Severe Workforce Shortage on the Horizon for Cybersecurity Job Market (CSO)


The global cybercrime epidemic – predicted to cost the world $6 trillion annually by 2021 – is creating an unprecedented shortage of cybersecurity workers.

These 10 facts, figures, statistics, and observations sum up the employment crisis – and offer a few ideas and programs that may help solve the problem:

  • The 2014 Cisco Annual Security Report ventured what became a widely popular cybersecurity jobs forecast over the past three years, originally stating “It’s estimated that by 2014, the industry will still be short more than a million security professionals across the globe.”
  • Cybersecurity Ventures predicts there will be 3.5 million unfilled cybersecurity positions globally by 2021. Every IT position is also a cybersecurity position now. Every IT worker, every technology worker, needs to be involved with protecting and defending apps, data, devices, infrastructure, and people. If that is true, then the cybersecurity workforce shortage is even greater than what the numbers suggest.