The rise of SaaS (Software-as-a-Service) applications has revolutionized how businesses manage and deliver services. To stay ahead of the competition, companies need to be aware of the risks associated with SaaS applications and how to reduce them. Spin Security recently released their “SaaS Application Risk Report”, which provides invaluable insight into SaaS security. Here are the top three takeaways from the report.
1. The Security Gap is Growing
The first major takeaway from the report is that the security gap between what companies believe is secure and what is actually secure is getting wider. Companies have assumed that having a “secure” SaaS solution was enough to stay ahead of attackers, but the report found that more than 65% of SaaS applications have exploitable security flaws.
It also found that many organizations are not equipped to respond to security incidents, further exacerbating the security gap. The report concluded that companies need to ensure that their SaaS applications have integrated security controls and that they regularly review the security of their applications to ensure they are protected.
2. Security is Everyone’s Responsibility
Another key takeaway from the report is that security is everyone’s responsibility. While most organizations have dedicated security teams, the report found that the burden of security can’t be placed solely on the security team. Everyone in the organization should be aware of the risks associated with SaaS applications and how to reduce them.
The report recommended that companies provide security training to all employees and implement security policies. It also suggested conducting regular audits of SaaS usage to ensure that all applications are secure. Organizations should also have clear processes in place for responding to security incidents.
3. Security Should be Automated
The last major takeaway from the report is that security should be automated. According to the report, manual processes don’t scale. Companies need to have automated security testing and monitoring processes in place to ensure that their SaaS applications are secure.
The report suggested that companies use an automatic application security testing (AST) solution to continuously monitor their SaaS applications for security flaws. This way, companies can quickly detect any security issues and take action to fix them before they become a major issue.
The Spin Security “SaaS Application Risk Report” provides invaluable insight into SaaS security. Organizations need to be aware of the security risks associated with SaaS applications and how to reduce them. The report highlighted that the security gap between what companies believe is secure and what is actually secure is getting wider, security is everyone’s responsibility, and security should be automated. Share this article on your social media channels to spread the word and help keep companies safe!