how Oracle NetSuite ensures top-notch, iron-clad operational and application security for their clients, and ensure that every bit and byte of data is safe, secured, and beyond the reach of unscrupulous elements.

 

But first, let’s find out what exactly is Oracle NetSuite Application & Operational Security.

 

Oracle NetSuite Application & Operational Security Explained

 

The NetSuite application and operational security effectively prevent unauthorized network and service connections, ensuring customers can access NetSuite confidently from any location. 

 

To guarantee a secure environment, NetSuite employs several security measures. It begins with robust encryption, role-based access controls, and strict password policies. Moreover, NetSuite enhances security with multi-factor authentication for end-users and token-based authentication for applications. 

 

Furthermore, NetSuite maintains continuous monitoring and has a dedicated team of experienced security professionals. This team is supported by advanced tools, controls, and policies, which collectively ensure the highest level of security for the operational data center.

 

How NetSuite Ensures Security For Applications & Operations?

 

Oracle NetSuite protects and safeguards data, network and services by these mechanisms:

 

Encryption

 

NetSuite prioritizes encryption to secure user credentials and all data transmissions, utilizing an industry-standard protocol and cipher suite. Additionally, NetSuite supports custom attribute encryption, provides encryption APIs, and strengthens authentication through token-based application authentication and multi-factor end-user authentication (MFA).

 

Role-Based Access

 

NetSuite offers role-based access controls, allowing administrators to assign specific permissions and restrictions to end users based on their job requirements, ensuring they can only access relevant data and features down to the field level. Furthermore, NetSuite provides a comprehensive audit trail by tracking transactions with user login details and applying timestamps to each change made, ensuring transparency and accountability.

 

Multi-factor authentication (MFA) 

 

Multi-factor authentication (MFA) adds an extra layer of security to NetSuite accounts by requiring users to provide a verification code, obtained from an authenticator app or through other means such as a mobile phone message, in addition to their username and password.

 

Password Policies

 

NetSuite provides customers with flexible password configuration options, allowing them to specify parameters such as password length and expiration policy. Stringent rules can be implemented to ensure that new passwords differ from previous ones and meet complexity requirements with a combination of numbers, letters, and special characters. Additionally, NetSuite implements an account lockout mechanism that activates after a certain number of unsuccessful login attempts.

 

Security Compliance

 

Oracle NetSuite undergoes regular audits, including SOC 1 Type II and SOC 2 Type II, and holds certifications for PCI DSS and ISO 27001:2013. 

 

The audits are conducted by independent third-party auditors, ensuring compliance with reporting requirements, internal controls for financial reporting, and security, availability, and confidentiality measures. 

 

Oracle NetSuite also adheres to the PCI DSS security standard, with its Attestation of Compliance (AOC) issued by a PCI Qualified Security Assessor (QSA) to ensure a secure environment for processing payment card information.

 

Besides these, Oracle NetSuite team deploys round-the-clock monitoring and has a dedicated and experienced security team for physical security as well.

Connect with Inspirria, and find out more about applications and operational security implemented by Oracle NetSuite for ensuring complete data privacy and protection.

Date: 
Thursday, July 6, 2023

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