Enterprise companies are adopting SaaS at a rapid pace but are failing to budget for security solutions to protect the data they hold, research suggests. This week, cloud security firm iboss released a white paper documenting the rising adoption rates of software as a service (SaaS) applications, which while often valuable for companies, may also pose a risk when cybersecurity is an afterthought.
The report, titled “Head in the Cloud: Misconceptions Hindering Enterprise Cloud Adoption,” claims that 64 percent of US enterprise players believe the pace of SaaS application adoption is “outpacing their cybersecurity capabilities.” In total, 61 percent of enterprise IT staff cite data privacy as a primary concern for the growing adoption of SaaS. With data breaches now so commonplace, the idea of sensitive, corporate information being leaked from non-secure cloud environments causes IT staff to break out in a cold sweat.
Read more about the findings of the report by iboss on ZDNet.