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CYBER SECURITY


Although cyber-attacks are growing in frequency and sophistication, the availability of sufficient skilled cyber security professionals is falling behind.

UPCOMING OPPORTUNITIES

With Government of India initiatives like "Digital India" gathering strength, it is estimated that nearly 1.7 crore jobs will be generated due to this initiative of which a large chunk will be for Cyber Security professionals. India requires 1 million cyber security professionals by 2020 to meet local and export market demand.

GLOBAL REQUIREMENTS

  • 4 million job openings in 2016
  • 6 million job opportunities by 2020
  • 36.5% growth rate through 2022
  • 1.5 million workforce shortfall by 2020

TOO MANY THREATS......

  • 1 billion plus records containing personally identifiable information were leaked in 2014.
  • 25% organsations have experienced advanced persistent attack.
  • $154 each is the average cost paid for each lost or stolen record containing sensitive data in 2015.
  • 97% believe advanced persistent threat represent credible danger to national security and economic stability.
  • $150 million is the projected average cost of information breach by 2020.
  • 75% believe probability of organisations being hacked through internet of things devices is high or medium.

TOO FEW EXPERTS....

  • 1 million global shortage of cyber security professionals by 2020.
  • 3x growth rate of cyber security job versus overall IT jobs.
  • 89% people believe that it is important for organizations to have cyber security certified employees.
  • 53% firms experience delays as long as 6 months to find qualified cyber security candidates.
  • 50% or fewer of applicants for open cyber security jobs are qualified.

QUOTE

"Cyber Security sector is about $ 2.5 - 3 billion or about 2% of $150 billion indian IT sector. With the sector on track, it will reach to $350 billion by 2025 of which 10% of this value is expected to be of Cyber Security" - NASSCOM.

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