From 500 to 5000 Employees – Securing 3rd Party App-Usage in Mid-Market Companies

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From 500 to 5000 Employees – Securing 3rd Party App-Usage in Mid-Market Companies

A company’s lifecycle stage, size, and state have a significant impact on its security needs, policies, and priorities. This is particularly true for modern mid-market companies that are either experiencing or have experienced rapid growth. As requirements and tasks continue to accumulate and malicious actors remain active around the clock, budgets are often stagnant at best. Yet, it is crucial to keep track of the tools and solutions that employees are introducing, the data and know-how shared through these tools, and to ensure that these processes are secure.
This need is even more pronounced in today’s dynamic and interconnected world, where third-party applications and solutions can be easily accessed and onboarded. The potential damage of losing control over the numerous applications with access and permissions to your data requires no explanation. Security leaders in mid-market companies face a unique set of challenges that demand a distinct approach to overcome.
To begin mitigating the risks associated with third-party applications, one must first understand the fundamental premise behind these risks.
Ensuring employees are onboarding, connecting and using applications safely, without whitelisting, spending valuable resources, or going on a wild goose chase may seem like a daunting task. Tackling this challenge starts with understanding two important characteristics of modern SaaS security:
Unlike very small companies that have yet to establish their security needs or large corporations that have vast security resources, mid-market-sized companies find themselves with a unique set of needs. Traditionally, SaaS security solutions have been designed with large enterprises in mind, offering a level of complexity and resource demand that is unfeasible for mid-market companies. This misalignment leaves a considerable portion of the market vulnerable as these businesses struggle to find security solutions that are both effective and scalable to their specific operational models. So what can be done with limited resources and high expectations? There are many SaaS security solutions in the market today, and choosing the right one for your organization can be a very confusing task. Here are a few things to consider:
In the realm of mid-market businesses, the deployment of SaaS applications brings forth significant security challenges. Recognizing this, Wing Security has developed a tiered product approach designed to address these challenges head-on. By leveraging automation, their solutions aim to reduce labor costs and align with mid-market budgets, effectively managing the decentralized issue of negligent insider SaaS usage with minimal management time required—less than 8 hours per month. This strategy implies that CISOs can efficiently mitigate critical SaaS security risks without the need for additional resource allocation, thus saving considerable man-hours.
As mid-market companies continue to evolve and more deeply integrate SaaS applications into their operational frameworks, the imperative for scalable and effective security solutions becomes more pronounced. Wing Security’s introduction of solutions tailored to the unique needs of these companies represents a pivotal advancement in narrowing the gap between the growing demand for SaaS security and the availability of accessible, effective solutions for the mid-market. Emphasizing automation and comprehensive coverage, Wing Security addresses the distinct challenges presented by today’s digital landscape, enabling mid-market companies to secure their SaaS applications without sacrificing efficiency, scalability, or valuable resources.
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