Recent News Coverage Focused on Cybersecurity Strategy and Leadership Recruiting

January 3, 2022

The challenges surrounding cybersecurity leadership recruiting in 2022 are multi-faceted. As reflected in a recent ISACA survey, there is a severe cybersecurity talent gap in the United States, with companies and organizations often struggling to identify and secure the cyber leaders they need to successfully defend against cyberterrorists and other digital threats that have emerged in recent years. More than 60-percent of survey respondents report that their cybersecurity teams are understaffed, and 55-percent report having currently unfilled cybersecurity leadership positions. Even those companies whose cyberteams are fully staffed are having to manage additional levels of risk created by the expanding work-from-home reality brought on by the pandemic.
Addressing this problem will require an all-hands-on-deck approach. Schools need to engage more children in STEM studies at an earlier age. More universities need to follow the lead of Le Moyne College and establish cybersecurity majors and minors. Companies and organizations need to be more proactive in developing and mentoring young cyberleadership talent, and, working together with cybersecurity recruiting firms, they must deploy strategies to build larger and more diverse candidate pools from which to choose.
As one of the nation’s premier cybersecurity recruitment agencies, we are specialists in securing the most experienced and talented cyber leaders – both active and passive – to help keep your organization and its people safe.  We deliver critical team members, including Chief Information Security Officers (CISOs), Business Information Security Officers (BISOs), Chief Revenue Officers, Chief Security Officers, Chief Product Security Officers, Chief Technology Officers, and many others to organizations across myriad industries including energy, financial services, oil-and-gas, philanthropy, security detection and response, and transportation.

News coverage of the current cybersecurity landscape provides additional insights and perspectives to guide your company’s cybersecurity strategy. A compilation of recent news articles is listed below.

Dark Reading
“Four Out of Five Organizations Are Increasing Cybersecurity Budgets for 2022”
December 14, 2021

“As enterprises plan and set budgets for the new year ahead, the vast majority are expecting to channel more dollars toward enhancing their cybersecurity efforts. According to the latest survey from the Neustar International Security Council (NISC), conducted in November 2021, 81% of organizations have committed to bolstering their cybersecurity budgets for2022. Nearly one-quarter (24%) of respondents are increasing allocations between as much as 31% to 50% over this past year, while more than four in ten(41%) are raising budgets 11% to 30%.”

Analytics Insight
“Top 10 Cybersecurity Challenges to be Prepared for in 2022”
December 12, 2021

“Over the years, the number of cyberattacks has been increasing exponentially. As a matter of fact, the losses incurred by the organizations because of such attacks are insanely huge. The deficiency in the security systems has also resulted in certain companies going bankrupt. There is thus an urgent need for organizations to be fully prepared for the challenges in the cybersecurity domain. On that note, have a look at the top 10cybersecurity challenges to be prepared for in 2022.”

“Bosses are reluctant to spend money on cybersecurity. Then they get hacked”
December 7, 2021

“Many businesses still aren't willing to spend money on cybersecurity because they view it as an additional cost – and then find theyhave to spend much more cash recovering from a cyber incident after they get hacked. 

“Cyberattacks like ransomware, business email compromise (BEC) scams and data breaches are some of the key issues businesses are facing today, but despite the number of high-profile incidents and their expensive fallout, many boardrooms are still reluctant to free up budget to invest in the cybersecurity measures necessary to avoid becoming the next victim.”

“Tackling the Cybersecurity Talent Gap: 4 Tips for Employers”
December 6, 2021

“Few industries are growing faster than cybersecurity. However, for the amount of buzz around the space, one major issue continues to plague it: a dearth of talent. According to the (ISC)2 Cybersecurity Workforce Study for 2020[1], the cybersecurity industry is facing an extreme shortage of talent, needing approximately 3 million qualified professionals. Pair this with the fact that the category is set to experience a compound annual growth rate of 10.9% from 2021 to 2028[2], and it is no surprise that businesses are scrambling to find ways to fill the talent pipeline.”

Venture Beat
“Report: Cybersecurity recruitment, training misses the mark”
November 24, 2021

“As the massive shortage of security talent and skills continues, sub-par recruitment processes and outdated training for cybersecurity professionals are exacerbating the problem, according to a new survey. If hiring and training processes are adjusted, however, retention of workers and the availability of crucial cyber skills can both be improved, said Adi Dar, founder and CEO of security skills development platform provider Cyberbit, which conducted the survey.”

MIT Technology Review
“Security is everyone’s job in the workplace”
November 22, 2021

“Hackers around the globe are smart: they know that it isn’t just good code that helps them break into systems; it’s also about understanding—and preying upon—human behavior. The threat to businesses in the form of cyberattacks is only growing—especially as companies make the shift to embrace hybrid work. 

