Why SaaS Companies Need Cybersecurity Solutions
Given their reliance on technology to generate revenue, the security and availability of web applications is of utmost importance for cybersecurity for saas companies. The cybersecurity landscape is constantly evolving, and technological organizations must keep up with the latest threats in order to protect their customers and operations. Additionally, SaaS organizations must comply with a variety of cybersecurity regulations in order to protect their customers’ data and acquire new business partners. By investing in cybersecurity solutions, SaaS organizations can help protect their revenue streams and reputation, while staying competitive in their market.
Web-based Attacks
43% of all attacks on SaaS applications are Web-based attacks. Hackers use these to circumvent security measures on websites and applications by altering the way it handles user input and communicates data to the server. The most common web-based attacks are SQL injection and cross-site scripting (XSS).
DoS Attacks
The average Denial of Service attack against a SaaS company lasted for 12 hours and caused $1.6 million in damages. Hackers use these methods to prevent legitimate users from accessing a SaaS application by flooding it with traffic. This can cause significant financial losses and reputational damage.
Data Breach
The average cost of a data breach for a SaaS company was $4.2 million in 2021. Data breaches are expected to continue to rise in 2022, as more companies move to SaaS-based applications.
They Key Cybersecurity Challenges of SaaS Companies
- Hiring qualified cybersecurity expertise internally
- Training employees on cybersecurity risks
- Keeping up with the complexity of web-based security vulnerabilities
- Complying with cybersecurity standards and third-party requests
- Conducting frequent cybersecurity testing with limited resources
- Striking a blance between innovation and secure application development
How We Help Technology & SaaS Stay Secure & Compliant
Application Security
Conduct expert-led penetration testing to identify vulnerabilities in your SaaS
IaaS, PaaS, SaaS, iOS & Android applications, etc.
PCI-DSS COMPLIANCE
Test your card-processing systems to comply with the PCI-DSS penetration testing requirements
Payment processing API, transactional application, etc.
COMPLIANCE SERVICES
Achieve and enforce compliance with various standards efficiently and with minimal overhead
PCI-DSS, GDPR, SOC 2, CCPA, NYDFS 2300, SOX, HIPAA, etc.
NETWORK SECURITY
Simulate real-world cyberattacks on your corporate network and secure your assets
Internal network, external network, wireless network, etc.
WHAT OUR CUSTOMERS SAY
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