Security News
IBM has quietly announced a plan to turn one of its security software bundles into a software-as-a-service. About two-thirds of the way down this week's list is a declaration titled: "Statement of direction: IBM plans to launch IBM Cloud Pak for Security software as a service offering."
McAfee announced the expansion of its MVISION portfolio with three all-in-one software-as-a-service solution offerings - McAfee Device-to-Cloud suites. All three suites include McAfee MVISION Insights, the industry's first proactive and actionable threat posture capability that prioritizes risk, predicts the success of countermeasures and prescribes remedial actions.
A rise in SaaS adoption is prompting concerns over operational complexity and risk, a BetterCloud report reveals. With SaaS on the rise, 49 percent of respondents are confident in their ability to identify and monitor unsanctioned SaaS usage on company networks-yet 76 percent see unsanctioned apps as a security risk.
The investment will be used to significantly scale the company through rapid expansion into the mission-critical SaaS applications market, starting with protection and compliance for Salesforce and SuccessFactors applications. This new support for mission-critical SaaS applications enables Onapsis to execute its vision of protecting the intelligent enterprise and accelerating digital transformation initiatives by delivering cybersecurity and compliance solutions for all mission-critical applications running on-premises and hosted on cloud Infrastructure as a Service, Platform as a Service and Software as a Service, as well as the API-based integrations between them.
The problem is that even with the built-in security controls, organizations still experience security breaches due to misconfigurations in their SaaS applications. Cloud Access Security Brokers address security issues in SaaS applications.
More attention should be dedicated to strange login times and locations so that cloud and SaaS account compromises do not result in company-wide damage. Since the unusual login location was accompanied by an unusual login time, the actions triggered a deeper analysis from my team.
Software-as-a-Service security platform provider ReliaQuest announced on Tuesday that it has raised more than $300 million in a growth funding round led by global investment company KKR. Ten Eleven Ventures and Brian Murphy, ReliaQuest's founder and CEO, also took part in the funding round. ReliaQuest has developed GreyMatter, a cloud-native SaaS platform that is designed to help enterprises gain more visibility into their on-premises and cloud environments by collecting and analyzing data from their existing cyber solutions.
With $4 million in seed funding, Adaptive Shield this week emerged from stealth mode to automate the security of software-as-a-service applications. SaaS security configuration errors, the company claims, could result in catastrophic and costly data breaches, and errors are the second largest cause of data breaches, with misconfigurations being the most common, according to Verizon's 2020 DBIR. Adaptive Shield, which already has customers among Fortune 500 companies, says the SaaS setting errors it has identified were exposing organizations to one-click compromise, and claims it can quickly address the problem of poorly configured SaaS apps.
Polyrize announced its SaaS-based security platform. "The push to remote work has driven home the fact that identity is the new perimeter, and Polyrize is proud to be the first solution to offer identity privileges and access security to solve for fragmentation across the cloud."
Platform9 announced key additional building blocks in delivering the next generation SaaS managed Kubernetes experience. New features include the industry's first managed Calico networking with API access, an application wizard for automated deployment of bare-metal Kubernetes clusters, and enhanced cluster monitoring and observability that provide better insights into all aspects of cluster behavior.