The 2024 State of SaaS Security Report highlights the prevalence of risky external data sharing practices in SaaS applications. Nearly half of all external shares involve personal, non-corporate accounts, while 22% utilize unsecured links accessible to anyone. These practices bypass organizational oversight and create security risks. Additionally, 94% of external shares are inactive, with no recent usage by the external users, suggesting a lack of proper lifecycle management and stale permissions that could be exploited.
Recent, highly-publicized misconfigurations highlight the dangers of inadequate SaaS data protection. A Google Drive misconfiguration exposed sensitive data of one million people to anyone on the internet who stumbled upon the folder link. However, identifying and revoking risky data shares can be a time-consuming and resource-intensive task given the decentralized ownership of SaaS applications outside of the security team purview.
Valence provides a comprehensive SaaS security solution to mitigate risks associated with external data sharing across all business-critical SaaS applications such as OneDrive, SharePoint, Google Drive, Box and Dropbox. Our centralized platform identifies and helps eliminate risky external shares, including those with personal accounts or open links, files shared by offboarded users, and shares that are no longer used by the external collaborators. By leveraging zero-trust principles, Valence actively monitors user activities and access controls to identify oversharing and unnecessary permissions. Additionally, Valence simplifies lifecycle management by allowing users to directly remove idle shares or notify share owners. Combined, these capabilities help protect SaaS data across applications.
94% of external file shares are inactive, with no recent usage by the external users, indicating the importance of proper lifecycle management of shared data. Learn more about risky external data sharing.
Valence empowers you to identify and eliminate risky external data shares. Experience the power of SaaS lifecycle management. See how Valence can transform your SaaS data security posture.
Protect data by correcting over privileged access permissions
Automatically revoke idle, unused external data shares
Enable safe data sharing without heavy restrictions
Discover the breadth and extent of data sharing in your organization
Request business justification from employees sharing data
Identify broad permissions, like ‘anyone with the link’
Automatically clean up abandoned and idle data shares
Reduce the chance of data loss, misuse and abuse by external users
Identify and mitigate external data sharing risks with a free SaaS risk assessment. Discover unprotected data, personal account shares, and open link shares that will blow you away.