Job prospects are booming in cybersecurity as the industry struggles to attract enough qualified staff. These shortages are undermining the security industry’s ability to protect organisations and businesses from a sharp rise in data breaches, computer viruses and ransomware. By 2022, there will be a shortfall of 1.8 million cybersecurity workers globally, according to the Global Information Security Workforce (GISW) study. And the US Bureau of Labor Statistics predicts a 36% increase in demand for cybersecurity staff by 2024, twice the level of demand for other digital workers. The lack of supply is pushing up salaries, making cybersecurity one of the most lucrative careers in technology. Almost three quarters of UK security professionals earn more than £47,000 a year and 39% earn more than £87,000, says the GISW study.
Cyberattacks are becoming more frequent and more serious. This year’s unprecedented WannaCry ransomware attack affected 230,000 computers in 150 countries. A spike in cybercrime is being fuelled by malware-for-hire, which makes it easy for criminals to launch cyberattacks with computer viruses rented online.