62% of Companies Hit by SaaS Cyberattacks in 2024 - Andy Fernandez Explores HYCU's Survey Results

SHOCKING SaaS Security Reality Check: Are You Protected?

In this eye-opening interview, HYCU's Senior Director of Product Marketing, Andy Fernandez, reveals alarming findings from their 2025 State of SaaS Resilience Report that every IT leader needs to know.

📊 KEY FINDINGS REVEALED:
62% of organizations experienced SaaS-related cyber incidents in the last year
Average downtime cost exceeds $400,000 per organization
Many incidents cost organizations over $2 million when disruption exceeds several days
Organizations now use 130+ SaaS applications on average (and growing)
Over 50% of SaaS apps operate outside direct IT control

💡 CRITICAL INSIGHTS DISCUSSED:
✅ Why the "vendor will protect my data" myth is dangerous
✅ The hidden "SaaS underbelly" in organizations beyond shadow IT
✅ How the shared responsibility model is still widely misunderstood
✅ The growing disconnect between IT departments and application owners
✅ Why basic 3-2-1 backup rules are ignored for SaaS applications

🎯 WHO SHOULD WATCH:
IT Directors & CISOs
Data Protection Professionals
Business Application Owners
Anyone responsible for SaaS security

📈 HYCU MILESTONES DISCUSSED:
90+ workload integrations in their marketplace
Unified management for SaaS, cloud, and on-premises data
New Trust Center launch for faster security validation

Andy explains why organizations need to shift from pure prevention to cyber resilience and recovery, especially as AI-powered social engineering attacks become more sophisticated.

🔗 RESOURCES:
Download the full State of SaaS Resilience Report: https://www.hycu.com/download/report-state-of-saas-data-protection
Visit HYCU Trust Center: https://trust.hycu.com

This interview is part of the VMblog Expert Interview Series, bringing you insights from leading technology professionals.

TIMESTAMPS
00:00 Intro
00:07 Welcome to Andy Fernandez of HYCU
00:44 Creating the HYCU State of SaaS Resilience Survey
02:56 Most surprising stat from the survey
05:37 Increase in SaaS applications, exposure?
08:44 SaaS application protection
10:22 What's hindering protecting and recovering SaaS application data
12:00 How is security keeping up with the growing threat of SaaS application data disruptions?
13:35 The bare minimum organizations should be doing to meet growing SaaS data protection threats
15:33 What's HYCU been up to?
19:41 Wrap up

#SaaS #Cybersecurity #DataProtection #ITSecurity #BackupRecovery #CyberResilience #HYCU #VMblog