Obsidian Security Warns of Rising SaaS Threats to Enterprises

Obsidian Security Warns of Rising Saas Threats to Enterprises

Obsidian Security Warns of Rising SaaS Threats to Enterprises

Home » News » Obsidian Security Warns of Rising SaaS Threats to Enterprises
Table of Contents

SaaS environments are rising as an “unaddressed blind spot” in undertaking cyber safety for Australian and APAC organisations, in line with SaaS safety control company Obsidian Security. This factor is partly attributed to confusion across the shared accountability type in SaaS contracts.

In September, Obsidian Security, which introduced that it’s increasing operations throughout Australia and APAC, mentioned it expects a surge in native organisations re-evaluating their SaaS safety methods when they whole ongoing cloud safety evaluations.

Andrew Latham, who has joined Obsidian from Crowdstrike as senior gross sales engineer for Asia-Pacific and Japan, informed roosho that native organisations will have to transfer past paper checklists when assessing SaaS seller safety. He additionally famous many purchasers nonetheless misunderstand the SaaS shared accountability type.

SaaS device estates changing into ‘frontline for cyber threats’

SaaS assaults are emerging in frequency, Obsidian famous, and the results are rising extra serious. This yr’s breach at Ticketek, an Australian match ticketing corporate, noticed the information of 17 million other people turn out to be uncovered after a risk actor won get entry to to a third-party supplier.

“The implicit trust many organisations have in SaaS providers to configure applications for them often leaves sensitive data unknowingly exposed,” Chisholm mentioned. “Unawareness of the shared responsibility model can leave SaaS applications unsecured, posing a huge risk to businesses’ and individuals’ data.”

SEE: More than 3 in 4 tech leaders concern about SaaS safety threats

Latham mentioned SaaS seller possibility in Australia and APAC is analogous to different international markets.

“SaaS platforms are ubiquitous, with easy access from anyone or anything connected to the Internet,” he defined. “What we’re seeing globally is a shift away from complex attacks where endpoints are targeted to access and exfiltrate data, towards simpler attacks aimed at account takeover and data stored in SaaS Systems.”

Obsidian discovered that extra business-critical data is migrating to SaaS. While the collection of SaaS packages in use varies broadly, Productiv analysis estimated that businesses with fewer than 500 workers use a mean of 253 apps — emerging to 473 apps for firms with over 10,000 workers.

SaaS shared accountability type now not being assessed in-depth

Organisations incessantly misunderstand their position within the SaaS seller shared accountability type for safety.

Typically, SaaS distributors and consumers collaborate to verify powerful information safety. For instance, distributors is also accountable for underlying infrastructure safety, equivalent to information facilities, whilst consumers might essentially arrange sides like consumer get entry to control or utility configuration.

“Most organisations are in the process of securing their Infrastructure-as-a-Service real-estate as they move more workloads to the cloud,” Latham mentioned. “What most don’t realise is that there is a Shared Security Model that all cloud providers, including SaaS, implement.”

He added: “With IaaS, you can implement your own controls. However, with SaaS you cannot. There is a broad assumption the SaaS provider is taking care of the security of the customer data, but they often aren’t.”

Paper-based questionnaires now not sufficient to evaluate SaaS seller possibility

Paper-based questionnaires are incessantly used all over procurement to make sure SaaS distributors meet safety necessities. Latham mentioned those questionnaires would possibly not supply deep sufficient perception into how a SaaS supplier manages safety and protects towards dangers to information, equivalent to account takeovers.

SEE: Nearly a 3rd of businesses suffered a SaaS safety breach closing yr

“The biggest issue would be to understand that a paper-based questionnaire is not enough when assessing a new SaaS provider,” Latham mentioned. “Many recent high-profile breaches have been account takeovers. These kinds of attacks, in relation to the Shared Responsibility Matrix, are above the line where the SaaS vendor takes responsibility.”

SaaS provide chain possibility like ‘dark side of the moon’

Extended third- and fourth-party device provide chain possibility is commonplace within the SaaS marketplace.

Though organisations assess number one SaaS suppliers, those distributors incessantly combine with more than one SaaS distributors themselves in an advanced SaaS mesh, making it tricky to evaluate actual dangers to information.

“It’s analogous to the dark side of the moon,” Latham mentioned. “There is as much as 10 instances as a lot information switch going down between third- and fourth-party SaaS programs than there’s visual on the ‘front door.’

“While the supply chain might suggest a SaaS provider is a known supplier of services required to support the business, it’s all the unsanctioned integrations that are an issue,” he added.

These integrations can seem “innocent on the surface,” but if exploited can permit adversaries to exfiltrate SaaS information unbeknownst to the SaaS tenant.

“There are many examples where trusted integrations with third- and fourth-party SaaS vendors are abused, exposing data to unauthorised users,” Latham defined.

Obsidian Security expects center of attention on SaaS after cloud

Australian firms will also be grateful that, in contrast to in another portions of the arena, the marketplace has been in large part freed from SIM Swap assaults. These assaults happen when cyber criminals trick telecommunications firms into converting a sufferer’s cellular carrier to a SIM card that they regulate.

“ACMA’s [The Australian Communications and Media Authority] requirements for identity checks for telecommunications providers has all but eradicated SIM swapping attacks, which are still prevalent in other regions,” mentioned Latham.

However, the issue of SaaS safety stays, although Obsidian believes it is going to quickly turn out to be a focal point.

“In general, we see many Australian organisations have in-flight projects for IaaS workloads. Once completed, they’ll then look at SaaS. Other markets, like the US, are probably 18 months ahead, having finished their initial IaaS security projects and kicked off SaaS security projects,” Latham mentioned.

author avatar
roosho Senior Engineer (Technical Services)
I am Rakib Raihan RooSho, Jack of all IT Trades. You got it right. Good for nothing. I try a lot of things and fail more than that. That's how I learn. Whenever I succeed, I note that in my cookbook. Eventually, that became my blog. 
share this article.

Enjoying my articles?

Sign up to get new content delivered straight to your inbox.

Please enable JavaScript in your browser to complete this form.
Name