SES Blog

It is widely known that Software Escrow protects you against the trigger events such as supplier failure and enables you to retain access to your application and continue to use it until a time when a suitable replacement can be procured.

The Master Multi Licensee Agreement SES have created is designed to allow you to offer Software Escrow protection to all of your clients, regardless of the application or version that they are using and without having to pay additional setup fees.

Following on from last week’s article where we discussed the topic of Mergers and Acquisitions (M&As), retaining IP, key developer knowledge and how Software Escrow can help with the M&A process, we began thinking about the Cyber Security risks involved with these transactions.

The number of mergers and acquisitions being considered or in progress is on the rise. Only recently we have seen numerous acquisitions in the Financial, Technology and Pharmaceutical sectors, but what draws organisations to merge with or acquire one another and how can you protect your investment?

ISO: 9001 and ISO: 27001 certifications are fundamental to the way we operate here at SES, which is why we have just recertified both ISO: 9001 and ISO: 27001 certifications to the latest set of standards.

For nearly two decades, SES has constantly challenged ourselves to deliver innovative, industry leading solutions which exceed our customer’s expectations.

Traditional network security takes a positively medieval approach, building high castle walls and focusing on outward facing defences to keep attackers out of your network, but what happens when then they make it past your anti-virus and firewalls and breach your defences?

Many businesses utilise Software Escrow to protect their key licensed software applications, recognising the criticality and importance of these applications to their businesses, and understanding that securing access to them protects the future continuity of their organisation.

According to the 2018: Risk Value Report published by NTT Security, half of UK firms are still not prepared to invest in proactive measures to secure their organisation against cyber threats.

It’s easy to discount Escrow without fully considering the risks of not protecting your most critical applications. If you were unable to access your CRM, Logistics or Finance applications, what would the implications be to your business?

Cyber attacks and breaches can happen to any organisation at any time, causing significant damage. Therefore, it is essential that your incident response plans are effective enough to respond to, contain and eradicate a breach as quickly as possible, limiting their impact.

Here at SES we see Software Escrow as a fundamental protection, ensuring your business’s continuity. Escrow provides assurances that you can retain access to your business critical applications and that your business will remain operational in the event the supplier of your applications is unable to support them.