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BRIDGING THE CYBER
INDUSTRY’S RECRUITMENT
GAP TO ENSURE READINESS
With cyberattacks resulting in huge financial losses,
there is an increasing need for skilled cybersecurity
professionals at global enterprises. John McCumber,
Director of Cybersecurity Advocacy, (ISC) 2 , talks to
Intelligent CIO about why businesses must develop
robust security capabilities to stay ahead of the curve as
the world moves further into the ‘golden age of threat’.
C
ybersecurity can no longer be an
afterthought. Mass cyberattacks
resulted in the loss of nearly US$172
billion (about AED632 billion) globally in
the last year alone, as per the 2017 Norton
Cybersecurity Insights Report, urging
companies to re-assess their approach
to organisational security. Staffing niche
security positions is vital as it allows
companies to reduce the possibility of
targeted cyberattacks by staying ahead of
the curve. Moreover, in the race to keep up
with rapid developments in tech, companies
are increasing their investment in futuristic
www.intelligentcio.com
technologies to enhance efficiencies – for
instance, analysts from market research firm
Technavio estimate that the global artificial
intelligence-based cybersecurity market will
grow at a compound annual growth rate
(CAGR) of more than 29% in the period
between 2018 and 2022.
As of now, it is difficult to quantify the cyber-
risks involved as enterprises move forward on
new technical capabilities. While businesses
certainly cannot afford to ignore the benefits
of automation, they must acknowledge
that a qualified workforce is indispensable
“
STAFFING NICHE
SECURITY
POSITIONS
IS VITAL AS
IT ALLOWS
COMPANIES TO
REDUCE THE
POSSIBILITY
OF TARGETED
CYBERATTACKS BY
STAYING AHEAD
OF THE CURVE.
INTELLIGENTCIO
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