Is Your SaaS Security as Tight as You Think?

What we’ll cover today:

🚨 Is Your SaaS Security as Tight as You Think?
💰 Tech Experts Explain How To Maximize SaaS Investments.
💻 Know This While Running A SaaS Startup. - Experts
🔗 The Event Roundup

Is Your SaaS Security as Tight as You Think?

Trusting your SaaS provider might be putting you at risk.

Obsidian Security warns that many companies overlook key threats.

A breach at Ticketek exposed 17 million users’ data—all due to a third-party SaaS provider.

Basic security checklists won’t cut it.

Key risks:

• Hidden vulnerabilities in third- and fourth-party app connections.

• Misunderstanding of the SaaS shared responsibility model.

• Paper-based assessments need to include critical gaps.

SaaS attacks are rising.

Here's the whole article

1. Tech Experts Explain How To Maximize SaaS Investments.

The Forbes article features expert advice on maximising SaaS investments, focusing on strategies like optimising spending through vendor negotiations, integrating AI for better data analysis, ensuring robust security measures, and fostering team collaboration. 

Experts emphasise aligning SaaS tools with business goals to improve efficiency, scalability, and return on investment.

Here’s the Article

2. Know This While Running A SaaS Startup. - Experts

The TechRound article outlines critical considerations for SaaS startups, including understanding the competitive landscape, ensuring scalable infrastructure, prioritising customer retention, and effectively managing pricing strategies. 

It also highlights the importance of strong cybersecurity measures and aligning the product’s features with customer needs to build a sustainable, long-term business model.

Here’s the article

1. OpenAI raises $6.6B and is now valued at $157B

ChatGPT maker OpenAI has closed the largest VC round of all time.

The startup announced that it raised $6.6 billion in a funding round that valued OpenAI at $157 billion post-money. Led by previous investor Thrive Capital, the new cash brings OpenAI’s total raised to $17.9 billion, per Crunchbase.

2. Austria’s Fynk secures €3.1M to make AI-powered legal workflow tools accessible to non-legal teams.

“We are excited to have secured two renowned investors, 3VC and 10x Founders, whose passion for exceptionally user-friendly products matches our own. The strong renewed commitment from our existing investors also underscores their immense trust in our phenomenal team,” says Constantin Wintoniak, CEO of Fynk.

3. Genetec expands Security Center SaaS with the launch of Operations Center.

Genetec Inc., a leading technology provider of unified security, public safety, operations, and business intelligence solutions, announced the launch of Operations Center, a cloud-based work management solution designed specifically for physical security operations.