SaaS Alerts is very excited to announce our new partnership with TAG, an organization of leading managed technology services providers representing $700 million in annual sales. The SaaS Alerts team is looking forward to meeting with TAG Members and helping them add SaaS security monitoring to their portfolio of cyber tools to win more deals and add more value to their client relationships.
Reveals SaaS Application Security Insights via Analysis of 15+ Million SMB SaaS Application Events
Report identifies key areas where MSPs should focus SaaS Security efforts by analyzing trends and activities of over 15M SaaS App events and the anonymized application security records for over 750 small-to-mid sized businesses and more than 30,000 end-users.
Wilmington, NC (June 22, 2021) – SaaS Alerts, the cybersecurity company purpose-built for MSPs to protect and monetize their customers’ business SaaS applications, today released the results of its first-ever SASI (SaaS Application Security Insights) Report. The report, scheduled to be released semi-annually, reveals a shocking trend of over 3,000 Brute Force Attacks per day [against the current SMBs being monitored by the platform] and sheds light on risky file-sharing behavior and the top countries where bad actors are originating their attacks on SMBs.
During the period dating January 1st to May 31st, 2021, SaaS Alerts monitored over 15M events and gathered and analyzed anonymized SaaS application security records for over 750 small-to-mid sized businesses and more than 30,000 end-users.
Access and visibility into this unique dataset provides SaaS Alerts a comprehensive and timely view of the current state of SaaS Application Security within the SMB market – and more specifically, within SMBs who are served by MSPs.
Additionally, the report provides insight into how MSPs are currently pricing and marketing their new SaaS Security Monitoring services.
“Overall, the findings in our first-ever SASI report emphasize that MSPs need to reassess their security posture when it comes to protecting their customers’ SaaS Applications. We believe that sharing this data will help MSPs to identify strategies and develop new processes to manage customer security in a data environment now increasingly dominated by off-premise resources,” said Jim Lippie, CEO for SaaS Alerts. “Our goal is to continue to share this critical information in the hopes that together with our MSP Partners, we can better navigate the current cybersecurity threat landscape and enhance our understanding to better combat the risks that lie ahead.”
With this inaugural edition of the report, SaaS Alerts has now made a commitment to release its findings twice a year – and as the platform grows to include more users, these insights will become increasingly more valuable and give MSPs a more comprehensive view of the SMB threat landscape.
Businesses of all sizes are now shifting to SaaS applications and away from locally installed applications. Naturally, at the same time, the data environment is also shifting – from local devices and network servers to Cloud-based data creation and storage.
This transition requires that technology service providers reconsider the notion of protecting users and networks and reimagine how they think about users and how they follow user behavior. This is accomplished by understanding how user negligence impacts a company’s security posture while also appreciating how bad actors are able to compromise SaaS environments.
In the first half of 2021, SaaS Alerts saw an average of 3,000 brute force attacks per day leveraged against 750+ small businesses while also uncovering a significant attack vector stemming from common user behaviors such as neglectful file-sharing practices and using M365 and Google Workspace credentials for authenticating third-party integrated applications.
These threats will not just go away, they will continue as the data in SaaS applications is valuable to bad actors and their attacks are successful enough to warrant continued effort. Meanwhile, end users will continue to take shortcuts, share anonymous files and bypass safeguards in the name of convenience and increased productivity. As a community of technology professionals, with the right tools and a commitment to regular hygiene, many of these risks can be mitigated.
The SASI Report analyzes the current threats, trends and activities of SaaS Application users and provides valuable insights to help MSPs protect the companies who they serve.
Report analysis was carried out using proprietary anonymized data gathered via the usage of SaaS Alerts pursuant to its Master Services Agreement. This and other data is used by SaaS Alerts to identify security and access trends in order to further advance its product and offerings and in order to meet the needs of its growing MSP partner community and the end customers who they serve. User and business information is anonymized to protect corporate and individual usage data.
