How to Mitigate the Risk of Data Breach with an EDI VAN

Posted by Brooke Lester on Jan 25, 2018 8:20 AM

How to Mitigate the Risk of Data Breach with an EDI VAN

No business wants to be the victim of a data breach. Yet, so many firms do not take the steps they need to take to protect themselves from that nightmare scenario.

One of the things you can do is to protect your EDI system. An EDI value-added network (VAN) works with you to keep your EDI system operational and safe. Read on to learn more about what VANS do and how they defend your entire supply chain against threats.

What Are the Common Risks Companies Face?

Cybersecurity is a major issue for businesses today. In fact, it is one of their top concerns.

In BDO’s 2016 Retail Risk Factor Report, researchers at the consulting firm discovered that the fear of a data breach was tied for first place with worries about the general economic condition among business owners. Retailers’ concerns are not unfounded; they face an average of eight cyber security attacks per year, and nearly three-quarters are considered advanced threats.

It does not matter if you are a retailer, another type of B2C company, or even a B2B firm. The disturbing fact is that your business is still at risk. It is a global problem, too. A report released by Australian telecommunication firm Telstra showed that almost two-thirds of Asian companies experience a business-disrupting breach at least once a month. Can you afford that kind of risk exposure?

How to Mitigate the Risk of Data Breach with an EDI VAN

What Is a VAN, and Why Should You Work with One?

A VAN is a third-party network provider that offers services to ensure that your EDI system works smoothly and efficiently.

One of the services they provide is security. A VAN can put solutions in place so that your messages are encrypted and they arrive in a secure manner.

As the cloud has become more popular, VANs have kept up the pace. They now offer flexible cloud solutions that optimize B2B transactions between trading partners for the highest possible visibility. This might leave you asking, “Well, that is great, but what about safety?”

The Sterling B2B Collaboration Network Advantage

The Sterling B2B Collaboration Network assures file security by providing visibility, control, and governance for all data. Applications offered through this VAN are designed through IBM’s Secure Engineering Framework, ensuring that they meet the highest possible security standards.

Choosing the Sterling B2B Collaboration Network as your VAN gives you peace of mind that your EDI system is protected against threats. Moreover, it reduces the burden on your IT staff; having a VAN take care of your EDI system’s security frees up your IT team to focus on their core competencies.

Your EDI system is a business driver; it enables you to communicate quickly and easily with trading partners so you can operate at the speed of business. At the same time, it can be vulnerable to cyber threats. The right VAN can keep you safe. To learn more about the security offered by the Sterling B2B Collaboration Network and how REMEDI can help you use it effectively for your business, contact us today!

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