6 Best SaaS Security Companies : How to Choose Saas Security Companies

Meeba Gracy

Meeba Gracy

Sep 12, 2024
SaaS security companies

In September 2023, a study by ItGovernance found 97 security incidents that compromised 91,127,815 records. And the grand champion of this unfortunate event? Twitter, with 220 million breached records.

Quite the headliner, isn’t it?

Now, when you dig deeper and do some number crunching, it’s hard not to feel concerned.  Your organization could become a statistic, too. So, how do you secure your business? Do you have the bandwidth and the resources to do it yourself, or do you bring in an expert to do it for you?

There are 59 million customers worldwide and 17,000 SaaS cybersecurity companies (Spendesk) in the US alone, so finding the best cloud security company equals finding a needle in a haystack.

So, how do you choose the best SaaS security companies? That’s a complicated question we’ve tried to answer in this article.

What is SaaS Security?

SaaS Security includes a set of measures and protocols designed to safeguard the data and applications hosted by various SaaS providers. Measures include implementing authentication mechanisms, encryption protocols, access controls, and recovery procedures.

SaaS tools live in the cloud, and while that’s super convenient, they also bring new security worries to the table. What we mean here is dangerous things like malware, phishing attacks, and the chance of your precious client data getting out in the open.

But the good news is that you can secure these cloud-based programs with the right SaaS Security tools.

We know you know to use strong passwords and multi-factor authentication by now, but sometimes, a little extra nudge is needed to ensure everyone follows the rules.

Let’s see what the nudge is below on SaaS security software!

Why do companies need to implement SaaS security?

A cloud security company must implement cloud security because SaaS security is the backbone of businesses due to the unique challenges posed by the SaaS model.

When you, as a company, use SaaS, you often need more control and visibility over data.  The risk of a potential security incident increases with limited or no visibility. This can have severe financial, legal, reputational damage, and security issues.

 The financial implications of a data breach can be devastating. You might have to compensate affected individuals and execute incident response plans, data restoration, investigations, security enhancements, and legal fees.

For example, GDPR fines can be as high as 4 percent of annual global turnover or €20 million. This is why you need to be on top of your game to stay compliant and secure.

Top 6 SaaS Security Companies

Today’s hackers always uncover new vulnerabilities and hone new strategies to evade detection. That’s why your business’s security practices need to be faster than they are.

Here are the top picks for you to make the best decision, and you don’t need to hire security teams:

Sprinto (Book a free demo)

Best known for being used in compliance automation and continuous monitoring of threats

Sprinto is one of the tech stack’s best SaaS security tools you can use. At first glance, it may look like another compliance automation software, but under the skin, it can be your ultimate ally in battling malicious threats 24/7.

What sets Sprinto apart is its smooth integration with your cloud infrastructure. This helps you to consolidate risk factors, conduct automated checks, and establish entity-level controls in real-time effortlessly. And you gain access to a security compliance program that puts you in control.

Moreover, Sprinto makes managing your compliance efforts, all from a single, user-friendly dashboard, a reality. Through automated continuous monitoring and actionable insights, it keeps a watchful eye on your operations without disrupting your workflow.

Range of security features

  • Continuous Control Monitoring: Our system offers real-time monitoring of security controls down to the specific entity level and does this efficiently at scale.
  • Shareable Security Posture: You get to publish your certifications for the world to see. 
  • Vulnerability & Incident Management: Manage and document vulnerabilities and endpoint security incidents. You get to promptly track and address potential external threats in your security setup.
  • Role-Based Access Control: Define and segregate duties within your company to secure your cloud security. 
  • Modular Security Training Programs: Choose from various security awareness training modules tailored to meet compliance requirements. 
  • Systematic Escalations: Tasks are divided among team members in a clear order of priority. 
  • 100% Asynchronous Audit: Coordinate directly with an auditor from your Sprinto dashboard. 
  • Automation-Led Compliance: We provide framework-specific security policies as templates, workflows, and training modules for various compliance standards. 

ProsContinuous control monitoring to keep tabs on security controls
24*7Shareable security posture
Vulnerability & incident management
Integrated audit success portal
Employee security training programs
Dr. Sprinto MDM
Expert-led implementation
100% async audit
Tiered remediation
100+ integrations
ConsImplementation can take a little longer than expected, depending on your organization size
PricingContact Sprinto for more details

Find out how Sprinto is helping other SaaS companies:

Astra Security

Astra is a leading SaaS cybersecurity company that blends automation, artificial intelligence, and manual expertise of security engineers. Their automated scanner runs 9,300+ tests and compliance checks to ensure complete safety, irrespective of the threat and attack location.

