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According to McKinsey, the global SaaS market is now valued at $3 trillion, and their estimations show it could increase to a whopping $10 trillion by 2030. Unless specifically built into the contract upfront, viruses and malware, insider threats, and issues caused by human or configuration error are usually not covered by the SaaS provider.
However, by 2030, this industry is expected to generate more than $115 billion in revenue every single year! However, some of these technically sophisticated criminals are designing systems that allow other people to also distribute malware. Certain kinds of technology create certain vulnerabilities.
Multi-modal behavior will be a trend moving forward – a ransomware threat that started with a phishing email, leveraged by a remote access implementation that was not fully secured, and then exploited a known (or unknown) vulnerability as part of an organization’s technology stack. Our recent report found 41.5
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