CISO Guide to SaaS Security
CISO Guide to SaaS Security
SaaS Security
In today's digital landscape, the role of a Chief Information Security Officer (CISO) is becoming more
and more important as the dynamic landscape of cybersecurity threats has come to affect almost all
aspects of business. This guide seeks to give an overview of the current security threat environment
and introduce the key steps that CISOs can take in selecting an SSPM vendor and creating a
comprehensive security defense plan.
The year 2023 has seen an increase in attacks of all kinds. The Cloud Security Alliance reports that 55% of the
1130 organizations surveyed in 2023 reported a breach in the past two years, and another 12% also confirmed the
possibility of having been breached (p. 3).1 Additionally, IBM Security pinpoints the cost of a data breach in 2023 at
USD 4.45M, a 2.3% hike from the 2022 Numbers (p. 5).2 Verizon also signals a concerning upward trend in attacks,
noting that “74% of all breaches include the human element, with people being involved either via Error, Privilege
Misuse, Use of stolen credentials or Social Engineering,” while 83% of 2022-23 breaches involved an external actor
perpetrating an attack from outside the organization (p. 8).3
In this context, for the past few years, Security Service Posture Management (SSPM) has emerged as a cornerstone
of present and future cloud security, strengthening both proactive and reactive security capabilities. A subset of the
broader cloud security framework, SSPM is an API-based solution that connects to a company’s SaaS applications
and investigates misconfigurations, access and account identity, while providing malware and ransomware
protection.
1 State of SaaS Security: 2023 Survey Report. (n.d.). CSA. Retrieved December 14, 2023, from https://cloudsecurityalliance.org/artifacts/state-of-
saas-security-2023-survey-report/
2 Cost of a data breach 2023 | IBM. (n.d.). www.ibm.com. Retrieved December 14, 2023, from https://www.ibm.com/account/reg/us-en/signup?
formid=urx-52258
3 Verizon. (2023). 2023 Data Breach Investigations Report. Verizon Business. https://www.verizon.com/business/resources/reports/dbir/
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CISO Guide to SaaS Security
While SSPM helps companies analyze data, ensure continuous monitoring, identify patterns, and react to anomalies,
it also helps them be proactive and prepare for future attack scenarios. To reduce the attack surface and minimize
the future possibility of a breach, SSPM also provides an inventory of best practice solutions for regulatory
compliance and a record of tactics, techniques and procedures (TTPs) to create security policies. In addition,
to make both proactive and reactive decisions efficiently, the security team has quick access to dashboards and
reports. As a result of all these advantages, SSPM has been constantly growing in importance for the past few years
and has become a must-have for companies that want to have a solid risk-management strategy and a real-time
overview of their SaaS environment and of all their connected applications, including third-party ones.
At its core, SSPM modernizes cloud protection and ensures a future where risk is manageable. SSPM represents
an investment, but it also represents an insurance policy, where companies are making an investment in their SaaS
applications to decrease their attack surface and reduce the likelihood of future exposure. An SSPM investment is
worth the upfront cost when taking into account long-term breach costs.
In their 2023 report, IBM Security traces a direct correlation between cost and length of days before discovering a
security breach. Automation is part of the offerings of many SSPM solutions. For example, SSPM is most effective
when it includes AI solutions and advanced threat analytics that use deep learning to identify and analyze anomalies,
where people and machines behave in unexpected/atypical ways. Extensive use of AI security solutions has proven
very effective in identifying and containing data breaches. For example, IBM Security estimates that an organization
using AI and automation through several tools that are integrated at the operational level saves about 108 days
experiencing an attack, by discovering it faster (p. 51).4 This translates to savings of approximately USD 1.8M for
these companies, an almost 40% difference when compared with companies that did not use any AI or automation
(p. 52).5
The year 2023 has witnessed an intensified focus on SSPM, not only due to the escalating sophistication of cyber
threats, but also due to increased regulatory scrutiny. As a result, companies are grappling with achieving a delicate
balance between satisfying their users’ requirements for convenience and simplicity, and the implementation of
stringent security protocols, such as the ones related to personally identifiable information (PII) (p. 19).6 Overall,
compliance frameworks and regulations governing data protection are shaping the direction of SSPM strategies.
In addition, as data sovereignty and privacy concerns become paramount, companies are compelled to tailor their
SSPM practices to align with regional and global regulatory requirements.
4 Cost of a data breach 2023 | IBM. (n.d.). www.ibm.com. Retrieved December 14, 2023, from https://www.ibm.com/account/reg/us-en/signup?
formid=urx-52258
5 Ibid.
6 Verizon. (2023). 2023 Data Breach Investigations Report. Verizon Business. https://www.verizon.com/business/resources/reports/dbir/
7 Cost of a data breach 2023 | IBM. (n.d.). www.ibm.com. Retrieved December 14, 2023, from https://www.ibm.com/account/reg/us-en/signup?
formid=urx-52258
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CISO Guide to SaaS Security
How to align SaaS security strategy with the broader business objectives of a company?
