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New Guide Explains How to Eliminate the Risk of Shadow SaaS and Protect Corporate Data

New Guide Explains How to Eliminate the Risk of Shadow SaaS and Protect Corporate Data
May 03, 2024 SaaS Security / Browser Security
SaaS applications are dominating the corporate landscape. Their increased use enables organizations to push the boundaries of technology and business. At the same time, these applications also pose a new security risk that security leaders need to address, since the existing security stack does not enable complete control or comprehensive monitoring of their usage. LayerX has recently released a new guide, " Let There Be Light: Eliminating the Risk of Shadow SaaS " for security and IT teams, which addresses this gap. The guide explains the challenges of shadow SaaS, i.e., the use of unauthorized SaaS apps for work purposes, and suggests practices and controls that can mitigate them. The guide also compares various security controls that attempt to address this risk (CASB, SASE, Secure Browser Extension) and explains how each one operates and its efficacy. Consequently, the guide is a must-read for all security leaders at modern organizations. Here are the main highlights:

How to Accelerate Vendor Risk Assessments in the Age of SaaS Sprawl

How to Accelerate Vendor Risk Assessments in the Age of SaaS Sprawl
Mar 21, 2024 SaaS Security / Endpoint Security
In today's digital-first business environment dominated by SaaS applications, organizations increasingly depend on third-party vendors for essential cloud services and software solutions. As more vendors and services are added to the mix, the complexity and potential vulnerabilities within the  SaaS supply chain  snowball quickly. That's why effective vendor risk management (VRM) is a critical strategy in identifying, assessing, and mitigating risks to protect organizational assets and data integrity. Meanwhile, common approaches to vendor risk assessments are too slow and static for the modern world of SaaS. Most organizations have simply adapted their legacy evaluation techniques for on-premise software to apply to SaaS providers. This not only creates massive bottlenecks, but also causes organizations to inadvertently accept far too much risk. To effectively adapt to the realities of modern work, two major aspects need to change: the timeline of initial assessment must shorte

From 500 to 5000 Employees - Securing 3rd Party App-Usage in Mid-Market Companies

From 500 to 5000 Employees - Securing 3rd Party App-Usage in Mid-Market Companies
Mar 04, 2024 SaaS Security / Vulnerability Assessment
A company's lifecycle stage, size, and state have a significant impact on its security needs, policies, and priorities. This is particularly true for modern mid-market companies that are either experiencing or have experienced rapid growth. As requirements and tasks continue to accumulate and malicious actors remain active around the clock, budgets are often stagnant at best. Yet, it is crucial to keep track of the tools and solutions that employees are introducing, the data and know-how shared through these tools, and to ensure that these processes are secure. This need is even more pronounced in today's dynamic and interconnected world, where third-party applications and solutions can be easily accessed and onboarded. The potential damage of losing control over the numerous applications with access and permissions to your data requires no explanation. Security leaders in mid-market companies face a unique set of challenges that demand a distinct approach to overcome.  To begin

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websiteVantaCompliance / Security Audit
Learn how Vanta Trust Center can help provide real-time evidence for passing controls and automate responses to security questionnaires.

The Ultimate SaaS Security Posture Management Checklist, 2025 Edition

The Ultimate SaaS Security Posture Management Checklist, 2025 Edition
May 22, 2024SaaS Security / Threat Detection
Since the first edition of  The Ultimate SaaS Security Posture Management (SSPM) Checklist  was released three years ago, the corporate SaaS sprawl has been growing at a double-digit pace. In large enterprises, the number of SaaS applications in use today is in the hundreds, spread across departmental stacks, complicating the job of security teams to protect organizations against evolving threats. As SaaS security becomes a top priority, enterprises are turning to SaaS Security Posture Management (SSPM) as an enabler. The  2025 Ultimate SaaS Security Checklist , designed to help organizations choose an SSPM, covers all the features and capabilities that should be included in these solutions. Before diving into each attack surface, when implementing an SSPM solution, it's essential to cover a breadth of integrations, including out-of-the-box and custom app integrations, as well as in-depth security checks. While there are apps that are more sensitive and complex to secure, a breach c

6 Ways to Simplify SaaS Identity Governance

6 Ways to Simplify SaaS Identity Governance
Feb 21, 2024 SaaS Security / Identity Management
With SaaS applications now making up the vast majority of technology used by employees in most organizations, tasks related to identity governance need to happen across a myriad of individual SaaS apps. This presents a huge challenge for centralized IT teams who are ultimately held responsible for managing and securing app access, but can't possibly become experts in the nuances of the native security settings and access controls for hundreds (or thousands) of apps. And, even if they could, the sheer volume of tasks would easily bury them. Modern IT teams need a way to orchestrate and govern SaaS identity governance by engaging the application owners in the business who are most familiar with how the tool is used, and who needs what type of access.  Nudge Security is a  SaaS security and governance solution  that can help you do just that, with automated workflows to save time and make the process manageable at scale. Read on to learn how it works. 1 . Discover all SaaS apps used b

