February 15, 2024 at 06:35AM
Wing Security’s analysis of 493 SaaS-using companies in Q4 2023 reveals the significance of SaaS-related risks following 2023’s cyber attacks. The report underlines the need for SaaS security measures, highlights common SaaS risks, and emphasizes the growing threat of supply chain attacks. It concludes with 8 ways to mitigate SaaS security challenges in 2024. For more details, download the full report.
Based on the meeting notes, here are the key takeaways:
1. SaaS security has become a major concern due to the increasing number and variety of cyber attacks targeting SaaS applications, including those leveraging AI capabilities. This has led to the concept of SaaS being the new supply chain.
2. Wing Security conducted a study revealing various SaaS-related risks, such as shadow SaaS, MFA bypassing, forgotten tokens, and the new risk of Shadow AI.
3. Organizations need to adopt SaaS security measures to mitigate supply chain risks and ensure safe SaaS usage. This includes ongoing shadow IT discovery and management, prioritizing the remediation of misconfigurations, optimizing anomaly detection, and monitoring all AI-using SaaS applications.
4. The full report provides detailed findings, tips on ensuring safe SaaS usage, and a 2024 SaaS security forecast, which can be downloaded for further insights.
Overall, the meeting notes emphasize the importance of understanding and mitigating SaaS-related risks to ensure secure SaaS usage within organizations.