SaaS Management | 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, ...

It may come as a surprise to learn that 34% of security practitioners are in the dark about how many SaaS applications are deployed in their organizations. And it's no wonder—the recent AppOmni 2024 State of SaaS Security Report reveals that only 15% of organizations centralize SaaS security within their cybersecurity teams. These statistics not only highlight a critical security blind spot, they also point to the fact that organizational culture is often overlooked as a driving factor behind these risks. As SaaS environments become more decentralized, the lack of clarity around roles and responsibilities is leaving companies exposed.  Most security teams focus solely on technical matters, often overlooking how their company's culture—its everyday practices, attitudes, and default policy enforcement processes—shapes their organization's security posture. Overconfidence, unclear responsibilities, and a lack of continuous monitoring can lead to SaaS security breaches. Let's exami...

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...