IBM says in a new report that while the cloud presents a viable solution to enterprises' need for new technology solutions with scaling capabilities, it also poses new security challenges that require a "paradigm shift" in businesses' cybersecurity strategies, according to ITProPortal
. According to the report, the existing talent, budget and capacity constraints facing businesses and their IT personnel become more pronounced when they attempt to scale legacy security models, with only 35% of CISOs and 19% of CEOs claiming they are able to attract and retain professionals with the necessary IT security capabilities, while 49% of business leaders named complexity as the most significant obstacle to an effective cybersecurity protocol. Meanwhile, IBM identified automation, interoperability, collaboration, speed and scale as the hallmarks of cloud security technology, with automated solutions employed six times more frequently by companies that have advanced furthest into cloud integration compared to organizations that have only recently entered the cloud. Companies with more mature cloud security measures also enjoy more than double the increase in profitability and revenue compared to their peers.