“But John Scimone, senior vice president and chief security officer at Dell Technologies, says ‘security is everyone's job.’ And building a culture that reflects that is a priority because cyber attacks are not going to decrease”

Security Intelligence
“Non-Traditional Cybersecurity Career Paths: Howto Find Your Own Way”
November 12, 2021 

“In two previous blog posts, I shared the non-traditional cybersecurity career paths of more than a dozen professionals and how their previous life experiences shaped their security work. It’s been an honor helping to tell these individuals’ stories. We conclude this blog series with a final installment in which these same cybersecurity professionals share advice on how people can find their own way into the industry.”

World Economic Forum
“If healthcare doesn't strengthen its cybersecurity, it could soon be in critical condition”
November 8, 2021 

"It’s hard to imagine anything more cynical than holding a hospital to ransom, but that is exactly what’s happening with growing frequency. The healthcare sector is a popular target for cybercriminals. Unscrupulous attackers want data they can sell or use for blackmail, but their actions are putting lives at risk. A cyberattack on healthcare is more than an attack on computers. It is an attack on vulnerable people and the people who are involved in their care; this is well illustrated by the breadth of healthcare organizations, from hospitals to mental health facilities to pharmaceutical companies and diagnostic centres, targeted between June 2020 and September 2021.”

“Labor shortages outrank cyber threats as biggest concern for tech companies”
October 29, 2021 

“Of all the issues that can keep technology executives up at night, the labor shortage is far and away the biggest worry. 

“That’s just one of the findings from a recent CNBC Technology Executive Council survey conducted between October 1 and October 15. The quarterly survey examines the issues and concerns facing technology executives at some of the country’s leading companies. And while cyberattacks and supply chain disruptions that threaten to derail holiday shopping remain high on the list of worries of chief information officers, chief technology officers and others, the ability to find enough skilled workers outranks both those concerns.”

Bloomberg News
“Microsoft Starts Campaign to Fill 250,000 Cybersecurity Jobs”
October 28, 2021 

Microsoft Corp. is launching a national campaign with community colleges to help fill 250,000 cybersecurity jobs by 2025, amid a dire labor shortage in the critical field.  

“The software giant will invest tens of millions of dollars into the initiative over the next few years, according to a blog post. Some of the new recruits will work at Microsoft but the vast majority will find jobs at tens of thousands of other employers across the country.”

Dark Reading
“How We Can Narrow the Talent Shortage in Cybersecurity”
October 25, 2021 

“At organizations both large and small, cybersecurity professionals have been thrown into an unprecedented storm, facing some of the toughest issues. Despite an ongoing shortage of qualified cybersecurity personnel, teams across public and private sectors are working hard to tackle new challenges and protect their organizations. 

“For large global enterprises and fledgling startups alike, a strong security posture is a business imperative… cybersecurity professionals and technologists are facing tough challenges to protect our assets. Verizon's "2021 Data Breach Investigations Report" has shown us that threat actors continue to adapt to this ever-evolving attack surface. Meanwhile, the industry faces another problem: Cybersecurity professionals are in high demand but short supply. This skill shortage is impacting how we can respond to and mitigate attacks. One(ISC)² Cybersecurity Workforce Study puts the global cybersecurity talent shortage at more than 4 million people.”

Security Intelligence
“Non-Traditional Cybersecurity Career Paths: Entering the Industry”
October 21, 2021 

“There are lots of ways organizations can work to address the cybersecurity skills gap. Working with young people, providing skilling for students and implementing zero trust helps. So does amplifying gender diversity and promoting respect in the workplace. Organizations can use all these strategies to fill their open positions and meet their cybersecurity needs. But there are other ways, too, demonstrated by these stories of non-traditional cybersecurity career paths.

“Here’s one more: not demanding that team members always take a traditional cybersecurity career path. Otherwise, they’d end up overlooking so many others who’ve found their own ways into cybersecurity. They’d deny the industry of the experience and life skills those individuals bring with them.”

Security Boulevard
“Meeting the Demands of Hiring Cybersecurity Pros”
October 13, 2021 

“It’s no surprise that the number and severity of cyberattacks continue to increase, with ransomware more than doubling in North America since 2019. These breaches cost companies an average of $4.24 million per incident. 

“Unfortunately, the current supply of experienced cybersecurity staff is not enough to meet the growing demand. The latest survey report from the Information Systems Security Association (ISSA)and industry analyst firm Enterprise Strategy Group (ESG) indicates that there are more than four million unfilled cybersecurity positions globally. More than a third (38%) of respondents point to pay as the top contributing factor to that skills gap.”

“Four Reasons to Run a Tabletop Exercise This Cybersecurity Awareness Month”
October 13, 2021 

“This Cybersecurity Awareness Month, it’s important to think about how you can best protect your company from cyberattacks. One of the most effective ways is by running a tabletop exercise with your team. A tabletop exercise will allow you and your team to identify potential vulnerabilities in advance and come up with solutions together before they happen.”

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