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The SaaS market is expected to reach $105 billion in 2020, an increase of 20 billion compared to 2019 (Gartner, 2020). The global pandemic of Covid-19 forces the digital transformation process in businesses to happen even faster.
Using software as a service (SaaS) is an indispensable need of almost every business today.
However, with great opportunities comes great risks. The SaaS market is increasingly competitive. Unlike traditional businesses, SaaS businesses do not have to face the problem of factories, materials or inventory. However, information security is one of the top concerns of SaaS providers.
For SaaS software and technology platforms in general, application user information is the most important asset. This information not only helps businesses have appropriate strategies to grow users, but also helps businesses understand customer needs and behaviors to increase conversion rates and increase revenue eventually. Leaked user information can have severe consequences for SaaS providers, especially if this information falls into the hands of competitors. Leakage of user information not only affects revenue, user volume, growth rate, but also can cause customer and investor trust issues toward SaaS vendors.
Stability is one of the top priorities of SaaS applications. Distributing software over the internet makes it possible for customers to access the application anywhere, on any device, at any time of the day. However, this convenience turns to a disadvantage when the application suffers from instability, slow response times, or inaccessibility. Keeping the application from being hacked and knowing when something goes wrong is extremely important to a SaaS provider.
The worst-case scenario of a SaaS application happens when it comes to a cyber attack and a hacker can gain access to the server system as an administrator. They have full access and can change the features, information, and resources of the application. Then the damage caused by a cyber attack is enormous, many times the cost needed to strengthen SaaS security and prevent attacks.
Compared with individual security tools and services, our SaaS security package solution helps businesses save up to 50% of investment costs. Conventional methods require the cost of recruiting and training personnel, the cost of initial deployment and installation, the cost of software and hardware, the cost of improvisation and handling of cyber attacks, etc. With CyStack's full-service SaaS security service, customers only need to pay a single fee during the process of the system being tested for security, monitoring security, improvising support and troubleshooting problems.
Using a unified process of people - tools - infrastructure has been proven to be more effective than single methods. The security team at CyStack works directly with the customer side, without going through many departments, helping to shorten the time security vulnerabilities exist on the system. Thereby, the software is secure at every stage of development, at every update. The actual results show that the packaged SaaS security solution makes the development and operation of SaaS software safer and more optimized.
With the spirit of always mastering knowledge, the team of information security experts at CyStack constantly research new technology. The team had released many widely-recognized security findings, and given speeches at leading global and regional security conferences. Besides, CyStack's Zero-day vulnerability findings are honored by global corporations such as Dell, HP, Microsoft.
CyStack's security team has years of experience in deploying security solutions, testing security for many businesses, large and small organizations at domestic and abroad regions, in many different fields: SaaS B2B, finance, banking, Fintech, E-commerce, E-Wallet, Blockchain.
Currently, CyStack is a trusted security partner of many SaaS B2B, B2C, B2B2C software developers and businesses such as Mitsubishi, Getfly CRM, VinID, Vntrip, Sendo, Giaohangtietkiem, and many more.
Hundreds of businesses are using CyStack products and services to protect data and reduce security risks.
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