1IT Security Skills Shortage Means Higher Salaries, More Risks
A new Intel Security study finds the IT security skills shortage is a global issue with no end in sight. Here are critical findings from the study.
2Some Skills in Higher Demand Than Others
According to the study, the top three security skills in demand today are intrusion detection, secure software development and attack mitigation.
3Vast Majority of Companies Lack Sufficient Cyber-security Skills
Around the world, 82 percent of respondents to Intel’s study reported a shortage of cyber-security skills. Different countries, however, reported varying rates, with Mexico reporting the highest percent and the United Kingdom the lowest.
4Security Professionals Make More Money
Because of the shortage of cyber-security professionals, salaries of such professionals are being pushed up. The median cyber-security salary globally is now at least 2.7 times the average wage. In the U.S., the report noted that cyber-security jobs pay a 9 percent premium, or $6,500 more, then other IT professionals.
5Security Skills Shortage Will Continue in 2020
The security skills shortage is not an issue that is confined to 2016. Globally by 2020, 15 percent of cyber-security positions are expected to go unfilled.
6Lack of Cyber-security Skills Makes Companies Hacker Targets
The cyber-security skills shortage is having an impact on organizations. Thirty-three percent of respondents reported that the shortage of cyber-security skills means that companies know they are a target for hackers, as the organization’s security isn’t strong enough.
7Hacking Competition Helps to Build Skills
There are a number of ways to develop cyber-security skills, among them participation in hacking competitions. Sixty-eight percent of respondents indicated that hacking competitions play either a small or big role in helping to improve cyber-security skills.
8Outsourcing Security Work Is Commonplace
One of the approaches that many organizations are using to handle security is to outsource it. Globally, 60 percent of respondents indicated that their organizations outsource some security work.