With zero false positives, their industry-specific AI test cases, world-class GPT-powered chatbot, and customizable reports, the PtaaS Platform guarantees a smooth experience while saving you millions of dollars proactively. 

Astra’s seamless tech stack integrations, scan-behind-longin, and real-time expert support help them make pentesting simple, effective, and hassle-free. 

Range of Security Features:

  • Vulnerability Scanning & Management
  • Manual Pentest Capabilities
  • Compliance Penetration Testing
  • Continuous Monitoring 
  • Customized Reporting
ProsPentest by security experts with OSCP, CEH & CVEs under their name
Seamless CI/CD, JIRA & Slack integrations
Simplified Team Management
LimitationsOnly 1-week free trial is available
PricingStarting at $199 per month

Cipher

Cipher is a cybersecurity powerhouse offering a wide range of indispensable services for safeguarding your digital assets. The backbone of these services is the Cipher Lab, an exclusive hub for threat analysis and cyber intelligence research and development.

Also, as one of the best cybersecurity companies that mitigates external threats, they’ve got you covered 24/7 with their 5 Security Operations Centers (SOC) for any security issues.

When it comes to cloud security services and cloud security, Cipher is a name that commands trust for mitigating a wide range of security risks.

Range of security features

  • Managed Security Services (MSS)
  • Managed Detection and Response (MDR)
  • Cyber Intelligence Services (CIS)
  • Red Team Services (RTS)
  • Governance, Risk, and Compliance (GRC)

ProsCipher brings experienced security consultants to help your company’s security posture and mitigate external threats
Their red teaming service is top-notch, featuring penetration testing, ethical hacking, and vulnerabilities assessment
ConsConfiguration challenges
Lack of centralized cybersecurity overview (real-time monitoring)
PricingTo get a personalized quote, you’ll need to reach out to them directly

Mandiant

Mandiant is your trusted ally in swiftly getting your business back on track after a security hiccup. They bring their frontline expertise to the table, helping you fortify your cyber defenses to fend off threats and minimize risks – not just during an incident but also before and after.

It boosts your team’s ability to tackle real-world cyber attacks by giving you actionable insights on external threats.

Range of security features

  • Digital risk protection
  • Proactive exposure management
  • Test cyber defense program to help mitigate external threats

ProsMandiant’s team leaves no stone unturned, scrutinizing every security aspect your organization relies on to mitigate external threats
Their tabletop exercises are planned and directly related to your organization’s unique security stance and hidden risks
It’s budget-friendly, and its services won’t break the bank
ConsSome users have wished for more detailed reports
Unfortunately, Mandiant doesn’t offer a continuous monitoring feature, which might concern some companies who wish to identify hidden risks
PricingPricing for this unified platform is custom-tailored; it depends entirely on your unique requirements

Continuous compliance is the next big thing! Get there first with Sprinto

Palo Alto Networks

Palo Alto Networks presents a security platform that bolsters your defenses from cyber threats. With advanced firewalls at its core and cloud-based offerings that extend the protective umbrella to cover various security aspects, it’s a one-stop solution to keep your digital assets safe. It is one of the best cloud service providers with amazing solutions.

Range of security features

  • Intrusion detection and prevention
  • Data loss prevention
  • IoT security
  • DNS security

ProsPalo Alto Networks equips you with real-time monitoring, endpoint detection, and reporting tools and always keeps you in the loop
Simplifies your firewall management
ConsSome users have found the platform challenging to set up and configure
There’s room for improvement in network security operations
To make the most of this platform, specialized hardware or virtual appliances are necessary, which may require additional investment
PricingTo get a clear picture of the costs of this unified platform, you should reach out to them directly

Teneble

Tenable.io Vulnerability Management is your go-to cloud-based platform for safeguarding your expanding networks and thwarting potential breaches. With continuous vulnerability assessments at its core, it offers a precise snapshot of your network’s assets and vulnerabilities, like malware detection.

