By the end of last year, software-as-a-service (SaaS) tools had started to drive around 50% of the global enterprise applications market. In the 2013-2018 period, the SaaS industry grew by ~125% – clearly underlining the rapid evolution of this sector. However, as more and more organisations (private and public-sector) are shifting to a ‘cloud-first‘ data storage structure, security concerns are also rising. A recent survey found that, compared to 2002, the total volume of data losses has gone up by a jaw-dropping 400% – while things like data/digital identity thefts, DDoS attacks and ransomware have also risen significantly. For the average small-scale business, a single ransomware attack can cause losses of up to $100000. In what follows, we will highlight some key SaaS security concerns and risks: Click here to get more info about: android app builder Giving over control of sensitive data Trust and reliability play big roles in the adoption of any SaaS tool or platform. ...
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