SaaS Security | Breaking Cybersecurity News | The Hacker News

SaaS services are one of the biggest drivers of OpEx (operating expenses) for modern businesses. With Gartner projecting $247.2 billion in global SaaS spending this year , it's no wonder SaaS budgets are a big deal in the world of finance and IT. Efficient SaaS utilization can significantly affect both the bottom line and employee productivity.  In this article, we'll break down this topic that sits at the intersection of finance and IT and walk through what SaaS budget planning is, why it matters, and how you can avoid common SaaS budgeting mistakes. Are you planning Your 2025 Budget? You're likely wasting 25% of your SaaS spend—ready to reclaim it? Start a FREE 14-Day SaaS Management Trial and Save 25% of Your 2025 SaaS Spend. What is SaaS budget planning? SaaS budget planning is the process of creating budget plans for SaaS expenses within an organization. The process typically involves collaboration between finance, IT, and SaaS application owners.  On the surface, ...

As technology adoption has shifted to be employee-led, just in time, and from any location or device, IT and security teams have found themselves contending with an ever-sprawling SaaS attack surface, much of which is often unknown or unmanaged. This greatly increases the risk of identity-based threats, and according to a recent report from CrowdStrike, 80% of breaches today use compromised identities, including cloud and SaaS credentials. Given this reality, IT security leaders need practical and effective  SaaS security solutions  designed to discover and manage their expanding SaaS footprint. Here are 5 key ways Nudge Security can help. Close the visibility gap Knowing the full scope of SaaS apps in use is the foundation of a modern IT governance program. Without an understanding of your entire SaaS footprint, you cannot say with confidence where your corporate IP is stored (Did someone sync their desktop to Dropbox?), you cannot make assumptions about your customer da...

Vulnerability Management (VM) has long been a cornerstone of organizational cybersecurity. Nearly as old as the discipline of cybersecurity itself, it aims to help organizations identify and address potential security issues before they become serious problems. Yet, in recent years, the limitations of this approach have become increasingly evident.  At its core, Vulnerability Management processes remain essential for identifying and addressing weaknesses. But as time marches on and attack avenues evolve, this approach is beginning to show its age. In a recent report, How to Grow Vulnerability Management into Exposure Management (Gartner, How to Grow Vulnerability Management Into Exposure Management, 8 November 2024, Mitchell Schneider Et Al.), we believe Gartner® addresses this point precisely and demonstrates how organizations can – and must – shift from a vulnerability-centric strategy to a broader Exposure Management (EM) framework. We feel it's more than a worthwhile read an...

There is one simple driver behind the modern explosion in SaaS adoption: productivity. We have reached an era where purpose-built tools exist for almost every aspect of modern business and it's incredibly easy (and tempting) for your workforce to adopt these tools without going through the formal IT approval and procurement process. But this trend has also increased the attack surface—and with it, the security and governance headaches that are still viewed as 100% the responsibility of IT and security teams. IT security leaders need scalable solutions for SaaS discovery and managing this ever-expanding attack surface. At the same time, their finance counterparts are seeking to cut technology spend (rather than salaries or headcount)—especially the low-hanging fruit of underutilized or over-deployed SaaS licenses, which Gartner estimates to be about  25% of all SaaS subscriptions . But, the key question is - where can you reduce your SaaS attack surface (and spend) without impa...

Recent supply chain cyber-attacks are prompting cyber security regulations in the financial sector to tighten compliance requirements, and other industries are expected to follow. Many companies still don't have efficient methods to manage related time-sensitive SaaS security and compliance tasks. Free SaaS risk assessment tools are an easy and practical way to bring visibility and initial control to SaaS sprawl and Shadow AI. These tools now offer incremental upgrades , helping security professionals meet their company budget or maturity level.  Regulatory pressure, SaaS and AI proliferation, and increased risk of breaches or data leaks through 3rd party apps, make SaaS security one of the hottest areas for practitioners to learn and adopt. New regulations will require robust third-party SaaS risk lifecycle management that begins with SaaS service discovery and third-party risk management (TPRM) and ends with the requirement from CISOs to report incidents in their supply ch...

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...