The Growing demand and Importance of CyberSecurity skills in 2019
We live in a highly connected world today. Everything from our alarms in the morning to our communications and even our cars has a digital entity. Nearly all our activities leave a digital footprint. This makes all of us and the organisations we work for very susceptible to cyber attacks.
The need to be vigilant and protect against such attacks is becoming non negotiable today. So going by the economics of life, the demand for #cybersecurity professionals is at an all time high and the supply of qualified professionals is diminishing as we speak.
There is no better time to think of a career in cybersecurity, and it is a constantly growing workforce.
Video: Why Cybersecurity Is the Fastest Growing Job market in Digital India
The Growing Field of Cyber Security
1.8 million workforce shortage in cyber security by 2022: 2017 Global Information Security Workforce Study (source: Times of India)
India alone will need 1 million cybersecurity professionals by 2020 to meet the demands of its rapidly growing economy: NASSCOM (source: CSOonline)
News of data breaches are now a daily occurrence. With WannaCry and NotPetya making ransomware and cyber security in general a household issue, the scope for this industry has skyrocketed. Coupled with this is the fact that almost all companies today rely heavily on data. So a breach is highly detrimental to the functioning and reputation of the company. In fact a research paper released by Cisco elaborates on how companies that faced a data breach lost nearly 29% of their revenue! It has become almost a no brainer to invest in both technology and people for cybersecurity.
This creates a ready market for people trained in cyber security. There are of course various different career paths that you can choose within cyber security. If you are looking for a technology based role, network security, web application firewalling and other courses would be a good fit.
If you are more process oriented, information security consulting may be more up your alley.
If you are driven by research Malware and Threat analysis is something you can explore. There are a variety of avenues for you to explore here.
Why A Career in CyberSecurity is more than the money
That cybersecurity is a well paid career option is a well known fact. But there are several factors to consider besides remuneration when it comes to cybersecurity.
Back in the 90’s there was a boom in the demand for software engineers which sustained well into the 2000s. Today we are witnessing a similar mushrooming need for cybersecurity professionals. When there is growing demand for your skill set not only is there a monetary aspect to consider, the learning opportunities are plenty!
Tomorrow’s cybersecurity professionals will be able to dabble in new and interesting technologies like machine learning, artificial intelligence, blockchain technology and more. For those interested in learning and adapting to new needs and requirements, this is one of the most exciting fields to be in.
Because the face of cyber threat is constantly changing, the challenge to keep up with this change is exciting. You will also have the satisfaction of knowing that you can help companies and people stay safe by defending them against cybercrime.
Above and beyond the pay scale, the constant growth and future proofing of the career is an important consideration for people looking to join a cybersecurity career. After all doctors are never going to go out of demand. Cybersecurity professionals are almost like the doctors for information security.
A Booming Career Field
Like we have already mentioned, the need for trained cybersecurity professionals is escalating at an alarming rate. With the advent of the Internet Of Things, cloud based operations, social media and many more technologies, the need for security is constant.
It’s hard to find a profession that outpaces cybersecurity.
According to the U.S. Bureau of Labor Statistics, for example, job growth from 2012 to 2022 for Information Security Analysts is projected to be 37 percent compared with 18 percent for all computer occupations and 11 percent for all occupations.
What was once associated with top secret government agencies and defence organisations, cybersecurity has evolved into a far more involved domain in many industries. Industries such as healthcare, finance, manufacturing and retail all hire cybersecurity professionals to protect valuable information from cyber breaches. A report by job analytics firm Burning Glass Technologies found job postings for openings in cybersecurity have grown three times faster than those for IT job overall, and cyber security professionals are earning 9 percent more than their IT counterparts.
Cybersecurity careers are complex and many roles can be found with banks, retailers and government organizations. On the job, you have to safeguard an organization’s files and network, install firewalls, create security plans and monitor activity. If a breach occurs, you’ll be responsible for identifying the problem and finding a solution quickly. Because of the frequency of cyber attacks, careers are varied and qualified professionals are in demand.
Even in India because of the demonetization drive and the government’s push for Digital India the demand for cybersecurity talent has increased considerably. Breaches are compelling reasons for firms to hire cybersecurity professionals and in India alone salaries have increased by 25-35% over the past year.
Learn Cybersecurity Essentials from Lakhshya Academy
There are a number of core skills needed by anyone entering the cybersecurity employment market. Some of these can be acquired through a basic training program and others require more intensive study and research. Lakhshya Academy has designed courses keeping these differing levels in mind. We have an extensive range of courses that will enable you to put the first step forward into a career in cybersecurity.
From popular courses like ethical hacking, and network security to more research oriented modules on threat intelligence, ransomware and more, Lakhshya’s suite of learning offerings is a significant step towards your career in cybersecurity.
Being trained by experts working in the industry also helps our students get a real world experience of what a career in cybersecurity feels like. This means #LakhshyaAcademy is the place to start for all people interested in advancing their cybersecurity education: current cybersecurity employees looking to build skills, career changers seeking to forge a new path or veterans hoping to retrain for the next phase in life.
Enroll Now: academy.lakhshyalabs.com/enroll.html