By Sneha Bokil - November 20, 2019 3 Mins Read
The latest report from the Cybersecurity Workforce Study from ISC2 reveals that the world is facing a considerable cybersecurity workforce shortage; even at currently 2.8 million cybersecurity professionals worldwide
Cyber security is one of the most prominent concerns organizations are combating in today’s digital age. There has been a rapid increase in the number of cyber risks across the globe. At the same time, organizations worldwide are struggling to find talented professionals who can fight against these cyber risks.
The latest report from the Cybersecurity Workforce Study from ISC2 reveals that the world is facing a considerable cybersecurity workforce shortage. There are currently 2.8 million cybersecurity professionals worldwide, the report found; against the current estimated need for cybersecurity professionals that stands at 4.07 million.
According to the ISC2 report, not a lot has been done to address the issue of the cyber security workforce shortage. In the US, there are around 8 lakh cyber security professionals, which is nowhere close to the number of cybersecurity jobs needed to protect government agencies, Fortune 500 companies, and small and mid-sized businesses.
The report stated that as per 65% of cybersecurity professionals, their organizations are facing a cybersecurity workforce shortage. Around 50% of the respondents noted that organizational training budgets would be increasing over the next year. As per the report, talent retention is a constant struggle in the present labor market, which is rigid. There would soon be a huge shortage of professionals can as the number and severity of cyber attacks intensify.
Furthermore, the report offers a few solutions for dealing with the IT talent crunch and boosting overall cyber defense capabilities. There are four different strategies that organizations can use to build and retain cybersecurity teams.
Organizations and government agencies that can adapt their training and professional development initiatives to address and solve these challenges would be able to solve the cybersecurity workforce shortage.
Sneha Bokil is a Senior Editor with OnDot Media. She writes editorials on an array of topics ranging from IoT, AI, ML, and cloud computing, among others. She has over 9 years of experience in the field of content creation, where she has written on technology, both enterprise and consumer, and finance.
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