Top 7 Trends Shaping SaaS Security in 2024

Top 7 Trends Shaping SaaS Security in 2024

December 18, 2023 at 10:39AM

SaaS has become crucial for corporate IT, with service businesses almost entirely reliant on it. However, this shift has attracted threat actors. Trends for 2024 include democratization of SaaS, the importance of ITDR, cross-border compliance, misconfiguration risk, third-party app reliance, and remote device security. SSPM tools like Adaptive Shield are essential for securing SaaS.

Based on the meeting notes provided, here are the key takeaways:

1. **Democratization of SaaS:**
– Organizations need to rethink their approach to securing data as different business units independently procure and onboard SaaS tools.
– Security teams must find new ways to collaborate with business units and seek a tool that offers visibility and guidance for each application setting.

2. **ITDR Forms a Critical Safety Net:**
– Identity is the de facto perimeter for SaaS applications, and Identity Threat Detection & Response (ITDR) helps mitigate threats by detecting tactics, techniques, and procedures (TTPs) and indicators of compromise (IoCs).

3. **Cross-Border Compliance Means More Tenants to Secure:**
– Global companies are facing different regulatory requirements, leading to an increase in geo-specific tenants as part of data segmentation efforts.
– Security teams need a solution that allows them to set app benchmarks, compare tenants, and display security settings side-by-side without incurring additional costs for each tenant.

4. **Misconfigured Settings Are Leading to New Exploits:**
– Organizations need to secure misconfigurations to prevent data leaks and potential fines resulting from exploits.

5. **Increased Reliance on Third-Party Applications Adds to SaaS Risk:**
– The use of third-party applications is increasing, and security teams must gain visibility and insights into the permissions and risks associated with integrated apps.

6. **Multiple Devices to Secure as Working from Home Isn’t Going Anywhere:**
– With the continued prevalence of remote work, security teams must address the concern of users accessing SaaS applications from personal devices that may pose security risks.

7. **Organizations Are Turning to SSPM to Secure SaaS:**
– SaaS Security Posture Management (SSPM) tools, coupled with ITDR capabilities, can help fully secure the SaaS stack by monitoring configurations, detecting and monitoring third-party applications, and more.

Feel free to reach out if you need further insights or summaries from meeting notes.

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