Comment by iforgotpassword

Gives higher ups peace of mind. Same reason they love to move everything to the cloud and happily ignore any privacy concerns.

If you run something in-house and there is a security breach, it gets really uncomfortable, as you need to ask questions, assign blame, draw consequences. If $BIG_SAAS_PROVIDER gets their entire database leaked then well, it's not your fault, also if even $BIGCORP gets hacked it must have been really professional hackers and it can hardly be you made a bad call here. Nobody ever got fired for buying IBM.