October is "National Cyber Security Awareness Month," putting the spotlight on the need to keep data safe. In particular, as businesses continue to invest in SaaS-based solutions, they must rethink their risk management strategies to prioritize protecting one of their most important assets: SaaS app data. The transition to cloud and the adoption of SaaS-based applications is not a new phenomenon, but the pandemic clearly accelerated the shift. Notably, cloud spending increased 37% to $29 billion during the first quarter of 2020 alone, despite an expected 8% decline in overall IT spending. With hybrid and remote working models now becoming the norm, this reliance on cloud and SaaS will surely continue as organizations look for scalable and cost-effective ways to provide employees with anytime, anywhere access to information.
Posted October 05, 2021