Onymos, a leading developer in SaaS solutions for software and application development, has released the “SaaS Disruption Report: Security & Data.” The report highlights growing concerns about security threats within SaaS environments, with 78% of technology leaders expressing significant apprehensions regarding data privacy and security.
- Survey Overview
- Participants: 300 application and software development, IT, and security leaders.
- Conducted By: Onymos in collaboration with Enterprise Strategy Group.
- Focus: Understanding processes, priorities, and challenges related to SaaS solutions, data privacy, and security in midmarket and enterprise organizations in the U.S.
- Key Findings
- Security Concerns: 72% of leaders prioritize security in the application development process.
- Data Privacy: 65% prioritize data privacy.
- SaaS Risks: 45% of tech leaders reported experiencing a cybersecurity incident through a third-party SaaS solution in the past year.
- Data Retention: 91% believe retaining data in custom-built, internal applications is crucial.
- On-Premise Applications: Only 36% run all applications on-premise or on private clouds.
- Industry Predictions
- Gartner’s Forecast: 45% of organizations globally are expected to experience attacks on their software supply chains by 2025.
- Report Confirmation: Findings align with Gartner’s prediction, reinforcing the need for enhanced security measures.
- Statements from Leadership
- Shiva Nathan, Founder and CEO of Onymos: Emphasizes the dual nature of SaaS—accelerating development while introducing risks. Advocates for a reevaluation of SaaS data privacy and security practices to ensure that data access does not compromise security.
- Implications for Enterprises
- Balancing Innovation and Risk: While SaaS solutions drive efficiency and innovation, they also pose risks such as cyberattacks and data leakage.
- Need for Improved Security Practices: Enterprises must address how they manage SaaS data privacy and security to avoid compromising critical business information.
The “SaaS Disruption Report: Security & Data” underscores the significant security and privacy concerns associated with SaaS solutions. As enterprises increasingly rely on SaaS for development, addressing these risks and improving data protection practices is crucial to safeguarding against potential threats.
