Lowest Unemployment Rate in Cybersecurity Jobs

In the past few years, we have been so busy with creating cyberspaces that not much has been done to defend them. Today cybercrimes threaten the entire fabric of the information technology infrastructure that has been built. According to a report by Cybersecurity Ventures, cybercrime will cause damages of almost $6 trillion worldwide by 2021. In 2018, a wave of ransomware attacks made it clear to multinational organizations how unprepared they were. Following the events of last year and keeping in mind the times to come, organizations are putting elaborate security measures in place. As a result, cybersecurity has become one of the few job markets where unemployment has fallen to 0%. People with the right amount of experience face no difficulties finding a job. Companies are looking for security analysts, architects and administrators. Other positions include security software developers, cryptanalyst and security consultant etc. The roles for which a business may be hiring varies depending on their needs. Unfortunately, not all employers are finding the candidates who are the best fit.

Zero Unemployment still a million positions unfilled

Despite unemployment rates dropping to record lows, there are still a large number of positions vacant. Organizations are unable to find the appropriate candidates to fill the roles which they want. There are a number of reasons behind this. Schools and other educational institutes are not imparting the necessary technical knowledge and soft skills which companies want. Most organizations are in search for individuals who can take on market roles and challenges with minimal training. However, the graduates and other professionals who show up for interviews lack just that. There is an apparent skill gap where potential employees are unaware of industry issues and prevalent threats. Moreover, there is a lack of relevant expertise to deal with them too. This is one of the reasons why Cisco had previously reported a million jobs to be unfilled but recently this number has grown to a whopping 3.5 million.

Future employment prospects

The upward trends in the cybersecurity job market are expected to remain strong in the years to come. Global experts believe that threats from cybercriminals are predicted to grow especially in light of the levels of unpreparedness which many companies are facing at the moment. Any candidate with adequate exposure and practical salary expectations can be easily find a progressive position to build a secure future for themselves.

How to start the right career path

Cybersecurity is a lucrative job market. All that prospective professionals have to do is make sure they have the right skill set to meet the requirements for a position. The easiest way to do this is to search for learning opportunities where a mix of proper ingredients is being served. Many universities have introduced the best cyber security bootcamps to cater to this need from organizations and professionals looking to pursue a career in this field. Bootcamps are designed to equip students with practical and up-to-date skills that can help them become a productive asset to organizations as soon as they are hired.