Published on : Oct 4, 2022
“The Great SaaS Data Exposure” report from Varonis analyzes SaaS risk at hundreds of companies, shedding light on the tension between productivity and security
The average company with data in the cloud faces $28 million in data-breach risk, according to a new report from Varonis. The Great SaaS Data Exposure examines the challenges CISOs face in protecting data across a growing portfolio of SaaS apps and services such as Microsoft 365, Box, and Okta.
The study highlights how hard-to-control collaboration, complex SaaS permissions, and risky misconfigurations — such as admin accounts without multi-factor authentication (MFA) — have left a dangerous amount of cloud data exposed to insider threats and cyberattacks.
For the report, researchers at Varonis analyzed nearly 10 billion cloud objects (more than 15 petabytes of data) across a random sample of data risk assessments performed at more than 700 companies worldwide.
Key findings from the Varonis report include:
Get the Report: The Great SaaS Data Exposure
"Cloud security shouldn't be taken for granted. When security teams lack critical visibility to manage and protect SaaS and IaaS apps and services, it's nearly impossible to ensure your data isn't walking out the door," says Brian Vecci, Field CTO, Varonis. "This report is a true-to-life picture of over 700 real-world risk assessments of production SaaS environments. The results underscore the urgent need for CISOs to uncover and remediate their cloud risk as quickly as possible."