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What’s the Demand Like for Cyber Security Engineers?

· Technology

Demand for Cyber Security engineers is projected to grow 12-percent between 2016 and 2026, which is a faster rate than that of the average for all other occupations, according to this job outlook report. The demand for Cyber Security engineers will continue to grow as businesses, governments, and other organizations rely more on digital platforms.

The good news, according to Cyber Security Ventures, is that there will be 3.5 million Cyber Security job openings by 2021. The bad news (at least from a business owner’s perspective) is that there will be a corresponding widening skill gap regarding Cyber Security professionals.

Must know about the CCNP Security professionals.

The Forbes article from a couple of years back called Cyber Security, “the fast-growing job with a huge skill gap.” The article cites an ISACA report that predicted a world shortage of two million Cyber Security professionals by 2019. And here we are in 2019, and the situation is only getting direr. In the US alone, 40,000 Cyber Security analyst positions go unfilled.

In terms of cyber-related crime, Cyber Security Ventures also predicts that the annual costs of cyber-crime damages will increase dramatically, going from $3 trillion in 2015 to $6 trillion by 2021. Consequently, in the period between 2017 and 2021, cyber-spending is predicted to reach over $1 trillion cumulatively.

Although countless companies are hiring Cyber Security engineers, these ten companies lead the pack in Cyber Security professional hiring.