Remove 2029 Remove Data breaches Remove Phishing Remove Risk
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The Rush to SaaS Modernization Can Result in Reputational Damage

CyberSecurity Insiders

When cyberattacks lead to data breaches and the publication of personal information, trust is eroded, resulting in additional fallout from the attack – the loss of customers. These breaches can be a big deal. That’s why the SaaS market is projected to grow from $251 billion in 2022 to $883 billion by 2029.

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Author Q&A: Former privacy officer urges leaders to prioritize security as part of cloud migration

The Last Watchdog

Related: What China’s spy balloons portend A stark reminder of this relentless malaise: the global cyber security market is on a steady path to swell to $376 billion by 2029 up from $ 156 billion in 2022, according to Fortune Business Insights. Cyber risks from third-party vendors further complicate the situation.