As financial institutions continue their shift to cloud-based financial management solutions, data security has become critical with high importance placed on selecting financial management software that prioritises security.
Financial institutions and software providers like Infor and Proactis are increasingly adopting a cloud-first approach, with a stronger emphasis on cybersecurity. As cyber threats continue to rise, partners such as Infor, Proactis, and Touchstone are taking proactive measures to safeguard financial data. As a result, they are integrating robust security frameworks into their cloud-native financial management software, Infor SunSystems Cloud and Proactis Cloud, while Touchstone offers secure, private cloud hosting solutions through TouchstoneCloud, designed to house critical business applications like SunSystems. Backed by ISO accreditations, both prioritise mitigating risks, ensuring sensitive data remains protected, and enabling businesses to operate securely in a digital-first world.
This article revisits the shaping financial management software, with a focus on the growing role of cybersecurity. We will explore why selecting secure software and secure hosting environments is essential for business resilience in today’s threat landscape.
The Rise of Cyber Threats
Cybercriminals are constantly evolving their tactics, deploying ransomware, phishing schemes, and Distributed Denial-of-Service (DDoS) attacks to infiltrate financial systems. High-profile breaches have exposed the devastating consequences of inadequate cybersecurity. One of the most infamous incidents was the 2017 Equifax breach, which compromised the personal and financial data of 147 million individuals, resulting in lawsuits and significant reputational damage.
The scale and financial impact of these attacks are staggering. VMware reported a 238% increase in cyberattacks targeting financial institutions in the first half of 2020. Meanwhile, IBM revealed that the global average cost of a data breach in 2024 was $4.88m – a 10% increase from 2023 and the highest total ever. However, organisations that implement security AI and automation can cut breach costs by an average of $4.88 million, highlighting the importance of proactive defence strategies.
In response, financial management software providers like Infor are strengthening application-level security, while secure cloud hosting providers like TouchstoneCloud are ensuring the environments in which these applications reside are equally protected. From encryption and zero-trust frameworks to multi-factor authentication, these strategies are essential to mitigate risk and ensure regulatory compliance.
Infor SunSystems Cloud: Financial Software Secured by AWS
Infor SunSystems is a cloud-based financial management solution, designed with built-in security and flexibility. It runs on the Infor OS Platform, hosted on Amazon Web Services (AWS), combining enterprise-grade security with global scale.
- Enterprise-Grade Security & Compliance: Infor utilises 123 AWS services to secure and encrypt customer data, upholding the highest security standards.
- Zero-Trust Architecture: Access is continuously verified and strictly controlled to minimise risks.
- End-to-End Encryption: Financial data is protected with AES-256 encryption both in transit and at rest.
- DDoS & Ransomware Defences: AWS security layers offer real-time threat detection, automated backups, and infrastructure hardening.
Infor’s use of AWS ensures that its financial software benefits from some of the world’s most advanced cybersecurity defences.
TouchstoneCloud: Hosting Your Financial Applications Securely
Unlike Infor SunSystems Cloud, TouchstoneCloud is not financial management software —it is a secure, fully managed private cloud hosting environment where organisations can place their business-critical software applications, including Infor SunSystems, HxGN EAM, and Proactis Cloud.
- End-to-End Security & Compliance: Built with enterprise-level security architecture, TouchstoneCloud features data segregation, encryption in transit and at rest, and strict adherence to best practices.
- Managed Application & Patch Support: We handle patching, upgrades, and support for all hosted applications, ensuring compliance and operational continuity.
- Cyber Essential Plus and ISO-Certifed Hosting: Powered by BlackBox Hosting, TouchstoneCloud, is certified to ISO 27001, ISO 22301, and ISO 9001 standards. It also holds CSA STAR L2 and Cyber Essentials Plus certifications and operates within SOC 2-compliant data centres based in the UK.
- Carbon-Neutral Infrastructure: Powered by renewable energy, TouchstoneCloud is 100% carbon neutral.
By hosting business applications in TouchstoneCloud, businesses offload infrastructure risks and benefit from a secure, scalable, and expertly managed environment, complementing the security features of applications like Infor SunSystems
Compliance and Regulatory Alignment
Security alone is not enough; organisations must also meet regulatory requirements. ISO 27001, the internationally recognised standard for information security management systems (ISMS), offers framework to implement strong, auditable security controls.
TouchstoneCloud is underpinned by Cyber Essential Plus, digital operational resilience (DORA) alignment, and multiple ISO certifications— ISO 27001 for information security, 22301 for business continuity, and 9001 for service quality, ensuring our hosting environment meets the highest operational standards. Together, these standards ensure our hosting environment meets the highest levels of operational excellence, supporting compliance while strengthening resilience, trust, and reliability across your IT infrastructure.
A Secure Financial Management Strategy: Proactive Data Security Is Essential
The stakes are high—not just in terms of financial loss, but also regulatory compliance, operational continuity, and customer trust. To mitigate these risks, organisations should adopt a dual approach:
- Implement secure financial software like Infor SunSystems Cloud, which is architected with proactive threat monitoring and compliance-ready frameworks.
- Choose a secure hosting environment like TouchstoneCloud to protect the infrastructure supporting their business-critical applications.
At TouchstoneFMS, we help organisations build resilient, secure operations by aligning the right software with the right hosting strategy. Whether you are looking at implementing Infor SunSystems Cloud or hosting your existing applications in TouchstoneCloud, we ensure your data is protected and your operations are future-ready.
Want to learn how we can support your transition to a more secure financial future? Get in touch by filling out the form below. For further insights, see our article on cloud-based financial management solutions: Embracing Cloud-Based Financial Management Solutions: The Future of Business Efficiency – Touchstone FMS.