SaaS security used to be relegated to the IT team. However, SaaS security has come to affect many aspects of a
company’s growth, some softer ones, such as influencing customer trust, reputation and brand, or other ones with
direct impact, such as costs associated with disrupting operations or supply chains, raking up insurance costs,
losing intellectual property, or forsaking partner and investor confidence. These aspects make it so that the
responsibility and the benefits of an effective SaaS security is shared, which in turn, requires that CISOs have a seat
at the table when making decisions about business priorities, objectives, and the respective allotted budget.
7Cost of a data breach 2023 | IBM. (n.d.). www.ibm.com. Retrieved December 14, 2023, from https://www.ibm.com/account/reg/us-en/signup?
formid=urx-52258
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CISO Guide to SaaS Security
Configuration management
SSPM helps the security team keep up to date with monitoring and security updates of SaaS applications,
identities, and data within the Security infrastructure. Once a security baseline is established, SSPM solutions
will help the security team oversee configuration settings and will enable them to get alerts as to any deviations
from the baseline in order to monitor and control configuration drifts and detect any other configuration-related
vulnerabilities. Configuration drifts occur when changes are made to the system outside of the established
processes, and it can occur for various reasons. Manual posture checks across complex systems is slow, takes
a lot of time and is prone to human error. So, possibly the most appealing aspect of SSPM solutions is that it
includes AI and automation for continuous configuration checks. With AI, configuration management can be
automated to correct configurations when deviations are detected, or to revert them back to the baseline.
Prioritized alerts provide the ability to develop responses to insider threat, account takeover, or ransomware. They
also facilitate the development of an incident response plan specific to SaaS applications that should outline the
steps to be taken in the event of a security breach, including communication protocols and mitigation strategies.
From there on, continuously updating the plan based on the nature of the prioritized alerts received should be easy.
Data privacy
A state-of the art SSPM solution will not increase your attack surface because it does not get access to your actual,
proprietary data, but only ingests and analyzes your metadata. Examples of metadata are identification data about
your assets and devices and their physical location on the network, user access permissions, or data about the
settings of devices and applications and the infringement of set rules and policies that may indicate high-risk
behavior from various internal or external actors.
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CISO Guide to SaaS Security
Automation capabilities
With the persistent evolution of the threat landscape, security professionals are adopting proactive approaches to
SSPM, emphasizing real-time monitoring, adaptive controls, and threat intelligence integration. Automation is key,
where topmost companies leverage artificial intelligence and machine learning to detect anomalous activities and
respond to potential security incidents with utmost expediency. Of vital importance is the automation of the
monitoring of incorrectly configured SaaS-based applications that expose applications and
Scalability
Companies need to select an SSPM partner that can grow and evolve with them. Robust SSPM solutions take into
account how a company’s application footprint will grow and they allow the company to scale ahead.
Evaluate reputation
To a certain extent, an SSPM’s vendor reputation directly correlates with their reliability, and as the best SSPM
partnerships are long-term – reliability is one of the key features a company should look for in a vendor.
As part of the RFP process, companies should research the finalists’ reputation by looking at their experience,
customer reviews, and their commitment to regular updates and improvements.
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CISO Guide to SaaS Security
Reco
Reco is a leading SaaS security solution that is redefining the way enterprises secure their SaaS environment by
taking an identity-first approach to SaaS Security Posture Management (SSPM). Connecting in minutes via API, Reco
discovers every app, its users, and their actions to seamlessly prioritize and control the risks in the SaaS ecosystem.
Reco can help CISOs to provide the right tools to their security, engineering, and IT teams to prevent the risk
of exposure to breaches, by understanding their SaaS applications and identities, while controlling access and
permissions. Reco uses advanced analytics around persona, actions, interactions and relationships to other
users to identify suspicious human behavior patterns. It also enables alerts on exposure from misconfigurations,
over-permission users and compromised accounts.
With Reco, security teams have the insight they need to take swift action to mitigate risk and the right advisors that
can accompany you on your growth path.
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CISO Guide to SaaS Security
Starting point
Asking questions constitutes the foundation of your plan to build out your security strategy. As cloud environments
have a complex and constantly-changing threat landscape, a few helpful questions to consider as you start
investigating an SSPM solution are:
Where does my SaaS security journey begin?
What is my SaaS security’s end goal?
Has SaaS changed or have security priorities changed?
How do I align my SaaS security strategy with the broader business objectives of my company?
Should I invest in AI as part of my SaaS security strategy?
In conclusion, a comprehensive Security and Service Performance Management (SSPM) solution checklist serves as
a vital tool for CISOs in their search to fortify their cybersecurity and optimize service delivery. On this journey, Reco
can serve as your advisor and partner.
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