SaaS Security Crisis: One-Third of Companies Hit by Data Breaches in 2024
One-third of companies experienced a data breach this year, a 5% rise from last year, according to AppOmni’s State of SaaS Security 2024 Report. Despite policies, enforcement lags, with 34% admitting lapses. The need for robust SaaS security strategies is urgent, as confidence in data safety continues to plummet.
Hot Take:
Who would’ve thought that putting critical business data on the cloud without solid security could lead to breaches? Shocking, I know! It’s almost as if handing your house keys to a stranger might not be a great idea. SaaS security: the ultimate plot twist we all saw coming!
Key Points:
- One-third of companies surveyed reported a data breach in the past year.
- Confidence in SaaS data security has significantly dropped.
- Generative AI poses new security vulnerabilities.
- Organizations struggle to enforce security policies effectively.
- 50% of respondents misjudge the number of connected apps in Microsoft 365.
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