Onymos announced the findings of
its
SaaS Disruption Report: Security & Data.
It reveals that over three-quarters (78%) of technology leaders are
concerned about security threats in Software-as-a-Service (SaaS) for
application and software development.
The report presents the security insights obtained from an online
survey of 300 application and software development, IT, and security
leaders conducted by Onymos and Enterprise Strategy Group. The survey
aimed to gain a deeper understanding of the processes and priorities in
application and software development among midmarket and enterprise
organizations in the United States, including the use of SaaS solutions as well as security and data privacy.
The SaaS Disruption Report: Security & Data findings emphasize
that enterprises prioritize data privacy and security. However, their
reliance on SaaS solutions continues to put them at risk, posing
significant challenges related to data privacy and security. In fact, Gartner
has predicted that 45% of organizations globally will have experienced
attacks on their software supply chains by 2025. The report reinforces
this projection, with nearly half (45%) of tech leaders reporting that
they have experienced a cybersecurity incident through a third-party
SaaS solution in the past year.
Additional key findings from the report include:
- Security (72%) and data privacy (65%) are the most critical priorities in the app development process
- Nearly all (91%) tech leaders believe retaining data within custom-built, internal applications is crucial
- Only 36% of tech leaders run all of their applications on-premise or on private clouds
"Today, SaaS is integrated into every aspect of application and
software development, serving as a tool to accelerate overall
development processes and as an essential component or plug-in for
specific solutions or products. While it can help drive innovation and
efficiency, it also presents risks. For instance, when companies
purchase a SaaS solution to expedite the creation of an application,
they must provide data access to the third-party SaaS provider in
exchange. By granting this access, enterprises face risks such as
cyberattacks and accidental data leakage," said Shiva Nathan, Founder
and CEO of Onymos. "As we increasingly rely on SaaS to develop our
business-critical applications and software, we must reconsider how we
approach SaaS data privacy and security. It is no longer acceptable to
require companies to hand over their data in exchange for key
functionality or faster time-to-market."
"Onymos' research highlights the growing security concerns
surrounding SaaS applications. By identifying the critical need to
retain data within internal applications, they've uncovered a
significant gap in the market," said Jon Brown, Sr. Analyst, Enterprise
Strategy Group.