Technology:
Cyber security
The cyber security job market is increasingly busy, with skillsets continuing to adapt to meet the demands of the latest cyber threats. David Manfield, associate director of cyber security recruitment for Investigo, highlights the latest market trends in cyber security recruitment.
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As organisations recognise the importance of digital trust and how security breaches can cause lasting damage to their brand, leaders across industries are putting cyber security at the heart of the business IT architecture as new threats continue to emerge.
The cyber security market is experiencing significant growth and evolution in response to the escalating threat landscape, technological advancements, and the increasing digitalisation of businesses and society at large.
There is continued demand and a shortage of skills at the mid-senior level, with a particular push to hire technical security practitioners with skillsets across advanced threat detection, security architecture and engineering, cloud and application security and OT security.
As organisations migrate their data and applications to the cloud, there is a growing need for robust cloud security solutions. The zero-trust security model has gained prominence as organisations shift from traditional perimeter-based security to a more granular and continuous verification approach.
AI and machine learning integration is now playing a crucial role in enhancing cyber security capabilities. These technologies are being employed for threat detection and behaviour analysis, enabling faster and more accurate identification of potential security incidents.
Due to the increasing number of connected devices, cybercriminals can exploit a growing attack surface, creating challenges in OT security. Security solutions that can effectively protect IoT devices and networks are in high demand.
The regulatory landscape around data protection and cyber security is evolving globally and rapidly. Stricter regulations such as GDPR and the upcoming DORA are compelling organisations to invest in cyber security solutions to ensure compliance and avoid hefty fines.
Despite a considerable shift to remote working during the pandemic, we are now seeing a move back to onsite and hybrid working. The results of a recent survey we conducted suggest:
19% of cyber security workers are fully remote.
19% are onsite at least once a month.
36% are required on-site for a specific business purpose.
26% are now onsite at least two days a week.
Demonstrating how hybrid working is now favoured by organisations.
We are also seeing massive growth in the cyber insurance sector and a wave of mergers and acquisitions. Cyber insurance offers companies comprehensive coverage to help protect them against the financial impact of a cyber attack, alongside any longer-term damage to their brands. This sector is likely to see continued growth as the risks of cyber security breaches remain ever-present.
Whether it’s focusing on building trust in their services or investigating how AI can help support them, organisations continue to prioritise cyber security investment. The demand for highly skilled, adaptive security practitioners outstrips supply, and salaries reflect this. Cyber security has become foundational to supporting a business’s strategic growth and success.
The cyber security job market is increasingly busy, with skillsets continuing to adapt to meet the demands of the latest cyber threats. A diverse and ever-changing workforce is key to keeping ahead of the curve. Hybrid working seems to be the move for most organisations, with salaries continuing to rise across the wider market.
