Cloud Security Insights and How OpenBOM Safeguards Your Data

In the ever-evolving landscape of technology and data management, concerns about security and intellectual property (IP) protection remain at the forefront of business discussions.  While companies moved forward with their understanding of cloud technologies and SaaS, the questions about how OpenBOM addresses security and ensure protection of customer data keep coming. 

At OpenBOM, we focus on how to ensure customer data is protected and provide transparent answers about how we ensure data is safe. Today, I’d like to put these concerns to rest by sharing how OpenBOM safeguards customers’ valuable data and IP.

The Importance of IP Protection

At OpenBOM, we understand that in engineering and manufacturing industries, intellectual property is the lifeblood of your business. The fear of data loss or theft is entirely legitimate, which is why we prioritize security as a cornerstone of our platform. At OpenBOM we provide multiple layers of protection to support security mechanisms – physical security, data encryption, role-based data access, multi-factor authentication, and single sign-on services. Let’s talk about each of these separately.  

Secure Physical Hosted Environment (AWS):

OpenBOM operates on the Amazon Web Services (AWS) cloud infrastructure, renowned for its security and reliability. AWS offers state-of-the-art physical security measures, ensuring that your data is stored in a secure environment.

Full Data Encryption (At Rest and In Transit):

To protect your data from unauthorized access, we implement encryption protocols. Data is encrypted both when it’s stored (at rest) and when it’s transmitted between your device and our servers (in transit). This means that even if someone were to intercept your data, it would be indecipherable without the proper decryption keys.

User Role-Based Data Access

We provide you with the tools to manage user access effectively. You can define roles and permissions for your team members, ensuring that only authorized individuals can access specific data.

Multi-Factor Authentication (MFA) and Single Sign-On (SSO) 

Additionally, we offer the option to enable MFA and SSO for an added layer of security, making it more challenging for unauthorized users to gain access to your account.

SOC2 Type2 Certified:

OpenBOM is proud to be SOC2 Type2 certified, a stringent standard that attests to the effectiveness of our security controls and safeguards. This certification demonstrates our commitment to maintaining the highest levels of security for your data.

Cloud and Security Red Herring 

At the same time, we found “cloud” to be a red herring when it comes to security discussions. When we see drawings emailed via gmail, located in Google Drive or Dropbox with public link access, blueprints in trashboxes in manufacturing facilities, and passwords to networks written on the wall in meeting rooms, it is clear that there are many ways to steal data from any business. 

Despite the ongoing debate about the security of cloud-based systems, it’s essential to put things into perspective. In today’s interconnected world, data is constantly in motion, and the traditional notion of a secure, isolated server room is becoming obsolete.

Consider the risks associated with other common practices, such as emailing sensitive drawings via Gmail, storing blueprints in easily accessible locations, or writing network passwords on meeting room walls. These scenarios highlight that data security is a multifaceted challenge, and it goes beyond the cloud.

Why are cloud-native systems more secure? 

Modern cloud-native systems like OpenBOM are, in fact, more secure than their legacy client-server counterparts. Cloud providers like AWS invest heavily in security, offering a level of expertise and resources that most local IT departments cannot match. Furthermore, legacy systems are often plagued by questionable security settings and widely open VPN services, making them more vulnerable to breaches.

Conclusion

At OpenBOM, we take your data security and IP protection seriously. Our commitment to safeguarding your information is unwavering, and we have implemented a comprehensive set of security measures, from secure hosting to data encryption and access controls. While questions about cloud security are natural, it’s essential to remember that security risks exist in various forms across all data management scenarios. 

As we are moving into 2024, it is important to understand that modern cloud-native systems like OpenBOM have proven to be not only secure but often more secure than their legacy counterparts. We invite you to explore more about OpenBOM security on our website and reach out to us with any questions or concerns you may have. Your data’s safety is our top priority, and we are here to ensure peace of mind in an increasingly interconnected world.

REGISTER FOR FREE to learn more about how OpenBOM can help you. 

Best, Oleg