Software as a Service (SaaS) allows businesses to use ready-made, cloud-hosted software solutions but can present security vulnerabilities. Mitigating these includes better data encryption, regular monitoring, and use of SaaS-specific security tools. Factors considered include potential data breaches, account hijacking, inadequate identity and access management, malware and ransomware attacks, misconfiguration, insufficient API security, insider threats, phishing attacks, insecure interfaces and system vulnerabilities, shared technology control, compliance risks, and data loss.

New Willis survey highlights changing global trends in cyber risk strategy for directors and officers – TradingView
Summarize this content to a maximum of 60 words: New Willis survey highlights changing global trends in cyber risk strategy for directors and officers TradingView