SaaS& Security Breaches: An Introduction To A Solution

The day has come when hackers are causing tons of problems to major companies’ infrastructures. A lot of people in recent months have suffered under the waves of several hacking attempts and successful security breaches that managed to leak millions of passwords into the free and open Internet. What are you going to do when something like this happens?

The biggest victims in a security breach are those who use the same passwords for every web service and application they use. It’s a known fact that people usually have a tendency to associate their entire online identity with one password. Ordinary people don’t have a lot of time to draft up password lists, so they often use a maximum of three different passwords for everything.

Businesses can also be victims of security breaches in the sense that hackers can gain access to sensitive information related to either their operations or their customers. This has happened to Yahoo recently, spilling 450 thousand passwords all over the web. Many of the people who owned accounts with Yahoo were hacked, their eBay accounts were later accessed, and their private lives were open to intruders.

Shortly before the major Yahoo attack, LinkedIn – a social networking site for professionals – had 6.5 million passwords leaked. A few days later, eHarmony and Last.fm also fell victim to malicious entities. If you were one of the people included in one of the password leaks, your identity now belongs to someone else. With the information the hacker gained, he can cause you a great deal of financial loss as he travels to your payment portal accounts (i.e. PayPal) and makes orders through them. The hacker can also use your identity to impersonate you, finding out more information about you, and using your identity to do illicit activities while you’re completely unaware of what’s going on.

If you own a business, a database hack is problematic, but it isn’t the only thing that can happen to you. It gets just as bad if a hacker gets into your email account and starts looking at confidential conversations that you’ve had with your customers, especially when the customer exchanges his or her own private data with you. If you have a small set of passwords for every account you have on the Web – no matter who you are – you’ll likely see more than one account accessed at the same time before you make it back home from the office.

As a business owner, it is your obligation to do everything in your power to keep your customers’ information confidential. A security breach within your business will destroy customers’ morale and make them think twice about using your services or ordering your products.

But what are you going to do? Are you going to change all your passwords into illegible bits of gibberish you’ll have to search through a Notepad document for? We’re in the 21st century, not 1997! Using your browser isn’t an option, since you might still encounter security breach where someone manages to steal your password by exploiting its vulnerabilities. That’s why you need a SaaS powered password management solution.

Software as a Service (SaaS) is agift to mankind that comes in the form of a centralized piece of software hosted on the Web that you can access anywhere. With a SaaS password management and Single Sign on solution, you can list all the different passwords you use for different sites and the software will remember them for you. You then go into a dashboard where you have a one-click access into all the websites you love, using the latest encryption technology.

This is the Holy Grail of anti-hacking solutions. Let’s see why:

If a hacker happens to come across an account you own, he won’t be able to access any others because your passwords are different. Now, you don’t have to worry about big companies like Yahoo falling on their knees because of some script kiddy behind a keyboard. This kind of prevention technology is known as IDaaS, or Identity as a Service. You’ll have your entire online identity stored in the safe and gentle hands of a trustworthy friend.

Services like SmartSignin are at your disposal to serve you with world class identity management so you don’t have to remember any of your passwords. With 256-bit AES encryption and world-class security standards, SmartSignin will keep your passwords safe from everyone; even itself: SmartSignin does not have any access to your private data – YOU and only you have access to your keys! You’ll get corporate-class Single Sign-On password management within a SaaS environment just like the solutions that big businesses use, but for only a miniscule fraction of the price.

Think about it: Yahoo, LinkedIn, eHarmony, and Last.fm – some of the Web’s biggest magnates – fell to an attack that leaked a vast amount of passwords. You don’t want to be caught in that list. But if you happen to be one of the victims of one of those major attacks, your accounts are compartmentalized with unique passwords, giving you a swift recovery as long as you’re using the right solution.

If you own a business, think about the fact that, since these companies fell down like a high stack of dimes, your security infrastructure probably isn’t strong enough to thwart a similar attack. SmartSignin protects the interests of your customers by securing your business’ identity on the Internet in one fell swoop. Here’s another reason to think about password management and single Sign on: LinkedIn was sued for $5 million in light of its recent security breach. You don’t want to end up having to do thatmuch damage control, do you?

Whether you’re just a professional user who browses the Web or a Small or Medium size company that manages customer accounts and information, you’re naked on the Internet as long as you don’t play it smart.

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