UPDATED 08:00 EDT / MAY 28 2024

SECURITY

Adaptive Shield expands SaaS security platform to enhance permissions and data management

Israeli security management platform startup A.S. Adaptive Shield Ltd. today said it’s expanding its security platform to manage permissions and shared data better in software-as-a-service applications, aiming to make it easer for companies to protect sensitive information.

The new extensions to Adaptive Shield’s platform include extending SaaS coverage to entitlement management to drive SaaS security consolidation. Entitlement management is the process of controlling and overseeing user permissions and access rights within an organization’s applications and systems to ensure security and compliance.

Adaptive Shield argues that one of the major challenges in securing SaaS applications is the unique way each app provisions entitlements. With complex and dispersed permission structures, along with different terminology and user interfaces within and between apps, it’s difficult for security teams and application owners to facilitate security and compliance audits.

Through the extensions announced today, Adaptive Shield is tackling the challenge head-on.

A new feature called Permission Inventory has been designed to give customers deep visibility into permission structures at the SaaS stack level through an automated approach. Its capabilities include the ability to consolidate permissions from multiple areas within the application, normalize permissions across multiple tenants and applications, and centralize the discovery of roles and aggregated permissions.

Another new feature called Data Inventory allows customers to prevent data leakage. With the feature, users can identify all publicly shared data from SaaS apps such as Microsoft OneDrive and Google Drive and determine which need to be further protected. Users can also find outlived data or data that is no longer being used, recognize which resources are shared externally, and receive alerts about suspicious connections from external domains.

“SaaS security impacts the entire organization, affecting security teams, auditors and app owners,” said co-founder and Chief Executive Maor Bin. “Our platform consolidates and unifies all threat prevention and detection efforts, allowing enterprises to safely rely on both out-of-the-box and homegrown SaaS applications.”

Adaptive Shield is a venture capital-backed startup, having raised $44 million in funding, according to Tracxn, including a round of $30 million in October 2021. Investors in the company include Insight Partners Inc., Okta Ventures LLC and Vertex Ventures Israel Ltd.

Photo: Adaptive Shield

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