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Average company with data in the cloud faces $28 million in data-breach risk

Hard-to-control collaboration, complex SaaS permissions, and risky misconfigurations — such as admin accounts without multi-factor authentication (MFA) — have left a dangerous amount of cloud data exposed to insider threats and cyberattacks, according to Varonis.

For the report, researchers analyzed nearly 10 billion cloud objects (more than 15 petabytes of data) across a random sample of data risk assessments performed at more than 700 companies worldwide.

Companies face dangerous cloud data risks

In the average company, 157,000 sensitive records are exposed to everyone on the internet by SaaS sharing features, representing $28 million in data-breach risk, Varonis researchers have found.

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