Why risk managers need to address SaaS security

04/17/25 at 03:00 AM

Why risk managers need to address SaaS security 
Risk Management; by Chithra Rajagopalan; 4/15/25 
As organizations increasingly adopt cloud-based software-as-a-service (SaaS) apps that store and handle sensitive and proprietary company data, cybersecurity risks have quickly become direct financial concern. The stakes around SaaS have never been higher—today, current spend on SaaS tools like Workday, Google Workspace and ServiceNow is in the hundreds of billions, or approximately $8,700 per employee. ...

Eight Key Considerations for Risk and Finance Leaders

  1. SaaS app inventory: ...
  2. User privileges: ...
  3. Authentication use: ...
  4. Change management: ...
  5. Integration management: ...
  6. Breach detection and response: ...
  7. Compliance monitoring: ...
  8. SaaS procurement: ...
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