Future of jobs

Cybersecurity experts become the new must-have hire

By Alex Wood 14 September 2015

The fightback starts today.

It’s no secret that Cybersecurity is fast becoming one of the biggest trends that we all need to be on top of.

With incidents happening almost every day, big business and governments are both taking the issue more seriously than ever. Naturally the jobs market has reacted with figures released today by Procorre revealing 14% of all British tech vacancies are for cybersecurity roles.

Demand is high and salaries are rising, the report also showed that 15% of these new roles now command of pay packets of over £100,00.

Government fightback

Like many fast growing areas in the UK, there is an acute lack of talent to fill the gap. The Government is keenly aware of this and recently backed the launch of CyLon, Europe’s first cybersecurity business accelerator.

Run by the already successful Ignite Accelerator, the programme will see businesses work closely with government agencies to help the fightback against cybercrime.

Universities have also stepped in. Oxford, Warwick, University College London, and Royal Hollway all now offer degrees in various forms of Information Security.

Growing number of data breaches

After a series of high-profile breaches, data security has gone from niche topic to the top of many corporate agendas.

Half of US firms have responded with increased cybersecurity budgets in the past two years. This comes after numerous breaches including extra-marital affairs site Ashley Madison, which saw the details of millions of users leaked.

Further analysis of Ashley Madison’s data made for tough reading as The Memo revealed last month up to 95% of the site’s users were men and 130 British government emails were used to sign up.

Hitting the bottom line

Aside from the public humiliation, cybersecurity can hit the bottom line as companies could be at risk of fines up to 5% of global revenue following debates in the European Parliament.

Commenting on the jobs report, Wiktor Podgorski, Contracts & HR Manager at Procorre, said:

“With the new directive imminent, businesses need to be even more secure with the data they are storing. Cyber security experts are being drafted in to address any concerns that could see hackers access sensitive information, which may lead to a drop in revenue and a hefty fine. Not to mention the reputational damage.”