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Cybersecurity Salary Inflation – A Red Flag

Discussion in 'Network World' started by RSS, Apr 18, 2016.

  1. RSS

    RSS New Member Member

    If you follow my blog at all you know that I am quite passionate about the cybersecurity skills shortage and its ramifications. Just to put this issue in perspective, ESG research indicates that 46% of organizations claim they have a “problematic shortage” of cybersecurity skills in 2016 as compared to 28% in 2015 (note: I am an ESG employee).

    Yup, the ESG research seems to indicate that things are getting worse on an annual basis, and ESG isn’t alone in this belief. For example:

    • According to Peninsula Press (a project of the Stanford University Journalism Program), more than 209,000 US-based cybersecurity jobs remained unfilled and postings are up 74% over the past 5 years.
    • Analysis of the US Bureau of Labor Statistics indicates that the demand for cybersecurity professionals is expected to grow 53% by 2018.

    Adding to this trend, Computerworld research indicates that more than half of security managers expect their organizations to increase cybersecurity headcount this year adding more pressure to the pot.

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