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December 13, 2023 | Updated on: June 7, 2024 | Reading time 5 minutes

Our Key Takeaways From Forrester’s SaaS Security Posture Management, Q4 2023 Report

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Product Manager

Renowned research and advisory firm Forrester has published The Forrester Wave(™): SaaS Security Posture Management, Q4 2023 report. Spin.AI is honored to have been named as a Strong Performer among 15 compared SSPM vendors.

This report serves as a resource for security professionals to gain insights into the perceived value that SaaS Security Posture Management (SSPM) vendors provide, understand how they differentiate, and make more informed decisions when protecting their critical SaaS data.

Organizations need visibility into what is connected to their SaaS environment 

The report notes: “SaaS solutions are increasingly complex when it comes to managing permissions for users, including administrators. To secure data stored in SaaS solutions, organizations need visibility into who can access their data in the SaaS solution, as well as who can make policy changes to provide access to data.”

We agree with this statement. We also believe that with the proliferation of OAuth applications and browser extensions available, visibility into and control over a SaaS environment is paramount to complete SaaS data security. With a growing dependency on SaaS applications, there’s an imperative need to balance productivity and collaboration, while ensuring that the right people in your organization have access to the right level of data.

Manual permission review methods are ineffective and not scalable

The report states, “Existing IAM tools and manual permission review methods are ineffective and not scalable as organizations deploy more OAuth-connected SaaS applications.” 

We agree with this statement. Automated detection and response, automated access management, and continuous assessment and reassessment of third-party apps and extensions are core SSPM capabilities. We believe that automation is critical to effectively detecting and responding to potential security threats – especially as SaaS environments create an expanded attack surface. 

Not all SSPM solutions are created equal 

The report further notes, “SSPM customers should look for providers that: [1.] Provide a broad set of SaaS application configuration templates… [2.] Offer extensive IAM administration capabilities for SaaS apps, …[and 3.] Detect threats by using the vendor’s own and third-party threat data.”

Why Spin.AI is a Strong Performer among top vendors 

At Spin.AI, we offer advanced SaaS Security Posture Management (SSPM) designed for efficient monitoring and auditing of SaaS applications. Named a Strong Performer in The Forrester Wave(™): SaaS Security Posture Management, Q4 2023 report, Spin.AI received the highest scores possible in the following criteria:

  • User Management
  • IAM Administration
  • Adoption
  • Pricing Flexibility and Transparency
  • Number of Customers

Here are a few of the ways we believe Spin.AI is leading the way in cutting-edge SSPM solutions to protect critical data in SaaS environments. 

Powerful automation and risk assessment 

With SpinOne, users can detect risky SaaS, mobile, and cloud applications and browser extensions that have unsanctioned access to business-critical SaaS data – all in a matter of seconds

SpinOne uses an AI algorithm to evaluate each 3rd party application and browser extension based on the following factors:

  • Scope of Permissions (e.g. whether the application has excessive access to user data)
  • Business Operations Risk (e.g. how regularly the application is updated)
  • Security Risk (e.g. whether there are known vulnerabilities in the application)
  • Compliance Risk (e.g. does the application report whether it is compliant)

SpinOne also provides a Scoring History to detect whether the application’s score has changed over time – helping users quickly and easily understand whether a previously safe application is now a risky application.

Recommended by Google and integrated into Google Workspace

Google has integrated Spin.AI Risk Assessment for Chrome Extensions into the Google Workspace Admin console – giving Google admins increased visibility into browser extensions detected across the Chrome ecosystem, and allowing SecOps teams to better assess risk with risk scores for all integrated browser extensions.

Granular controls and policies for access management 

SpinOne provides users with robust and granular control over their security posture: allowing customers to take action on risks, not just detect them. 

Users can easily set policies and automate their workload. For instance, customers can create a policy that automatically blocks all high-risk applications.

Commitment to customer-centric innovations

We believe this recognition from Forrester further solidifies our dedication to pioneering advancements in cybersecurity – and underscores our commitment to providing organizations with the tools they need to surmount the security challenges of today’s ever-evolving cyber landscape. 

To learn more about why Spin.AI is named a Strong Performer, request a demo with our SSPM experts.

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Written by

Product Manager at Spin.AI

Will Tran is the Product Manager at Spin.AI, where he guides the product's strategic direction, oversees feature development and ensures that the solution solves his clients’ cybersecurity needs.

Will is a security professional who started his career at Lockheed Martin where he worked on National Security Space programs in business development and product management.

Will holds a BA in Economics and Mathematics from UCSB and an MBA with a specialization in Technology Management and Marketing from UCLA Anderson School of Management.

At Lockheed Martin, Will developed the multi-year strategy campaign and supported the product development of a national security satellite program for the United States Air Force, which resulted in a multi-billion dollar contract.

During business school, Will consulted 2 non-profit organizations as part of a series of national consulting case competitions. He set strategic priorities, optimized business operations, and developed a process to qualify new revenue streams for his non-profit clients. These initiatives resulted in 15-20% increase in annual surplus.

In his spare time, Will can be found at local coffee shops around Los Angeles, traveling to different countries, or hanging out with his cat.

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