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With the SaaS market on pace to grow by nearly 19 percent annually and become a $900 billion dollar industry by 2030, it’s easy to see why SaaS applications and ecosystems have become such attractive targets for bad actors to exploit.
Given today’s threat landscape, it’s no wonder that nearly 90 percent of enterprises are responding by making SaaS application protection a top priority for the foreseeable future, according to the Enterprise Strategy Group.
However, as every seasoned information security leader well knows, protecting SaaS applications and environments goes beyond fortification. As threats will continue exploiting human error to breach enterprise SaaS ecosystems, it’s imperative to invest in a robust incident response (IR) strategy.
Mounting an effective incident response starts by first ascertaining the extent of your SaaS surface area. Traditionally, many organizations have underestimated the scope and sprawl of their SaaS applications or the risks from interconnectedness. In fact, it’s estimated that 9000 applications on average have access to any given enterprise SaaS ecosystem.
To determine the extent of your SaaS exposure, take the following steps:
As your enterprise is likely subject to multiple internal and external compliance requirements, your next objective is implementing controls. Fortunately, many federal and state regulations are based on the Cloud Security Alliance’s Cloud Controls Matrix (CCM), making it a recommended resource for developing your framework.
Be certain to develop a process for continuously updating your controls, which enables you to stay current with regulatory changes. For example, today’s compliance trends are mandating the use of encryption and making breach notification requirements 72 hours, or less.
Next up is assessing how quickly you can respond to an incident. Naturally, the faster you can respond to a SaaS breach, the fewer damaging consequences you’ll have—and even the potential for avoiding them altogether. Your response speed will depend upon:
As the volume and intensity of IR challenges within today’s SaaS landscape continue to rapidly grow, leading enterprises are automating their SaaS IR practices end-to-end by adopting SaaS Security Posture Management (SSPM) solutions like Obsidian.
Both a proactive tool and a rapid response solution, Obsidian’s comprehensive SSPM platform helps streamline, simplify, and accelerate IR preparation, detection, and mitigation.
Developed and evolved in close partnership with leading enterprises, the mature machine learning-powered Obsidian platform combines data engineering, data science, and threat research to speed SaaS incident response times by 90 percent, on average. Here’s how:
By providing your security teams with real-time insights into activity within and across your SaaS ecosystem, Obsidian’s intelligent SSPM platform fundamentally reduces your risk from today’s advanced threats, while significantly accelerating your IR capabilities.
As you build out your enterprise SaaS security solutions, you can learn more about selecting an SSPM to improve your IR strategy by consulting the white paper Accelerating SaaS Incident Response: A Checklist for Success.