Software as a Service | Breaking Cybersecurity News | The Hacker News

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 practic...

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 onboardi...

Wing Security recently announced that basic third-party risk assessment is  now available as a free product . But it raises the questions of how SaaS is connected to third-party risk management (TPRM) and what companies should do to ensure a proper SaaS-TPRM process is in place. In this article we will share 5 tips to manage the third-party risks associated with SaaS, but first...  What exactly is Third-Party Risk Management in SaaS? SaaS is rapidly growing, offering businesses convenience, swift implementations, and valuable opportunities. However, this growth introduces a security challenge where risks arise from the interconnected nature of SaaS supply chains. It is clear that before onboarding a new contractor or vendor, we need due diligence, security checks, and referrals. However, we now understand that in the SaaS domain, applications are, in fact, the go-to vendor of choice.  Let's explain: Any employee can very easily connect SaaS vendors to company data, gr...

A newly released report by cybersecurity firm CTM360 reveals a large-scale scam operation utilizing fake news websites—known as Baiting News Sites (BNS)—to deceive users into online investment fraud across 50 countries. These BNS pages are made to look like real news outlets: CNN, BBC, CNBC, or regional media. They publish fake stories that feature public figures, central banks, or financial brands, all claiming to back new ways to earn passive income. The goal? Build trust quickly and steer readers toward professional-looking scam platforms like Trap10, Solara Vynex, or Eclipse Earn. Scammers use sponsored ads on Google, Meta, and blog networks to push traffic to these sites. Ads often carry clickbait headlines—"You won't believe what a prominent public figure just revealed"—paired with official photos or national flags to make them feel legit. Clicking the ad directs users to a fake article, which then redirects them to a fraudulent trading platform. Many of these scams follow a...