Home SAAS There isn't a administration in anyway with massive SaaS information volumes

There isn’t a administration in anyway with massive SaaS information volumes

Ever-increasing amounts of SaaS data are completely unmanaged, increasing the risk of both internal and external threats, according to a new report.

The report “Quantifying the Immense Risk of Unmanaged SaaS Data Access” from automated SaaS security firm DoControl found that approximately 40% of all SaaS assets are completely unmanaged.

For comparison: an average company with 1,000 employees stores between 500,000 and 10 million assets in SaaS applications. By not managing these assets, they may unwittingly allow up to 200,000 of these assets to be publicly shared, creating enormous potential for disaster.

To make matters worse, the number of these assets is growing rapidly as SaaS becomes increasingly popular. Gartner market analysts say global SaaS sales will grow nearly 38% and reach $ 140 billion by 2022.

Security risk

From all analyzed companies, an average of 400 encryption keys are passed on internally to everyone with a link. One fifth (20%) of SaaS assets are shared internally via a link, allowing employees to access data they shouldn’t, while 8% of employees share their corporate account assets with their personal account.

In addition, between 1,000 and 15,000 external employees and partners have access to company data. As supply chain attacks become more popular, third parties with access to corporate data become a burden.

After all, between 200 and 3,000 external companies have access to company resources, while 18% of SaaS application resources are shared externally and remain so after users are deleted.

For Adam Gavish, CEO and co-founder of DoContro, the Covid-19 pandemic forced many companies to work with external partners. SaaS apps were uniquely positioned to support collaboration in the “new normal”, but they also created “an ever-growing attack surface that requires attention to ongoing large-scale data access”.

And while IT security professionals have focused on making SaaS access possible in a secure manner, “now is the time to prioritize the relevance of that data access internally and externally,” Gavish concluded.

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