The year 2016 has set out to be quite promising for the cyber-security market. According to recent reports, the burgeoning industry is going to see about 1-million job openings this year.
The number of cyber crime cases has grown over the years and companies are facing a serious crunch over the lack of cybersecurity professionals. The Cyber Security Job Trends Survey for 2016 found that 68 percent of the respondents have mentioned that there is a global shortage in cyber-security professionals.
According to thevarguy:
Ryan Corey, co-founder of Cybrary, [a no-cost open online cyber-security course provider] said the numbers should be of concern to not just companies but the general public, as they point to the need for immediate changes to make sure there are a sufficient number of professionals skilled in protecting against cyber security threats.
Exactly. We as consumers are who will ultimately be affected. Further:
Companies with pressing cyber-security needs are finding that there’s a major lack of qualified professionals to fill their positions, which makes them vulnerable to cyber attacks.
Forecasts continue to show the burgeoning cyber-security market could grow from $105 billion in 2015 to as much as $170 billion by 2020. With the ever-growing threat of cyber-criminals, cyber-security professionals are in hot demand, and the trend is expected to continue well into the new year.
The survey had also found that employers are facing significant challenges while trying to hire the right personnel, with recruiters stating that it takes 14 percent longer to fill a job vacancy.
Employers are currently looking for qualified professionals with cyber-security certifications in Security+, CISSP, A+, Ethical Hacking and Network+ and specific skills in Ethical Hacking, CISSP, Malware Analysis, Advanced Penetration Testing and Computer Forensics.
The growing demand for cyber-security professionals is expected to rise to 6-million in 2019. The rise in demand is set to grow at 10.8 percent every year from 2014 until 2019. However, as the rising demand is not being met, a shortage of 1.5-million cyber-security professionals is predicted. In the year 2014 alone, there were nearly 50,000 job openings for CISSP-certified employees in the U.S. while reports show that only 103,000 people worldwide hold a CISSP certification.
With the demand for cyber-security professionals set to grow, there is also a promise of better pay. The Cyber Security Job Trends Survey for 2016 also found that professionals could expect an average paycheck of $25,000 to $50,000 per year, while others reported salaries in the range of $50,000 to $75,000 per year, with paychecks tipping at $100,000 per year.
As 2016 will set the benchmark for jobs in the cyber-security domain, cyber-security professionals have a reason to rejoice.