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India will require 70K cyber experts this year alone: Xpheno

Source | | Mini Tejaswi

Country’s demand for cybersecurity professionals to rise 200 per cent by 2024

Demand for Chief Security Officers and other security professionals has increased over 100 per cent in 2021 after cybersecurity emerged as one of the key concerns of CEOs after the pandemic hit the world a year ago, says global executive search firm, Kingsley Gate Partners.

In the last year, technology permeated every function of an enterprise like never before. Remote working, new ways of managing workflows and efforts to ensure business continuity have only made these companies increasingly vulnerable to cyber threats, as per the firm.

Umesh Ramakrishnan, Senior Partner and Co-CEO at Kingsley Gate Partners said, “This has exponentially increased the risk of security failures. To combat this, global enterprises are beefing up their security to avoid any possible catastrophes. As a result, we are seeing a 100 per cent spike in demand for CSO jobs and other cybersecurity positions in India and abroad.”

Confirming the trend, Supaul Chanda, Vice President, Experis, part of ManpowerGroup India said, “In the current context, cybersecurity has taken a major leap across the globe in spend and R&D. CSO is a new position in the market.”’

According to Kingsley Gate Partners, due to heavy dependence on technology, enterprises are under pressure to become future-proofing organisations with a focus on data, communications, business, product understanding, security, and technical know-how. With this, CEOs are increasingly realising the need for a dedicated person who can monitor, evaluate, predict and protect their companies from security threats.

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