SaaS is booming. With revenue to hit nearly $1 trillion by 2030, businesses love Software-as-a-Service (SaaS) because its cost effective, scalable, and easy to deploy.

But there can be too much of a good thing.

SaaS sprawl – the unchecked growth of SaaS applications – can bring serious risk to your business in the form of Shadow IT, Shadow AI, and soaring costs.

What if there were a simple, seamless, and secure solution that gave you app visibility without the overhead of heavy integrations, massive upfront investments, and high monthly fees?

Now there is: LastPass SaaS Monitoring.

LastPass SaaS Monitoring allows you to see what applications are being used across your entire organization (no matter the size).

Instantly identify unapproved or unvetted tools, monitor application adoption, usage, and user activity, and enforce password and access management policies – all with the single click of a button.

The high cost of not managing your SaaS

If you’re not proactively managing your SaaS ecosystem with a SaaS monitoring tool, you’re leaving your business exposed. The risks of inaction are real – and growing:

60.8% of expensed SaaS apps are rated “poor” or “low” for security.

38% of employees share work info with unapproved AI tools, exposing their organizations to potential compliance violations.

75% of employees will use tech without IT approval by 2027.

Data breaches from Shadow IT now cost businesses over $5.3 million to remediate.

80% of shadow apps don’t have single sign-on (SSO), multi-factor authentication (MFA), or role-based access control (RBAC) enabled, and over half of users (52%) are relying on easily guessed passwords to access them.

53% of SaaS app licenses go unused, leading to wasted spending. Businesses with less than 399 employees waste an average of $500K annually, while organizations with 400-799 employees waste an average of $1.3 million annually.

Unmanaged SaaS apps caused 52% of data breaches and 50% of data leakage incidents in the past two years.

The fastest path to SaaS sanity: LastPass SaaS Monitoring

Don’t let SaaS sprawl happen to your business.

LastPass SaaS Monitoring lets you automate SaaS app management and credential security from an easy-to-use, intuitive dashboard:

It’s easy to deploy: You get plug-and-play simplicity. All you have to do is click a button to enable SaaS monitoring – and you start getting visibility immediately.

It’s frictionless: There’s no need to deploy agents – you enable SaaS monitoring through the LastPass browser extension.

It’s holistic: You get visibility of your entire SaaS footprint while ensuring organization-wide application of password and identity security management.

With our new SaaS Monitoring tool, you can:

Identify any unapproved shadow AI and shadow IT tools your team may be using.

Prevent data loss by catching risky behaviors, such as improper data access and sharing by current and former employees.

Eliminate apps that haven’t been used in 30+ days to reduce wasteful spending.

Stop paying for redundant apps and invest the savings in new tools your employees actually need.

Enforce security policies around credential and privilege management to stay compliant with regulations like GDPR, HIPAA, and PCI DSS.

Start your journey with Secure Access Experiences – a new approach designed to make access management more accessible for everyone.

The antidote to SaaS sprawl is fast, easy, and affordable with LastPass SaaS Monitoring.

Try a free demo today and see the difference it makes.

And don’t forget to sign up for our upcoming webinar, SaaS Sprawl: The Reality (World) here.

Blog

Blog

Recent

Industry News

LastPass For Admins

LastPass Labs

Product Updates

Tips And Tricks

Don MacLennan

Writes about: Industry News

Clarity, not Chaos: Take Back Control with LastPass SaaS Monitoring

Introducing Secure Access Experiences: Controlling the Chaos of Modern App Sprawl

Is Apple Password Manager for Everyone?