Why SaaS Businesses Are Vulnerable to Cyber Threats

Software is a thriving industry to invest in; the world relies heavily on systems and technological tools. That said, SaaS businesses do experience heightened cyber vulnerabilities. Whether it’s because of the industry’s success or simply the reality of online operations, the truth is that these companies have targets on their backs.

As cybercrime advances, security investments are facing increasing strain. Securing SaaS in the age of AI is a particularly important consideration, as challenges are evolving rapidly. Here’s why SaaS is vulnerable to cyber threats and how protective investments, such as VPNs, can mitigate risk.

1. Centralised Access Creates a Large Attack Surface

Centralised access is outstanding for many reasons. It facilitates multi-user access, protects work in the event of a single device being compromised, and enables total geographical freedom. Yet it does come with its threats. It’s simple: a centralised access point creates a large attack surface.

Consider the Commvault’s breach, where attackers infiltrated the Microsoft 365 backup SaaS solution and compromised client data. All of this was possible because of a centralized entry point.

2. Misconfigurations & Weak Access Controls

The biggest threats to SaaS companies are misconfigurations and weak access controls. Yet with so much of their operations being digital, there’s naturally more room for error.

An insecure Application Programming Interface (API) or default permissions could let malicious users slip through undetected, wreaking havoc by accessing vulnerable data. Similarly, cloud misconfigurations, such as glitches or errors, could leave vulnerable entry points.

3. Supply Chain & Third Party Integration Risks

SaaS companies rely heavily on third-party APIs, integrations, and plug-ins. Think about it: if you offer software through a WordPress plug-in, and that third-party is compromised, your business is then at risk. It is essential to mitigate supply and third-party integration risks. Have a contractual agreement in place, and avoid rushed roll-outs.

4. The Rise of MaaS and AI Powered Attacks

Looking forward to what’s next in SaaS security, there’s an increasing risk of MaaS (Malware as a Service). These are professional kits that are sold and distributed to “customers” who then proceed to use them for hacking and malicious digital operations. In 2024, Darktrace found that MaaS accounted for 57% of threats, with AI-related phishing being a significant contributor to that spike. SaaS companies are at higher risk of facing these developments.

5. Secure Remote Access Using VPN

Ultimately, securing remote access is a priority. The easiest method of achieving that is by investing in a VPN for business. This software enforces encrypted access, segment SaaS workloads, and maintain that all-important digital security. Public networks remain a significant threat. For companies that rely on a remote or hybrid workforce, this is a crucial aspect of securing operations.

SaaS businesses occupy a uniquely vulnerable space in the current digital landscape. Be aware of these five risks and act promptly.

Author Profile

Adam Regan

Deputy Editor

Features and account management. 3 years media experience. Previously covered features for online and print editions.

Email Adam@MarkMeets.com