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The SEC isn't giving SaaS a free pass. Applicable public companies, known as "registrants," are now subject to cyber incident disclosure and cybersecurity readiness requirements for data stored in SaaS systems, along with the 3rd and 4th party apps connected to them.  The new cybersecurity mandates  make no distinction between data exposed in a breach that was stored on-premise, in the cloud, or in SaaS environments. In the SEC's own words: "We do not believe that a reasonable investor would view a significant data breach as immaterial merely because the data are housed on a cloud service." This evolving approach comes as SaaS security shortcomings continually make headlines and tech leaders debate  how the SEC may change cybersecurity  after charging both SolarWinds and its CISO with fraud.  Why SaaS and SaaS-to-SaaS Connection Risks Matter to the SEC — And To Your Organization  The perception and reality of SaaS security are, in many cases, miles apa...

Ambitious Employees Tout New AI Tools, Ignore Serious SaaS Security Risks Like the  SaaS shadow IT  of the past, AI is placing CISOs and cybersecurity teams in a tough but familiar spot.  Employees are covertly using AI  with little regard for established IT and cybersecurity review procedures. Considering  ChatGPT's meteoric rise to 100 million users within 60 days of launch , especially with little sales and marketing fanfare, employee-driven demand for AI tools will only escalate.  As new studies show  some workers boost productivity by 40% using generative AI , the pressure for CISOs and their teams to fast-track AI adoption — and turn a blind eye to unsanctioned AI tool usage — is intensifying.  But succumbing to these pressures can introduce serious SaaS data leakage and breach risks, particularly as employees flock to AI tools developed by small businesses, solopreneurs, and indie developers. AI Security Guide Download AppOmni's CISO...

The role of the CISO keeps taking center stage as a business enabler: CISOs need to navigate the complex landscape of digital threats while fostering innovation and ensuring business continuity. Three CISOs; Troy Wilkinson, CISO at IPG; Rob Geurtsen, former Deputy CISO at Nike; and Tammy Moskites, Founder of CyAlliance and former CISO at companies like Time Warner and Home Depot – shared their perspectives on how to run an effective SOC in 2023. 1) Prioritize Cost Efficiency While Remaining 'Secure' As a world-renowned speaker, a co-author of an Amazon Best Seller, and a trusted commentator on prominent news networks such as NBC, CBS, and Fox, Troy Wilkinson, knows a thing or two about cybersecurity. When adopting new technologies, Troy reinforces that CISOs don't have the luxury of waiting months or years to see the value of new investments; "Time to Value is critical. New solutions need to deliver value quickly." Rob Geurtsen, former Deputy CISO at Nike,  jo...

A  new State of SaaS Security Posture Management Report  from SaaS cybersecurity provider  AppOmni  indicates that Cybersecurity, IT, and business leaders alike recognize SaaS cybersecurity as an increasingly important part of the cyber threat landscape. And at first glance, respondents appear generally optimistic about their SaaS cybersecurity. Over 600 IT, cybersecurity, and business leaders at companies between 500-2,500+ employees were surveyed and responded with confidence in their SaaS cybersecurity preparedness and capabilities. For example: When asked to rate the SaaS cybersecurity maturity level of their organizations, 71% noted that their organizations' SaaS cybersecurity maturity has achieved either a mid-high level (43%) or the highest level (28%). For the security levels of the SaaS applications authorized for use in their organization, sentiment was similarly high. Seventy-three percent rated SaaS application security as mid-high (41%) or the highe...

A survey of global cybersecurity leaders through the 2023 Certified CISO Hall of Fame Report commissioned by the EC-Council identified 4 primary areas of grave concern: cloud security, data security, security governance, and lack of cybersecurity talent. EC-Council, the global leader in cybersecurity education and training, released its Certified Chief Information Security Officer Hall of Fame Report today, honoring the top 50 Certified CISOs globally. This report reveals that approximately 50% of surveyed information security leaders identified cloud security as their top concern. Findings from the report suggest the top cybersecurity concerns with which organizations struggle and highlight the need for implementing robust security frameworks with skilled cybersecurity professionals to effectively contain emerging threats. On average, an enterprise uses approximately 1,295 cloud services, while an employee uses at least 36 cloud-based services daily. Cloud security risk is real for ...

In today's perilous cyber risk landscape, CISOs and CIOs must defend their organizations against relentless cyber threats, including ransomware, phishing, attacks on infrastructure, supply chain breaches, malicious insiders, and much more. Yet at the same time, security leaders are also under tremendous pressure to reduce costs and invest wisely.  One of the most effective ways for CISOs and CIOs to make the best use of their limited resources to protect their organizations is by conducting a cyber risk assessment. A comprehensive cyber risk assessment can help: Identify vulnerabilities and threats Prioritize security investments Assess cybersecurity maturity Communicate cyber risk to executives Provide the basis for cyber risk quantification A new guide by cybersecurity optimization provider CYE ( download here ) explains how this can be accomplished. The guide outlines several approaches to cyber risk assessments and describes the necessary steps that can yield solid in...

Employee well-being has become a primary focus for many businesses. Even before the pandemic, the C-suite was acutely aware of how employee mental health impacts business outcomes.  But for cybersecurity professionals, stress has always been a part of the job. A  new survey  revealed that one of the most concerning aspects of employee mental health is how it impacts cybersecurity programs and, more broadly, a business' ability to protect itself from cyberattacks. CISOs and their teams appear to be taking the brunt of unmitigated work-related stress levels and it's affecting the entire organization.  CISOs at small to midsize businesses with teams of five employees or fewer were surveyed to better understand how work-related stress is impacting CISOs – from their ability to do their job and lead their team to how it's affecting their own professional outlook and personal life. Here's what the survey results revealed.  The Impact of CISO Work-Stress Levels o...

One thing is clear. The " business value"  of data continues to grow, making it an organization's primary piece of intellectual property. From a cyber risk perspective, attacks on data are the most prominent threat to organizations.  Regulators, cyber insurance firms, and auditors are paying much closer attention to the integrity, resilience, and recoverability of organization data – as well as the IT infrastructure & systems that store the data. What Impact Does This Have On The Security Of Storage & Backup Systems? Just a few years ago, almost no CISO thought that storage & backups were important. That's no longer the case today.  Ransomware has pushed backup and recovery back onto the IT and corporate agenda. Cybercriminals, such as Conti, Hive and REvil, are  targeting storage and backup  systems, to prevent recovery. Some ransomwares – Locky and Crypto, for example – now bypass production systems altogether, and directly target backups. ...

Do you know where your secrets are? If not, I can tell you: you are not alone. Hundreds of CISOs, CSOs, and security leaders, whether from small or large companies, don't know either. No matter the organization's size, the certifications, tools, people, and processes: secrets are not visible in 99% of cases. It might sound ridiculous at first: keeping secrets is an obvious first thought when thinking about security in the development lifecycle. Whether in the cloud or on-premise, you know that your secrets are safely stored behind hard gates that few people can access. It is not just a matter of common sense since it's also an essential compliance requirement for security audits and certifications. Developers working in your organization are well-aware that secrets should be handled with special care. They have put in place specific tools and procedures to correctly create, communicate, and rotate human or machine credentials. Still, do you know where your secrets are?...