A new study shows that 69 percent of tech executives believe shadow IT is a top security concern related to SaaS adoption.
The report from automated SaaS management platform Torii reveals 41 percent of executives say challenges with SaaS spend visibility and optimization have impacted the way their organization operates.
Shadow IT — applications that are part of the company’s ecosystem but aren’t sanctioned by the IT team — are of great concern because if IT teams don’t know these applications exist, they have no way of protecting the sensitive data that flows through them. However, tracking the purchase of these unsanctioned apps is becoming harder in a remote and hybrid world. Over half (52 percent) of respondents say that individual employees are purchasing their own apps without IT’s knowledge and 36 percent say the same thing is happening with line of business (LOB) managers.
To cope with the problem 64 percent of respondents are evaluating or deploying SaaS management tools to better handle these challenges in the next two years. Technology execs also plan to improve processes (69 percent), and increase IT headcount (50 percent).
There’s a clear pandemic effect too, with 54 percent of respondents indicating that their company’s leadership views technology differently now compared to before the COVID-19 pandemic began. The pandemic has increased SaaS tool adoption (53 percent) — and with that, increased security risk (32 percent), and driven more of a security focus within the organizations (26 percent).
“The truth of the matter is SaaS adoption is growing at an unprecedented rate, and many organizations don’t realize the risks that come with SaaS tools being adopted without IT involvement,” says Uri Haramati, CEO and co-founder of Torii. “Organizations must turn to trusted SaaS management platforms to give them the insight and visibility they need to minimize threats, maximize efficiencies, and create the best experience possible for their employees — only then will companies realize the true value of SaaS.”
You can read more about the findings on the Torii blog.
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