Security and Compliance in Cloud ERP Systems: A Deep Dive into Workday’s Framework
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Security and Compliance in Cloud ERP Systems: A Deep Dive into Workday's Framework
Monu Sharma
Independent researcher, Morgantown WV USA.
monufscm@gmail.com
Abstract: This paper provides a comprehensive analysis of the security and compliance framework within cloud-based ERP systems, with a particular focus on Workday, a leader in the market for enterprise resource planning (ERP) solutions. As businesses increasingly transition to cloud ERP systems, ensuring robust security and regulatory compliance has become critical to safeguarding sensitive data, maintaining operational integrity, and meeting industry-specific regulations.
The paper begins by introducing the essential concepts of cloud ERP security, highlighting the challenges of data breaches, data integrity, and access control. It further explores Workday's advanced security infrastructure, including its encryption protocols, secure data storage, and real-time monitoring systems, as well as its adherence to global compliance standards such as GDPR, SOC 2, and ISO 27001.
The analysis also emphasizes Workday’s tailored security features for specific industries like finance, healthcare, and government, demonstrating how its platform fosters customer trust and drives adoption across diverse sectors. Looking to the future, the paper discusses emerging trends, including the integration of Artificial Intelligence (AI), Machine Learning (ML), and blockchain technology, which hold potential for enhancing data security and compliance in cloud ERP environments. This deep dive into Workday’s security and compliance framework underscores its role in mitigating risks, ensuring regulatory adherence, and positioning itself as a trusted solution in an evolving cloud landscape.
Keywords: AI/ML, Cloud ERP Security, Workday Security Framework, Cloud ERP Compliance, Workday Compliance Standards, Data Security, Workday Data Encryption, Regulatory Compliance,
SOC 2 Compliance, Identity and Access Management, GDPR Compliance, Risk Mitigation.