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How bad is the cybersecurity job market?

New data from CyberSeek focuses on the supply and demand in the cybersecurity job market.    The bad news – the talent shortage is nearing a “danger level”, which will put digital privacy and infrastructure at increased risk.  

Quoting channel futures:

From October 2019 through September 2020, there were 166,000 openings for information security analysts, but only 125,570 workers employed in those positions. That’s an annual talent shortfall of 40,430 workers for cybersecurity’s biggest job.

Furthermore, employers continued to struggle to find workers to fill an estimated 355,600 other job openings that request cybersecurity-related skills. On average, cybersecurity roles take 21% longer to fill than other IT jobs.

CyberSeek is a joint initiative among the National Initiative for Cybersecurity Education ( NICE ), Burning Glass Technologies and CompTIA.

Why do we care?

This is a big problem.  For service providers, you’re going to need to plan that you are building this talent, not buying it… and you aren’t buying products either.

Forward viewing providers are going to be allocating funds to building this capability, and dismissing concerns of “they might leave me.”   Sure, but you aren’t solving this problem by buying them on the open market.

Up your training budget, because you have to.   You need to offer these services, and the skills aren’t out there.  This isn’t a buy or build, it’s a build and build again.  

Source: Channel Futures