Software Development And SaaS Usage Trends - Risks And Benefits

software development saas consumption boom trends cybercrime risks

This past year ago the people of the world faced one of the biggest challenge of this century in Covid-19. Once the Coronavirus pandemic was officially declared, our lives just changed drastically. Millions of people around the world had to live their personal and professional lives from home. This crisis has transformed the idea of work remotely from a suggestion to a fact. Thus, once with this worldwide crisis, even the way people consume software products and technology has changed. 

Software Purchases During Pandemic 

During these times, to ease their lives and cope with the unknown's anxiety and find a balance between work and their personal life, people were more oriented to software products and all sorts of tools that would automatize their work. So the use of software products has been growing significantly since last year, accelerating the need of developers to improve their products. The total technology purchases have gone up during lockdown, raising the bar from 38% in 2019 to 44% in 2020. The overall technology purchases are expected to grow from 2.6% in 2020 to 3.4% by end of 2021, increasing the demand for software, tech consulting & systems integration services, and many other benefits. Honest software reviews websites To help developers meet their users, some software aggregators in the market ease the process for both parts. 

Find The Smart Software Solutions

For example, is an honest software reviews website aiming to be the largest encyclopedia where people can find their tool match. Social Selling Entrepreneur has come as a natural solution during the pandemic as people started to consume more and more social and digital tools to help improve their work or personal life. Before buying a product or a service, people are looking for accurate information or other people's reviews to inform and make a better decision. Therefore, you can find all sorts of software from CRM, Marketing, Finance, Automation, Design, Project Management, E-commerce, and many more on their website. Moreover, apart from their honest reviews, you can find the latest news in the tech and software industry. This site and blog was designed during the pandemic and is meant to help both consumers and developers meet in the middle and work together to improve peoples' lives. On the one hand, they want to help developers find their customers, and on the other hand, they want to help people find what they need to be a better version of themselves and adapt to this digital world. We are also a software comparison website where people can compare multiple products and choose the right one regarding functionality, price, or benefits. Its main goal is to offer people honest software reviews and the necessary information about 

Even though the pandemic has changed radically, people found the ability to adapt and move on, embracing the digital and working from home. Still, we need to socialize. But even if we'll return for good in our offices, the consumption for software development will not drop. On the contrary, people and companies will continue to purchase and use whatever tool will improve their work and boost their business after such times. That's why you've better read some honest reviews on specific websites. 

SEMrush SEO Solution

Speaking of software solutions, SEMrush ahead of an upcoming IPO is releasing an awesome new feature inside the Client Manager tool, aimed at honing and simplifying one of the most complex and significant stages of your workflow – client reporting. This is where we’re going to need your help. This top SEO SaaS solutions is also sharing their process for building the most target, relevant and successful links with a live audience. The cool part is, the websites they’ll use for the walk-through will be audience submissions - so submit your site for a chance to be featured in their presentation!

Software Buying And SaaS Use Boom Creates Increased Security Risks 

But with a boom in software use and a bigger shift towards digital comes more cybersecurity risks like hacking and computer viruses. One simple example is all of the Zoom meetings and calls that were hacked into when it was the most popular video chat program going. But that's really just the tip of the iceberg when it comes to software vulnerabilities and other digital security risks

You must train employees how to use SaaS programs correctly and to recognize phishing emails. Work with a technology partner to help ensure your data is secure. Have employees change their passwords regularly. Maintain up-to-date antivirus and firewall software. Use an encrypted virtual private network to maintain data security Have employees use passwords with multiple characters, numbers, symbols, and capitalized letters mixed with lowercase. They may be better targets for financial gain than individuals. They may have more valuable information, such as personal information and employee data, than individuals. Their employees often are easy targets for phishing emails. Some businesses might not maintain up-to-date cybersecurity for their data, but here is some top cybersec information we found. 

Cybercrime Statistics

There is a lot of new data on the market for cybercrime, hacks, malware, and ransomware. Cybercrime has increased by 600% since the COVID-19 pandemic. MacOS malware has grown by 165% in the past year. Email is used to deliver 92% of malware. Of information security professionals, 50% say their companies are unprepared to resist a ransomware attack. One-third of businesses attacked by malware took at least a week to recover their data. Three in four companies that become infected by malware had up-to-date endpoint protection. The average business spends $133,000 on a ransomware attack. Ransomware costs companies more than $75 billion every year. A business will be the victim of ransomware every 11 seconds this year. Newly hired employees present the most risk from socially engineered attacks such as phishing. Of IT professionals, 56% name targeted phishing as their top threat to security. Users open 30% of phishing messages; 12% of them wind up clicking on the malicious link or attachment. 

Ransomware attacks are increasing by more than 350% every year. Of small businesses, 47% have had at least one cyber attack in the last year; 44% of those experienced two to four attacks. Seven in 10 businesses are not prepared to address a cyber attack. Two-thirds of businesses with more than 500 users never ask their employees to change their passwords. Two-thirds of small businesses say they are “very concerned” about cyber security. About 60% of small businesses go under within six months of a cyber attack or digital scam.

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