96% of Security Executives Indicate SaaS Security is a High Priority in Valence Security's 2024 State of SaaS Security Report
New York, New York--(Newsfile Corp. - May 2, 2024) - Valence Security, the only SaaS security company that provides advanced visibility and remediation capabilities to find and fix SaaS security risks, today released its 2024 State of SaaS Security Report which found that more than half, 58%, of the organizations were affected by a SaaS security incident in the last 18 months.
- New York, New York--(Newsfile Corp. - May 2, 2024) - Valence Security, the only SaaS security company that provides advanced visibility and remediation capabilities to find and fix SaaS security risks, today released its 2024 State of SaaS Security Report which found that more than half, 58%, of the organizations were affected by a SaaS security incident in the last 18 months.
- Likely, as a result, 96% of security leaders have made SaaS security a top priority and 93% have increased SaaS security budgets in 2024.
- In addition, confidence in current SaaS security programs or processes is high, with 84% saying they are very or extremely confident.
- Key challenges in SaaS security include distributed management of applications outside IT/security teams, governing Generative AI adoption, and the complexity of SaaS configurations.