It’s no secret that SaaS solutions have become commonplace in the financial services industry. Whether it’s onboarding customers, managing staffing, conducting transactions, or working with partners and suppliers, financial institutions are reaping significant competitive and operational advantages from adopting SaaS.

But there’s a dark side. Most SaaS applications are intricately connected to numerous external providers and solutions. This complex cloud network brings about significant risks as malicious actors look to exploit SaaS-related vulnerabilities.

In this whitepaper, we explore the distinct challenges encountered by financial services enterprises when dealing with SaaS, and how an advanced SaaS Security Posture Management (SSPM) solution can help organizations like yours.