For more details and to download a complimentary version of the report, visit: https://saasalerts.com/sasi-report/
About Saas Alerts:
SaaS Alerts is the cyber security company purpose-built for MSPs to protect and monetize customer core SaaS business applications. SaaS Alerts offers a unified, real-time monitoring platform for MSPs to protect against: data theft, data-at-risk and bad actors and integrates with the most popular SaaS Applications. Learn more at www.saasalerts.com.
VP, Business Development
SaaS Alerts, Inc.
SaaS Alerts is proud to team up with our friends at Auvik along with 17 other amazing co-sponsors to bring you a month of summer prize giveaways! Starting today, you can sign up for the Auvik #TreatWave for a chance to win 22 days of prizes in July.
How it works
- Auvik is offering one giveaway each day Monday through Friday for the entire month of July.
- Make sure to sign up early, so you’re eligible for all 22 prize drawings.
- Auvik will fulfill all the prizes on an as-winner basis.
by Joe Panettieri • Mar 15, 2021
SaaS Alerts, led by CEO Jim Lippie, raises $1.2 million in early stage funding from Gary Pica, David Bellini & additional MSP industry pioneers.
SaaS Alerts Announces Completion of Funding Round Led by Some of the Biggest Names in the MSP Industry
Dream-team of MSP veterans validates need for cybersecurity platform purpose-built for MSPs to protect and monetize customer SaaS applications
March 16, 2021 – Wilmington, NC – SaaS Alerts, the cybersecurity company purpose built for MSPs to protect and monetize their customers’ business SaaS applications, announced today that it has closed a round of funding totaling $1.2 Million. Most notably, the round was led by MSP industry veterans including Gary Pica, David Bellini, Adam Slutskin, Paul Cissel, Pete Peterson, Kevin Lancaster, Paul Brady, John Barrows and Michael France.
“The technology landscape has been evolving for a while, but the rate of change has been hastened by the pandemic. Now more than ever, MSPs need to realize the importance of protecting the SaaS applications which they and their customers use daily. Based on this transformation, I feel like SaaS Alerts is the right solution at the right time for the MSP community”, said David Bellini, Co-Founder of Connectwise and CFO for ConnectOn.
“When we started our fundraising efforts, it was important for us to bring in investors who truly understand the MSP industry and how it’s changing. We now feel like we have a dream team of investors who have seen the industry evolve and know exactly where it’s headed. Receiving investment from such an impressive group of MSP veterans is a real endorsement of our vision and mission at SaaS Alerts,” said Jim Lippie, CEO of SaaS Alerts.
SaaS Alerts will use the funding to further its development activities and incorporate many of the additional features being requested by its existing partners, in addition to sales and marketing initiatives. The unified SaaS alerting and monitoring platform is currently processing over two million events per day and growing rapidly to support its expanding list of MSP partners, allowing those MSPs to add more value to their client relationships and to build incremental recurring revenue.
SaaS Alerts is looking forward to engaging with the nearly 3,000 MSPs anticipated to attend Datto’s upcoming MSP Technology Day on March 18th where the focus is on cyber resiliency.
About SaaS Alerts:
SaaS Alerts is the cybersecurity company purpose-built for MSPs to protect and monetize customer core SaaS business applications. SaaS Alerts offers a unified, real-time monitoring platform for MSPs to protect against: data theft, data at risk and bad actors and integrates with the most popular SaaS Applications. Learn more at www.saasalerts.com.
VP, Business Development
A Live Virtual Event focused on Cyber Resilience. Join us at the SaaS Alerts’ Booth to learn how to differentiate your business, simplify operations and supercharge your sales! #CoverYourSaaS #MSPTechDay
Mr. Sullivan brings his years of experience at helping MSPs to evolve their service models from his time and over the last decade, has introduced thousands of MSPs to cloud workspace technologies that in aggregate increased MSP revenue by tens of millions of dollars. Pat formerly held roles with IndependenceIT, CloudJumper and most recently at NetApp. Welcome Pat!
“This is how you cover your SaaS”