LastPass, a global leader in password and identity management, has announced the general availability of its new SaaS Monitoring feature a tool designed to help businesses of all sizes tackle the growing challenges of Shadow IT, Shadow AI, and SaaS sprawl. Introduced as part of the company’s Secure Access Experiences initiative, this capability enables organizations to gain full visibility into their SaaS environments, reduce risk, optimize software costs, and strengthen access management. By leveraging the same browser extension used by millions, SaaS Monitoring requires no additional installation, making it easy for IT teams to deploy and monitor app usage, compliance, and user activity in real time.

With SaaS adoption surging and employees increasingly turning to unsanctioned apps and AI tools, businesses face mounting risks both financial and security-related. According to IBM, data breaches from Shadow IT now cost an average of $5.3 million to remediate. LastPass’s new solution helps uncover unapproved applications, enforce credential hygiene, and maintain compliance with regulatory requirements. Available within the Business Max bundle, SaaS Monitoring combines unlimited SSO, MFA, and visibility tools, giving SMBs and enterprises alike a powerful, accessible way to control costs, protect data, and improve operational efficiency.