"93% of Security Leaders Have Increased SaaS Security Budgets"

According to Valence Security's "2024 State of SaaS Security Report," 58 percent of organizations have had a Software-as-a-Service (SaaS) security incident in the last 18 months. Therefore, 96 percent of security leaders now prioritize SaaS security, and 93 percent have increased SaaS security budgets in 2024. Eighty-four percent expressed confidence in current SaaS security programs or processes. The recent Microsoft "Midnight Blizzard" breach and Cloudflare breach, following the Okta attack campaign, show that SaaS is now a top target for malicious actors. This article continues to discuss key findings from Valence Security's 2024 State of SaaS Security Report. 

Help Net Security reports "93% of Security Leaders Have Increased SaaS Security Budgets"

Submitted by grigby1