03 Mar Cybersecurity Jobs Report
Cybersecurity Jobs Report
A SPECIAL REPORT FROM THE EDITORS AT CYBERSECURITY VENTURES
The Cybersecurity Jobs Report provides cybersecurity job market trends, statistics, notable employment activity, and resources for job seekers, employment managers, recruiters, search firms, corporate executives, engineers, consultants, and sales and marketing executives.
Cybersecurity workforce shortage to reach 1.5 million by 2019.
- “The demand for the (cybersecurity) workforce is expected to rise to 6 million (globally) by 2019, with a projected shortfall of 1.5 million” stated Michael Brown, CEO at Symantec, the world’s largest security software vendor.
- The “Cisco 2014 Annual Security Report” warns that the worldwide shortage of information security professionals is at 1 million openings, even as cyberattacks and data breaches increase each year.
- More than 209,000 cybersecurity jobs in the U.S. are unfilled, and postings are up 74 percent over the past five years, according to a Peninsula Press (a project of the Stanford University Journalism Program) analysis of numbers from the Bureau of Labor Statistics. The demand for information security professionals is expected to grow by 53 percent through 2018.
- A recent CNBC story quotes a Rand Corporation study which estimates there are around 1,000 top-level cybersecurity experts globally vs. a need for 10,000 to 30,000.
- Cybersecurity workers can command an average salary premium of nearly $6,500 per year, or 9% more than other IT workers, according to the “Job Market Intelligence: Cybersecurity Jobs 2015” which is published by Burning Glass Technologies.
- According to a recent report from DICE, a leading IT job board, the top five IT security salaries are: No. 1 – lead software security engineer at $233,333; No. 2 – chief security officer at $225,000; No. 3 – global information security director at $200,000; No. 4 – chief information security officer at $192,500; and No. 5 – director of security at $178,333.
- IDC predicts that “by 2018, fully 75 percent of chief security officers (CSO) and chief information security officers (CISOs) will report directly to the CEO, not the CIO”. This will arguably push those positions higher up in to the salary stratosphere.
- U.S. News and World Report ranked a career in information security analysis eighth on its list of the 100 best jobs for 2015. They state the profession is growing at a rate of 36.5 percent through 2022.
- Cybersecurity positions are more likely to require certifications than other IT jobs. One third (35%) of cybersecurity jobs call for an industry certification, compared to 23% of IT jobs overall, according to Burning Glass Technologies.
- According to a 451 Research Q2 2015 study, based on responses from over 1,000 IT professionals, primarily in North America and EMEA, security managers reported significant obstacles in implementing desired security projects due to lack of staff expertise (34.5 percent) and inadequate staffing (26.4 percent). Given this challenge, only 24 percent of enterprises have 24×7 monitoring in place using internal resources.
- Burning Glass Technologies states that one third (35%) of cybersecurity jobs call for an industry certification, compared to 23% of IT jobs overall.
- A recently released survey commissioned by Raytheon Cyber and the National Cyber Security Alliance states that men are five times more likely than women to consider careers in cybersecurity. 4,000 adult respondents aged 18-26 from countries including the U.S., Qatar, France, Poland, Germany, Saudi Arabia and Japan participated.
Steven C. Morgan, Editor-In-Chief
- is Founder and CEO at Cybersecurity Ventures, and Editor-In-Chief of the Cybersecurity Market Report and the Cybersecurity 500 list of the world’s hottest and most innovative cybersecurity companies. Steve writes the weekly Cybersecurity Business Report for IDG’s CSO, and he is a contributing writer for several business, technology, and cybersecurity media properties.
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