Page 82 - Cyber Defense eMagazine August 2024

1. 70% of Organizations Have Dedicated SaaS Security Teams

Despite economic instability and major job cuts in 2023, organizations drastically increased investment
in SaaS security. In fact, the survey found, enterprises added headcount to SaaS security in 2023, with
56% increasing SaaS security staff.

The emergence of SaaS-specific security roles was identified for the first time in the annual survey: 57%
percent reported having a SaaS security team of at least two full-time staffers, while another 13% said
they had one person dedicated to securing SaaS applications.

SaaS security budgets are also increasing. The survey found that 39% of organizations increased SaaS
cybersecurity budgets in 2023 compared to the previous year.

[Figure 1: How investment in SaaS security has shifted from 2022 to 2023]

“For years, SaaS security has been an afterthought. However, the landscape depicted in this year's
survey paints a dramatically different picture, one where SaaS security has surged to the forefront of
corporate agendas,” the CSA says in the report.

Cyber Defense eMagazine – August 2024 Edition 82
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