SaaS Breaches Surge 300% as Cyber Threats Evolve, Targeting Sensitive Data

SaaS breaches have surged by 300% in the past year, primarily due to outdated security measures failing to protect against evolving cyber threats, as reported by Obsidian Security. Cybercriminals are increasingly targeting Software as a Service platforms to access sensitive data, with the healthcare sector being the most affected, experiencing 14% of all breaches. The report reveals that the integrated nature of SaaS applications facilitates lateral movements by attackers, making compromised identities a primary cause of 85% of these incidents. This underscores the need for enhanced security protocols as organizations transition to SaaS-based data storage.

Opens on Infosecurity Magazine