In the digital age, SaaS businesses have started embracing transformative technologies, such as Artificial intelligence (AI) and cloud computing. According to a research firm, the market for artificial intelligence (AI) is nearly 100 billion USD, which is expected to grow twentyfold by 2030, up to almost 2 trillion USD.
Although AI promises revolutionary advancements and cloud computing enables efficient storage and processing of massive amounts of data, their rapid adoption also raises concerns about cybersecurity. In 2021, the global cost of cybercrime was estimated to be $6 trillion.
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