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Securing Third-Party SaaS Solutions for Mid-Market Companies

In today's business environment, third-party applications or Software as a Service (SaaS) solutions are becoming increasingly popular among mid-market companies. While these solutions offer several benefits, such as cost-effectiveness and ease of use, they also create complex security challenges that need to be addressed.

Security leaders in such companies face unique security challenges that require a distinct approach to overcome. With the accumulation of tasks and requirements and the increasing activity of malicious actors, security budgets often need to grow. Nevertheless, keeping track of the tools and solutions that employees use and the data and know-how shared through them is essential while ensuring that these processes remain secure.

One of the significant risks associated with third-party applications is that they may not be secure and might compromise a company's data security. Therefore, it is crucial to ensure that third-party applications are safe and that the company has control over the data shared through them.

Providing a seamless and secure onboarding to employees without spending excessive resources, whitelisting, or going through a long and frustrating process can be a challenging task. However, the key to tackling this challenge is understanding two crucial characteristics of modern SaaS security.

Firstly, modern third-party applications are now SaaS applications, and employees can easily access and onboard them without going through the IT department. Secondly, managing SaaS usage manually is not feasible for mid-sized companies.

To overcome these challenges, companies need to have robust security measures in place to protect their data, as well as policies and procedures for onboarding and managing SaaS applications. By taking a proactive approach to SaaS security, businesses can reap the benefits that these tools have to offer while minimizing risk and ensuring that their data remains secure.

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