Implementation Strategy for ERP - Recommendations and Vulnerabilities

This report discusses the vulnerabilities and recommendations for implementing an ERP system. It highlights the risks of electronic payment systems and suggests solutions to remove these vulnerabilities. The report emphasizes the importance of maintaining a proper database to store customer information and transaction details. The use of SecurePay for online transactions is also discussed.

Strategy for implementation of ERP
ABSTRACT
All the people nowadays with the advancement in
technology, are dependent on the usage of electronic system
methods for the making of the payments and carrying out
the various transactions. The report presents the various
risks that are offered by the use of the electronic payment
systems. The solutions that may be used for the removal of
these vulnerabilities is put forward in this report. The use of
the various methods such as the use of the technologies of
artificial intelligence may be made for the obtaining of the
solutions that is related to security in the transaction
process.
BACKGROUND
The Securepay is an application that involves the making of
the online payment by the large number of users. The
SecurePay application, while the registration of a new
customers requires the signing in of the customer by the
authentication of the customer. The use of biometrics are
made for the storage of the various information that is
related to the customer. The details of the customer that
involve the bank and the personal details of the customer.
The customer is then logged in and the bank account of the
customer is linked with the online portal. The use of the
online portal is just made as a medium for the carrying out
of the transaction
THREATS
The proper identification of the threats is important for the
protection of the important data and the important files. The use of
the various technologies are made in order to get rid of these
threats.
A proper database has to be maintained in order to store the various
information about the customers and the various transactions that is
carried out by the customers that, which are maintained for the
proper updating when there are transactions taking place.
VULNERABILITY
• The hackers may attack the system may get access of the
system of the organization while the transaction is going
on.
• There may be a number of problem using the online
payment method for those people who do not know the
use of the smart phones.
• With the increase in the number of the cyber attacks it is
difficult for the people to trust the online mode as the
various personal bank details of the customer has to be
entered for the usage of the online portal.
RECOMMENDATION
CONCLUSIONS
From the report, The use of the online portal helps in the
easing of the work of the common people and the
organizations. A large number of people makes the usage of
the online module for the making of the payment. However,
the usage of the online payment system of the SecurePay
may pose a large number of threats that is stated in the
report.
If the online transaction is to be done, the SecurePay
organization should have the options of providing the
instructions on how to carry out the procedure as the use of
the online payment module may be new a number of people.
The use of the SecurePay may be made by the various
organization to follow the proper transaction process in an
efficient manner. The SecurePay organization should thus
ensure that the security is strong enough so that the customers
do not have to face any issue with regards to security.