Cloud adoption was already strong heading into 2020. According to a study by O’Reilly, 88% of businesses were using the cloud in some form in January 2020. The global pandemic just accelerated the move to SaaS tools. This seismic shift where businesses live day-to-day means a massive amount of business data is making its way into the cloud.
All this data is absolutely critical for core business functions. However, it is all too often mistakenly considered “safe” thanks to blind trust in the SaaS platform. But human error, cyberattacks, platform updates and software integrations can all easily compromise or erase that data … and totally destroy a business.