Why It Is Critical To Secure SaaS
Software as a Service (SaaS) is used today by almost every organization to power almost every aspect of their business. Mission-critical SaaS applications like Microsoft 365, Google Workspace, Salesforce, Github, Slack and Atlassian have become deeply ingrained in all facets of business operations, elevating productivity and efficiency. The SaaS cost-effective subscription or pay-as-you-go models make it easy to scale business systems and services, enabling organizations to do whatever they need from any web browser, on any device, anywhere in the world, to fuel their productivity, efficiency, and growth. Of course, these applications’ primary focus is not on securing SaaS data or user access, which is the responsibility of the customer.
Recent SaaS Breaches Highlight the Risks
SaaS applications are essential for businesses, but recent high-profile breaches demonstrate a critical truth: SaaS applications have become a prime target, but many security programs lack critical capabilities to properly protect and secure SaaS. These incidents exposed source code and sensitive customer data, disrupted operations, and led to reputation damage and lawsuits, highlighting the potential impact of SaaS security misconfigurations and weak points.
Recent highly-publicized SaaS breaches include:
A case management system used by Okta Support was breached and then used to launch other attacks on SaaS providers BeyondTrust, Cloudflare and 1Password.
Stolen third-party OAuth tokens were used to access GitHub repositories and download private data.
The ‘Midnight Blizzard’ attack against Microsoft exposed misconfigurations in MFA, overprivileged OAuth applications, and the creation of new identities to access corporate email accounts, targeting senior leadership and legal teams.
Attackers used stolen signing keys to forge Azure AD tokens and gain access to emails of Microsoft 365 customers.