SaaS Security Soars: 70% of Enterprises Boost Dedicated Teams Amid Economic Woes

Despite economic turmoil, 70% of enterprises are hiring dedicated SaaS security teams, boosting staff by 56% and budgets by 39%. According to the Cloud Security Alliance, SaaS security is no longer an afterthought but a top corporate priority. Turns out, securing your SaaS isn’t just…

Hot Take:

Looks like enterprises are finally realizing that securing SaaS apps isn’t just about buying a bigger lock for the front door—it’s about getting a whole new security system and a team of experts to manage it. SaaS security isn’t an afterthought anymore; it’s the new front line in cyber defense!

Key Points:

  • Enterprises are prioritizing SaaS security, with a whopping 70% establishing dedicated teams.
  • Investment in SaaS security saw a 56% staff increase and a 39% budget boost in 2023.
  • 80% of organizations consider SaaS security a priority, with 41% rating it as a high priority.
  • Despite improvements, 73% of organizations still find visibility into business-critical apps challenging.
  • Companies using SaaS Security Posture Management (SSPM) fare better in securing their SaaS environments.

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