Intelligent CIO Europe Issue 11 | Page 105

/////////////////////////////////////////////////////////////////////////////////////////// FINAL WORD Safeguarding the future and building trust Attack surfaces are expanding at exponential rates. The FOMC emphasises how cybercriminals are no longer tinkering hobbyists, but instigators of a new ‘hacking economy’ that can outpace business innovation. To remain competitive, organisations need to confront the security challenge head on without compromising quality of service. Implementing a robust, future-proofed ecosystem of integrated security and cloud solutions will help to build end-to-end IT services that give key stakeholders greater context, control and visibility into the threat landscape. Coping with compliance The FOMC posits that the intricacies of regulating a borderless digital world is one of the biggest challenges facing governments today. Swift and substantive collaborative action between business and government is needed. Ultimately, the FOMC report believes a global standard for data protection is required within five years. “Eventually, today’s tech-conscious consumers and customers will only want to be associated with the most trustworthy data handlers. There is now a big opportunity to differentiate with best practice and service delivery, particularly in the context multi- cloud’s potential,” added McBain. n IT organisation is and how it compares to what they have. Most are finding their IT organisations are sadly underperforming.” Plugging the skills gap The FOMC report cautions that the multifaceted logistics of monitoring multiple cloud services, containers, APIs and other processes can be daunting and inhibit technology uptake. A significant skill gap also exists to handle this added complexity both now and into the future. Across the world, available workforces are not keeping with the pace of innovation, www.intelligentcio.com with potentially damaging results to business productivity and Digital Transformation capacity. Knowledge silos or lack of collaboration within businesses may further exacerbate multi-cloud apprehension. Looking ahead, the FOMC report urges the business community to do more to “tap into the kaleidoscopic potential of youth and promote industry diversity.” It also calls on the IT industry to better promote the use of smart, context-driven and automated solutions that can spark attractive new career opportunities and free existing workforces to focus on more strategic and rewarding work. “ THE MULTI- CLOUD RAMP-UP IS ONE OF THE ULTIMATE WAKE- UP CALLS IN INTERNAL IT TO GET THEIR ACT TOGETHER. INTELLIGENTCIO 105