article thumbnail

The Rush to SaaS Modernization Can Result in Reputational Damage

CyberSecurity Insiders

That’s why the SaaS market is projected to grow from $251 billion in 2022 to $883 billion by 2029. HIPAA laws require US healthcare facilities to notify prominent media outlets when breaches impact more than 500 patients. However, there is a dark side to SaaS applications.

article thumbnail

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. Collectively, enterprises spend a king’s ransom many times over on cyber defense.