As businesses continue to rely on cloud services for all sorts of applications, computing, and storage services, each with its APIs, they dramatically increase their attack surface. It’s a situation that results in prime breeding grounds for cyber threats and, therefore, drives the need for managed detection and response (MDR) services. Consider the software-as-a-service (SaaS) market. It has grown steadily from a $31.4 billion market in 2015 to $232.3 billion in 2024, according to Techopedia.