The growth of multi-cloud environments, coupled with the explosion of SaaS within the enterprise, make managing risk not only complex, but often laborious and expensive. One survey found that 98% of enterprises either use or plan to use at least two cloud infrastructure providers, and 31% already use four or more providers.
Another study discovered that SaaS portfolios grew by a whopping 48% from 2021 to 2022 alone. By 2023, organizations reported using an average of 371 SaaS apps.
These burgeoning technologies are pervasive and growing, and they're creating new threats that may not be well covered by traditional security tools.