Due to the far-reaching effects of COVID-19, organizations have drastically boosted their use of cloud-based SaaS apps to sustain workflows and expand their operations.
While these technologies are now required to execute operations, they also expose cyber intruder vulnerabilities, necessitating businesses to be wary of the risks.
How Work-from-Home and Cloud-Based SaaS Apps Changed the Game
Many industries resorted to virtual operations, including betting and casinos, where apps like the Betway app became integral. Gamers and bettors took more time betting on mobile devices as movement to physical casinos was restricted.
By the end of 2020, 93 percent of CIOs had adopted or planned to use cloud-based SaaS applications, according to a Deloitte study. Leaders are eager to take advantage of these platforms’ flexibility and scalability, but they seldom devote time to designing new security measures that are appropriate for the new infrastructure.
According to a SWZD research from 2021, 56 percent of organizations intend to replace their aging IT infrastructure, 45 percent will prioritize IT initiatives, and 39 percent will implement proper security measures. Companies must increase their cybersecurity efforts as cloud infrastructure becomes more common.
Security teams are confronted with new challenges
Because of the increased popularity of SaaS, sensitive data is dispersed across several apps, accessible to many teams, and increasingly vulnerable to hackers.
Unintended compromises are certain to occur when people work remotely. Employees are more vulnerable to phishing attempts at home because they are more distracted, fatigued, and burned out, and their behavior is also more difficult to follow when potentially malicious characteristics are removed.
Furthermore, owing to the necessity to acquire audit logs and other data to comprehend what’s going on, security teams’ capacity for monitoring activity has diminished.
Security experts are trained to ask analytical questions, monitor systems, and stop cyber-attacks using ready-to-use data. Instead, they must now spend 80% of their time gathering and linking raw data and just 20% of their time interpreting insights and taking actionable steps.
This, especially, is vital in betting sites where exchange of money is involved. Betway ensures the systems are secure and private for customers to transact.
How automation will help
There is a need for tools that allow teams to spend less time designing and integrating complicated systems and more time analyzing information and executing more sophisticated strategies to keep the business secure across various industries.
Automation will result to the following:
Boost security teams’ capacity to focus on threat analytics.
By taking care of the boring data plumbing and providing immediate insights on questionable activities, automation will save a lot of time.
Security teams should spend less time plumbing, configuring, and standardizing data across hundreds of platforms and more time analyzing data and developing relevant and new approaches to avoid breaches.
Ensure that security is accessible to organizations of all sizes
Only 20% of existing businesses can afford efficient security solutions, as well as the personnel required to implement and maintain them.
Automation eliminates the need for additional teams of professionals to link and analyse huge data, and it gives answers in natural language that anybody can comprehend.
Transparency and accuracy are lacking in existing offerings. Before security teams can utilize a system, it usually takes six months to put it up.
Organizations also lack visibility into the underlying workings of algorithms, making it difficult to comprehend the foundation of the data visualization provided, resulting in a high number of false positives.
Better automated software will triangulate data and provide daily warnings showing if the firm has an issue or not, as well as answer specific questions, allowing the security staff to rest certain that the organization’s security is being maintained.
With the information shared above, even users of these apps have a duty to perform. For instance, it is important to vet betting sites to ensure there is no risk of fraud as emphasized on the Betway platform.