Cyber Security Boom
India is in big need of cybersecurity professionals.
With several recent analysis, India's cybersecurity journey so far proves this demand. But is the country ready to meet this demand and is it preparing a cybersecurity workforce for the unforeseen cyber future? A report titled “India Cyber security Services Landscape” by Nasscom-Data Security Council of India (DSCI) predicts that the Indian cybersecurity services industry would grow at a compound annual growth rate (CAGR) of about 21 per cent to touch $13.6
The Covid-19 pandemic has created a major talent crunch in the cybersecurity field, according to a report by professional recruitment services firm Michael Page India titled ‘The Humans of Cybersecurity.’
As companies continue to emphasise on cybersecurity and heightened employee awareness, the focus on cybersecurity has increased more than ever. However there seems to be a huge supply-demand gap, this has led to an increase in hiring for available positions on permanent or contractual basis. The demand for roles such as Security Engineers, Cybersecurity Analysts and Cybersecurity Engineers is on the rise.
While countries went through lockdown and quarantine measures, people at home started spending far more time online than before which created a new set of opportunities for cybercriminals. 19 million ransomware and phishing attacks were identified in Asia from February to May 2020, with many being Coronavirus-themed,” it said.
Nearly 95 per cent of businesses in APAC do not have adequate cybersecurity practices in place, making them especially vulnerable to attacks.
Investing in the right tools is definitely a start, but one of the best ways to plug these security gaps is to hire the right cybersecurity talent,” the report said.