Is your sensitive data in Google Drive and Slack at risk of exfiltration? Find out how to identify vulnerabilities and implement preventative measures to keep your organisation's information secure.
As businesses increasingly rely on SaaS applications like Google Drive for document storage and collaboration, and Slack for communication, robust data security measures are essential to protect against data exfiltration from these platforms.
With cyber threats targeting cloud environments on the rise, it's crucial to understand how data within your SaaS applications can be compromised and what steps you can take to protect it.
Safeguarding sensitive data in platforms like Google Drive and Slack not only maintains your organisation's reputation but also ensures compliance with regulations and builds trust with clients by protecting their valuable information stored in these tools.
Data exfiltration, in the realm of SaaS applications like Google Drive and Slack, is essentially the unauthorised transfer of sensitive information stored or shared within these platforms to an outside party.
Imagine someone secretly copying confidential documents from your company's Google Drive or extracting private conversations from Slack without permission. This can happen through insider threats – employees misusing their access – or attacks from cybercriminals targeting vulnerabilities in your SaaS setup.
The implications for cybersecurity in a SaaS environment are significant. Losing control of data stored in Google Drive or Slack can lead to substantial financial losses, damage your reputation, and erode customer trust. This makes understanding and mitigating the risks of data exfiltration from SaaS applications a top priority for organisations today.
Given the increasing reliance on SaaS, it's crucial to recognise that a significant portion of cyber incidents now involve cloud environments. Understanding how data can be exfiltrated from platforms like Google Drive and Slack is the first step in effective prevention.
When it comes to data exfiltration incidents, responsibility can often lie with both insiders and outsiders. Insiders, like employees or contractors, might misuse their access to sensitive information, whether intentionally or accidentally. In fact, insider threats account for around 60% of data breaches, making them a significant concern for organisations.
Common profiles of individuals involved in these breaches can vary widely. For instance, a disgruntled employee might seek revenge by leaking confidential Google Drive documents, or departing employees taking proprietary information shared via Slack
Alternatively, a well-meaning team member could inadvertently share data due to a lack of awareness about security protocols. This highlights the need for comprehensive training and clear communication around data security.
On the flip side, outsiders typically include cybercriminals or hackers looking to exploit vulnerabilities in a company’s systems. They might use techniques like phishing or malware to gain access and steal data from SaaS applications.
Data exfiltration from SaaS applications like Google Drive and Slack can occur through various methods, and it's vital for organisations to be vigilant. Some common methods include:
Recognising the warning signs early is crucial. For SaaS applications like Google Drive and Slack, these signs might include:
It's important to be aware that it can take a significant amount of time to detect and contain a data breach, highlighting the need for proactive monitoring and swift response strategies within your SaaS environment.
Data exfiltration from SaaS applications like Google Drive and Slack carries significant risks and consequences for organisations:
The average cost of a data breach is a staggering $4.88 million. This figure encompasses not just the direct costs associated with the breach, such as remediation and technical investigations, but also indirect costs like lost revenue and increased insurance premiums.
When sensitive data is compromised, customer trust can plummet. Clients may think twice about partnering with an organisation that has experienced a breach, which can lead to long-term financial implications.
Companies often find themselves spending considerable resources on public relations efforts to repair their image — And it may not even work, as 66% of consumers say they wouldn’t trust a company following a data breach.
Data breaches can lead to hefty fines and legal action, particularly if an organisation is found to be non-compliant with data protection regulations.
This is especially relevant in regions with strict laws, such as Europe’s GDPR, which imposes substantial penalties for mishandling personal data.
Data exfiltration can happen in all sorts of ways, so it’s important to know what to watch out for.
Let’s take a look at some common methods, both physical and digital.
Alarmingly, data exfiltration attacks surged by 39% in 2023, with 64% of organisations reporting this increase. Being aware of these methods helps organisations protect their sensitive information. The more you know, the better you can guard against these threats.
Preventing data exfiltration from SaaS applications requires a proactive and multi-layered approach.
Here are some key steps organisations can take:
By implementing these strategies, organisations can significantly reduce the risk of data exfiltration from their critical SaaS applications like Google Drive and Slack, protecting their sensitive data and maintaining a strong security posture.
You already have sensitive data in Google Drive, but do you know who has access to it? Security tools often focus on preventing future risks, but what about the data that is already exposed?
In our webinar, we will walk through how you can:
Instead of hoping for the best, take practical steps to reduce the risk of data breaches and keep your SaaS environment secure from day one.