The video streaming industry has seen tremendous growth in recent years, with services like Netflix, Disney Plus, and Amazon Prime leading the way. However, with the increase in popularity comes an increase in the risk of data breaches and cyber-attacks. Video streaming services hold a vast amount of sensitive data, including customer information and video content, making them a prime target for hackers. Enterprise Resource Planning (ERP) systems and video streaming services may seem like completely different industries, but they share a common need for data security. ERP systems must keep enterprises’ sensitive information safe from hackers, while video streaming services need to protect their copyrighted content so that no one can steal it and re-broadcast it.

Importance of Data Security

Data security is crucial for both ERP systems and video streaming services. In the case of ERP systems, they contain sensitive information such as financial data, customer information, and employee records. If this information falls into the wrong hands, it could have devastating consequences for the enterprise. Similarly, video streaming services must keep their video source secure to prevent piracy. If someone gets hold of the video source, they could reproduce it and distribute it illegally, causing a loss of revenue for the streaming service.

One of the most critical pieces of data that ERP system and video streaming services hold is customer information. This includes personal information such as names, addresses, and payment details. Both of them must take the necessary steps to protect their customers’ data, including encrypting sensitive information and implementing access controls to ensure that only authorized personnel have access to it.

Another crucial piece of data that they hold is their resources. For video streaming services, it would be their video content. This includes movies, TV shows, and other original content. Video content is a valuable asset for streaming services, and if it falls into the wrong hands, it could lead to piracy and a loss of revenue. To protect their video content, streaming services use encryption, digital rights management (DRM), and watermarking technologies to prevent unauthorized access and distribution.

For ERP system, it would be their programme code. ERP systems hold the code that runs their business and processes. This includes the code for their IT infrastructure, the applications that run on it, and all of their data. If this information fell into the wrong hands, it could lead to a massive breach of security and put both companies’ customers at risk.

3 Strategies Used to Protect Data Security

Encryption

One of the primary methods used to secure data in both ERP systems and video streaming services is encryption. Encryption is the process of converting data into a code to prevent unauthorized access. In ERP systems, encryption is used to secure sensitive data such as financial information and employee records. Similarly, video streaming services use encryption to secure their video source and prevent piracy.

Access Control

Access control is another crucial aspect of data security for both ERP systems and video streaming services. Access control is the process of controlling who has access to what information. In ERP systems, access control is used to ensure that only authorized personnel have access to sensitive data. Similarly, video streaming services use access control to ensure that only paying customers have access to their video content.

Firewalls and Intrusion Detection Systems

Firewalls and intrusion detection systems are also used to secure data in both ERP systems and video streaming services. Firewalls are used to block unauthorized access to a network, while intrusion detection systems are used to detect and respond to unauthorized access attempts. Both ERP systems and video streaming services use these tools to protect their data from external threats.

In conclusion, while ERP systems and video streaming services may seem like completely different industries, they share a common need for data security. Both industries require absolute data security to keep their sensitive information safe from hackers and prevent piracy. Encryption, access control, firewalls, and intrusion detection systems are just some of the methods used to secure data in both ERP systems and video streaming services. As technology continues to evolve, it is essential for both industries to stay up to date with the latest data security measures to protect their data from external threats.

About Multiable:

Multiable is a renowned industry leader in developing ERP systems, with years of experience in working with such systems. Our team of developers has gained expertise through their extensive involvement in ERP systems, resulting in the development of Multiable ERP – a powerful yet user-friendly solution for businesses. Over the past 30 years, we have established a reputation for delivering fast, reliable, and secure products that cater to businesses of all sizes. Our dedicated team is committed to providing you with the best ERP software solutions to help you succeed. Multiable ERP has successfully served over 6,000 companies across Asia, earning us a well-deserved reputation as one of the best companies for implementing ERP systems.

About EDG Grant:

The Enterprise Development Grant (EDG) was launched in 2018. EDG is a single grant that supports companies in the upgrading of business capabilities, innovation and internationalization. EDG replaces the Capability Development Grant (CDG) and the Global Company Partnership (GCP) in the same year.

M18 ERP and M18 HCM is under the scopes of EDG grant.

Our consultants have rich experience in helping customers to get EDG application awarded to deploy our renowned M18 ERP in Singapore. Multiable will provide relevant technical / system related documentations and guide you throughout the application process