A Thales report, conducted by 451 Research, reveals that 45% of businesses have experienced a cloud-based data breach or failed audit in the past 12 months, up 5% from the previous year, raising even greater concerns regarding to protecting sensitive data from cybercriminals.
Globally, cloud adoption and notably multicloud adoption, remains on the rise. In 2021, organizations worldwide were using an average amount of 110 software as a service (SaaS) applications, compared with just eight in 2015, showcasing a startlingly rapid increase.