Skills shortage directly tied to financial loss in data breaches

The cybersecurity skills gap continues to widen, with serious consequences for organizations worldwide. According to IBM’s 2024 Cost Of A Data Breach Report, more than half of breached organizations now face severe security staffing shortages, a whopping 26.2% increase from the previous year. And that’s expensive. This skills deficit adds an average of $1.76 million in […]

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The cybersecurity skills gap contributed to a $1.76 million increase in average breach costs

Understaffing in cybersecurity — the “skills gap” — is driving up the cost of data breaches in recent years, according to a decade of reports by IBM. The 2024 IBM Data Breach Report found that more than half of breached organizations experienced severe security staffing shortages, a 26.2% increase from the previous year. They found […]

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The Cyber Battle: Why We Need More Women to Win it

It is a well-known fact that the cybersecurity industry lacks people and is in need of more skilled cyber professionals every day. In 2022, the industry was short of more than 3 million people. This is in the context of workforce growth by almost half a million in 2021 year over year per recent research. […]

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How The Talent Shortage Changes the Approach to Cybersecurity

There’s good news, and there’s bad news. The good news is that the number of cybersecurity professionals has reached an all-time high. According to (ISC)2’s annual Cybersecurity Workforce Study, 4.7 million people currently work in a security-related job.  The bad news: the study also found a worldwide gap of 3.4 million cybersecurity workers. 70% of […]

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Survey Connects Cybersecurity Skills Gap to Increase in Breaches

The skills gap in cybersecurity isn’t a new concern. But, new research revealed in Fortinet’s 2022 Cybersecurity Skills Gap report confirmed what many experts have assumed. The skills gap increased risk and was likely the direct cause of at least some breaches. Data for the survey was collected from 1,223 IT decision-makers in countries across […]

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What Your Team Can Learn From the DHS Cybersecurity Hiring Program

Employees looking for cybersecurity jobs with the federal government can now use a new system and process. The Department of Homeland Security (DHS) recently launched its Cybersecurity Talent Management System (CTMS), which is more than a new system or website. The CTMS represents a new approach to hiring in the industry. Cyberattacks are on the […]

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The Great Resignation: How to Acquire and Retain Cybersecurity Talent

If you’ve been following reports and whispering with industry colleagues, you know what’s going on: the cybersecurity skills gap is difficult to close, and the Great Resignation is here. The 2021 (ISC)2 workforce study gives us a mixed picture of what to expect: The Cybersecurity Workforce Estimate states there are 4.19 million cybersecurity workers worldwide, […]

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The Great Resignation: How to Acquire and Retain Cybersecurity Talent

If you’ve been following reports and whispering with industry colleagues, you know what’s going on: the cybersecurity skills gap is difficult to close, and the Great Resignation is here. The 2021 (ISC)2 workforce study gives us a mixed picture of what to expect: The Cybersecurity Workforce Estimate states there are 4.19 million cybersecurity workers worldwide, […]

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The Future of Cybersecurity: What Will it Look Like in 2031?

Ever wonder what the state of cybersecurity in 2031 will look like? While 10 years may seem a long way into the future, the speed at which the industry is evolving is sure to make the next decade fly by. Predicting the future of cybersecurity isn’t about looking into the crystal ball merely for fun. […]

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Can Managed Security Keep Businesses Safer?

In the last two decades, the cybersecurity industry has grown from a niche sector into a dominant force in the business world. Today, Gartner predicts that cybersecurity spending will reach $150 billion this year, almost double what was predicted in 2… Continue reading Can Managed Security Keep Businesses Safer?