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Obsidian Security Launches 2025 SaaS Security Threat Report Revealing 300% Year-Over-Year Surge in SaaS Breaches

Jan 27, 2025 - financialpost.com
Obsidian Security has released its 2025 SaaS Security Threat Report, highlighting a 300% increase in SaaS breaches from September 2023 to 2024. The report emphasizes the critical role of securing SaaS identities, with 99% of breaches originating at the identity provider (IdP). Despite the widespread use of Multi-Factor Authentication (MFA), it failed to prevent 84% of attacks, underscoring the need for more robust security measures. The report also notes the rapid pace of breaches, with data exfiltration occurring in as little as nine minutes, necessitating real-time monitoring and response strategies.

Emerging threats include vulnerabilities in SaaS integrations, risks associated with AI applications, and the expansion of unauthorized "shadow" SaaS applications. The average cost of a SaaS breach has risen to $4.88 million, yet security investments lag behind the rapid adoption of SaaS solutions. Obsidian Security's findings have influenced updates to the MITRE ATT&CK framework, highlighting the need for organizations to reassess their security strategies. The report is available for further insights, and Obsidian offers solutions to reduce the SaaS attack surface by 85%.

Key takeaways:

  • Obsidian Security's 2025 SaaS Security Threat Report reveals a 300% year-over-year increase in SaaS breaches, primarily due to identity compromises.
  • 99% of SaaS compromises originate at the identity provider, highlighting the critical importance of securing SaaS identities.
  • Multi-Factor Authentication (MFA) failed to prevent attacks in 84% of incident responses, indicating the need for more robust security solutions.
  • The average cost of a SaaS breach has risen to $4.88 million, yet security investment in this area lags behind the rapid adoption of SaaS solutions.
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