The Need of Specialists in the Cybersecurity Field

February 15, 2021

Today, cybercrime is gaining momentum. Attackers are increasingly looking for opportunities to achieve their objective, despite the negative consequences it might cause to the reputation of companies, their employees, or their customers.

Taking care of networks, information systems, devices, and databases requires fully competent specialists to respond and mitigate the impact of a malicious computer incident. However, it is often mentioned that the number of cybersecurity experts is not enough to respond to the scope and number of attacks carried out every day. For this reason, it is crucial that government, public, and private institutions further develop the labor field and give it importance.

The attacks will not stop and the human capacity to face them must not stop either. Having specialists in the cybersecurity area, whether as consultants, advisors, or as part of your internal team, is essential today for all companies, regardless of their industry.

What do specialist do and why are they so important?

Cybersecurity specialists defend systems from vulnerabilities, risks, and threats by monitoring, detecting, investigating, analyzing, and responding to cybersecurity incidents. They usually work independently or on IT teams that are dedicated to protecting the integrity of the business's network and data. According to Cisco, employees dedicated full time to cybersecurity have gone from being a luxury to a necessity.

Is it really? Well, here are some facts that back up this idea:

  • Losses from cybercrime damages are expected to reach $6 trillion by 2021 (Cybercrime Magazine)
  • Global cybercrime damage in 2021 amounts to $16.4 billion a day, $684.9 million an hour, $11 million per minute, and $190,000 per second (Cybersecurity Ventures).
  • 70% of cryptocurrency transactions will be connected to or used for illegal activities by 2021 (Cybercrime Magazine)
  • Ransomware damage worldwide is expected to reach $21 billion by 2021 (Cybersecurity Ventures).
  • The number of cybersecurity jobs around the world is around 3.5 million (PwC, 202)
  • By the end of 2021, a total of 3.4 million cybersecurity jobs will be vacant. (Cyber Crime Magazine)

The challenge is great and requires that the public and private initiative work together to promote and establish new schools or centers focused on cybersecurity, planning of courses, specializations, certifications, allocation of budgets and increasing offers.

The benefits of having new specialists are mainly based on:

  • Reducing impact of attacks (reputational and economic)
  • Keeping up with growing number of threats
  • Developing parallel projects in the field of cybersecurity
  • Protecting the integrity of businesses across the world

Conclusion

Although the need for cyber experts is obvious, not all companies have the time and knowledge to train cybersecurity staff. At THETA432, we understand this reality and make our cybersecurity services available to those companies that want to focus on their main activity without having to worry about the security of their information themselves.

We not only focus on helping companies strengthen their cybersecurity processes and protocols. Aiming to help our clients stay aware of threats, we offer AVA, a simulation attack service that trains employees not necessarily in the IT field to stay secure, identify threats, and know how to respond to an incident. THETA432 cybersecurity experts are here to train your team on how to defend your business while performing their day-to-day activities.

Everybody clicks, mitigating these clicks is your first step! Contact us and take action.

Source:

  • Winick, E. (2018, October 26). La falta de expertos en ciberseguridad obliga a recurrir a estudiantes. Retrieved 2021, February 05; from: https://www.technologyreview.es/s/10614/la-falta-de-expertos-en-ciberseguridad-obliga-recurrir-estudiantes
  • Cisco (n.a). What Is a Cybersecurity Specialist? Retrieved from https://www.cisco.com/c/en/us/products/security/what-is-a-cybersecurity-specialist.html
  • Cybercrime Magazine (2020). Global Cybercrime Damages Predicted to Reach $6 Trillion Annually By 2021. Retrieved from https://cybersecurityventures.com/annual-cybercrime-report-2020/
  • Finance Online (2021). 119 Impressive Cybersecurity Statistics: 2020/2021 Data & Market Analysis. Retrieved from  https://financesonline.com/cybersecurity-statistics/

Authored by
Jorge Daniel Tejeda