Report: SaaS app spending up, however safety lags behind

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66% of organizations report spending extra on software-as-a-service (SaaS) apps, however few are targeted on securing them.

Over the previous few years, SaaS adoption amongst companies has skyrocketed, and it’s straightforward to see why. SaaS apps supply an economical, scalable and dependable approach for corporations to rapidly optimize their operations. Virtually anybody can register for a SaaS app and join it to work-related information.

So it’s not shocking {that a} latest examine by Axonius discovered 66% of organizations are presently spending extra on SaaS in comparison with a 12 months in the past. And there’s no signal that this pattern is slowing down, as a big majority (74%) claims that greater than half of their apps are actually SaaS-based, whereas solely a 3rd (34%) mentioned they have been involved concerning the prices related to this rising utilization.

However there’s a catch. The examine, which surveyed greater than 500 senior determination makers at enterprise organizations throughout the USA, United Kingdom, and Europe, particulars simply how far behind SaaS safety is lagging when it comes to urgency and precedence. A majority of respondents (60%) ranked SaaS safety fourth or decrease on their checklist of present safety priorities, regardless of their organizations’ vital latest funding in SaaS-based apps.


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Although these leaders acknowledge the related dangers, with 66% of respondents admitting the rise in SaaS functions has resulted in additional complexity and elevated safety considerations inside their organizations, it has turn out to be almost inconceivable for IT and safety groups to maintain up. Respondents pointed to restricted time and assets (28%), stress to concentrate on different points from the C-suite (23%) and staffing shortages (15%) as their major causes for not prioritizing SaaS safety.

SaaS adoption has solely simply begun, and if safety continues to be left on the backburner, an organizations’ customers and their customers’ finish prospects will proceed to be in danger.

“Why SaaS Safety Is a Precedence (Even If You Don’t Know It But)” was accomplished by Savanta in H1 2022. Greater than 500 senior determination makers from the US, the UK, and Europe have been polled.

Learn the full report from Axonius.

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