Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Unused SaaS licenses are a budget drain and a security risk. The need to easily track and manage SaaS licenses and identify unused ones is a challenge that every modern organization faces.

Security powerhouse CrowdStrike made headlines this week with a major acquisition in the identity space with their purchase of SGNL for a reported $740 million. If you’re wondering why did CrowdStrike buy SGNL, you’re asking the right question. And you’re probably not alone. Over the past year, we’ve watched some of the largest security platforms in the world spend real money acquiring identity security companies.

Over 68% of companies have suffered API security breaches at a cost exceeding $1M. The question is not whether your APIs are vulnerable, but whether you can detect the threats in time. With API traffic comprising 71% of all web activity, the digital backbone of the modern enterprise is both our greatest strength and most exploited threat surface. Are we seeing every single API? These statistics reveal a concerning reality for most organizations.

A global technology services provider based in the United Kingdom, with more than 11,000 employees, was quickly scaling while serving clients across the finance, telecom, media, retail and healthcare sectors. Behind the scenes, its Information Technology (IT) and security teams were facing growing challenges: too many password tools, limited visibility into access controls and widening compliance gaps as cyber threats became more sophisticated.