How Nation-State Actors Target Your Business: New Research Exposes Major SaaS Vulnerabilities

How Nation-State Actors Target Your Business: New Research Exposes Major SaaS Vulnerabilities
Feb 15, 2024 SaaS Security / Risk Management
With many of the highly publicized 2023 cyber attacks revolving around one or more SaaS applications, SaaS has become a cause for genuine concern in many boardroom discussions. More so than ever, considering that GenAI applications are, in fact, SaaS applications. Wing Security (Wing), a SaaS security company, conducted an analysis of 493 SaaS-using companies in Q4 of 2023.  Their study reveals  how companies use SaaS today, and the wide variety of threats that result from that usage. This unique analysis provides rare and important insights into the breadth and depth of SaaS-related risks, but also provides practical tips to mitigate them and ensure SaaS can be widely used without compromising security posture.  The TL;DR Version Of SaaS Security 2023 brought some now infamous examples of malicious players leveraging or directly targeting SaaS, including the North Korean group UNC4899, 0ktapus ransomware group, and Russian Midnight Blizzard APT, which targeted well-known organizat

Midnight Blizzard and Cloudflare-Atlassian Cybersecurity Incidents: What to Know

Midnight Blizzard and Cloudflare-Atlassian Cybersecurity Incidents: What to Know
Feb 13, 2024 SaaS Security / Data Breach
The Midnight Blizzard and Cloudflare-Atlassian cybersecurity incidents raised alarms about the vulnerabilities inherent in major SaaS platforms. These incidents illustrate the stakes involved in SaaS breaches — safeguarding the integrity of SaaS apps and their sensitive data is critical but is not easy. Common threat vectors such as sophisticated spear-phishing, misconfigurations and vulnerabilities in third-party app integrations demonstrate the complex security challenges facing IT systems. In the case of Midnight Blizzard, password spraying against a test environment was the initial attack vector. For Cloudflare-Atlassian, threat actors initiated the attack via compromised  OAuth tokens  from a prior breach at Okta, a SaaS identity security provider.  What Exactly Happened? Microsoft Midnight Blizzard Breach Microsoft was targeted by the Russian "Midnight Blizzard" hackers (also known as Nobelium, APT29, or Cozy Bear) who are linked to the SVR, the Kremlin's forei

The SEC Won't Let CISOs Be: Understanding New SaaS Cybersecurity Rules

The SEC Won't Let CISOs Be: Understanding New SaaS Cybersecurity Rules
Jan 31, 2024 SaaS Security / Regulations
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 apart. SaaS security leader  App

Why Public Links Expose Your SaaS Attack Surface

Why Public Links Expose Your SaaS Attack Surface
Jan 09, 2024 SaaS Security / Data Security
Collaboration is a powerful selling point for SaaS applications. Microsoft, Github, Miro, and others promote the collaborative nature of their software applications that allows users to do more. Links to files, repositories, and boards can be shared with anyone, anywhere. This encourages teamwork that helps create stronger campaigns and projects by encouraging collaboration among employees dispersed across regions and departments.  At the same time, the openness of data SaaS platforms can be problematic. A  2023 survey  by the Cloud Security Alliance and Adaptive Shield found that 58% of security incidents over the last two years involved data leakage. Clearly, sharing is good, but data sharing must be put in check. Most SaaS applications have mechanisms to control sharing. These tools are quite effective in ensuring that company resources aren't open for display on the public web. This article will look at three common data leakage scenarios and recommend best practices for safe sh

Top 7 Trends Shaping SaaS Security in 2024

Top 7 Trends Shaping SaaS Security in 2024
Dec 18, 2023 SaaS Security / Data Protection
Over the past few years, SaaS has developed into the backbone of corporate IT. Service businesses, such as medical practices, law firms, and financial services firms, are almost entirely SaaS based. Non-service businesses, including manufacturers and retailers, have about 70% of their software in the cloud.  These applications contain a wealth of data, from minimally sensitive general corporate information to highly sensitive intellectual property, customer records, and employee data. Threat actors have noted this shift, and are actively working to breach apps to access the data. Here are the top trends influencing the state of SaaS Security for 2024 — and what you can do about it.  Democratization of SaaS  SaaS apps have transformed the way organizations purchase and use software. Business units purchase and onboard the SaaS tools that best fit their needs. While this is empowering for business units that have long been frustrated by delays in procuring and onboarding software, i
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