Range of security features

ProsTenable boasts a user-friendly interface that makes navigation very simple
Automated scanning and reporting saves time and effort
The platform keeps its plugins up-to-date and helps with the latest vulnerability assessment
ConsToo expensive
Some training or knowledge is needed if you are a newcomer
The scanning process can be a bit time-consuming
PricingGet in touch with the team to learn more about pricing

How to select the right SaaS security companies?

Picking the right SaaS security provider is paramount because many businesses are moving their IT systems to the cloud. There are many SaaS apps out there offering various services, which can make picking the right one tricky. With so many claiming to be the best, it’s important to consider certain factors for malware detection.

Here are a few pointers to check before selecting a Saas provider:

Understand your business requirements

Choosing the best SaaS apps for security is not something you do just because everyone else is; it must make sense for your situation.

Before you pick any of the SaaS security providers, you must dig deep into what your business requires. This means looking at the technical requirements, the services you need, how you handle data, how you keep that data safe, and how you want to manage your services.

Be clear about your must-haves and the cloud security offerings that make your business unique. Once you’ve nailed down these requirements, choosing the right service provider becomes much easier.

Are they dedicated to information security?

Some clear signs can tell if a SaaS vendor takes information security seriously and mitigates online threats. The first is having a dedicated security team with clear roles and responsibilities. When you see this, it’s a surefire indicator that they’re committed to making their security measures top-notch.

Ensure they’re also bringing in the right people– like people who’ve passed background checks and don’t pose any insider online threats. They should vet and train their team to ensure everyone’s on the same page regarding security.

Do they follow certification, compliance, and standardization guidelines?

Check if your vendor follows security rules and certifications. A SaaS vendor should show they meet security standards like ISO 27001,  SOC 2, PCI DSS, GDPR, and more. 

For example, a healthcare company using SaaS needs to follow HIPAA rules to keep PHI safe.

Do they offer data migration?

Some security startups might not handle data migration on their own and suggest using third-party assistance. Hence, choose a company that fully supports you in your data migration process.

Check the SaaS vendor’s third-party security

Data breaches are not uncommon in the SaaS world, and using SaaS apps in decentralized organizations can bring risks like data breaches and cyberattacks. But often, the main cause of these breaches is the security of the SaaS vendor’s third-party partners.

Hence, pick a SaaS vendor that takes steps to avoid these risks as you are dealing with sensitive data.

Does the security solution offer continuous monitoring?

Continuous monitoring is another factor when evaluating a SaaS provider for your security operations. You need to ensure that the provider you choose offers continuous monitoring and real-time visibility into your security posture.

This way, you can streamline the complex task of assessing procedural and technical controls for various aspects like vendor risk management, internal IT compliance, and best practices for securing your IT systems. If you’re looking for a solution that integrates continuous monitoring, Sprinto is an option worth exploring.

Sprinto offers a switch to an always-on system of compliance, tightly integrated with your systems. It automatically collects audit-grade evidence and gives you real-time insights into your compliance posture.

Moreover, it doesn’t stop at monitoring; Sprinto also goes the extra mile by automating remediation and compliance workflows.

The Sprinto Way

Don’t wait for problems to appear before securing your SaaS environment. It will take some time and effort, but it is crucial to set up strong SaaS security measures with experts’ help. With them, you could avoid serious issues.

Choose a SaaS security company that stays updated on emerging threats and vulnerabilities. You need a tool created by skilled security engineers to protect your application and your business from threats posed by third-party apps. Sprinto is one such tool.

Interested? Schedule a demo with our experts to learn more!

FAQs

Who is responsible for security in SaaS?

SaaS vendors are the one who holds the main responsibility for looking after the security of their platform, which covers physical security, infrastructure, and application security. However, the vendors don’t own the customer data or take responsibility for how customers use their applications; you need to take action.

Why is SaaS security important?

SaaS security matters because it safeguards the data handled by cloud-based software applications. It involves companies adopting cloud storage practices to keep customer and business data safe from harm.

Which is the best company for cyber security?

Sprinto is the best company for cyber security and compliance needs. Sprinto is a powerful software that puts any security compliance program on autopilot, among other benefits.

Meeba Gracy
Meeba Gracy
Meeba, an ISC2-certified cybersecurity specialist, passionately decodes and delivers impactful content on compliance and complex digital security matters. Adept at transforming intricate concepts into accessible insights, she’s committed to enlightening readers. Off the clock, she can be found with her nose in the latest thriller novel or exploring new haunts in the city.

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