A Solution to the IT Talent Shortage

A SOLUTION TO THE IT TALENT SHORTAGE

According to Forbes[1], “The demand for tech skills continues to rise most notably in technology and sciences, while a skills shortage could severely impede the growth of the U.S. market.”

“A recent global report from Gartner states that IT executives list talent shortages as the most significant barrier to the adoption of 64% of emerging technologies, ahead of cost and security. This is a staggering increase from only 4% in 2020. This global shortage is due to many factors. For one, the pandemic increased the pace of digital transformation, creating a need for staff that can build and maintain digital infrastructures. Further, workers are leaving jobs en masse in the ‘Great Resignation’.”[2]

What’s more, this issue isn’t going away anytime soon. “According to Cyber Seek — a project supported by the National Initiative for Cybersecurity Education, a program of the National Institute of Standards and Technology in the U.S. Department of Commerce — the total employed cybersecurity workforce in the United States consists of a little over a million people. Currently, there are nearly 600,000 vacant positions with both public and private organizations, a figure estimated to grow significantly through 2025.” [3]

While there remains a shortage of good IT talent, security IT risks are actually on the rise. In fact, “Security attacks increased 31% from 2020 to 2021, according to Accenture’s “State of Cybersecurity Resilience 2021” report. The number of attacks per company increased from 206 to 270 year over year[4].”

Despite the lack of security talent, now is most certainly not the time to loosen the reigns on your company’s security posture. In fact, you should be ramping up.

A virtual chief information security officer (vCISO) can help implement a holistic security program from top to bottom. These IT security guns for hire can take control of your entire corporate cybersecurity strategy remotely or onsite.

Your virtual CISO can put technology and processes in place to:

  • Monitor and maintain the security of your company’s applications, databases, computers, and websites
  • Protect your data in motion, at rest and in use
  • Ensure compliance with relevant industry and governmental regulations

This way, you will have the full protection you need from both inside and outside threats without having to hire a full-time security officer.

Benefits of a Virtual CISO

There are many inherent benefits to having a virtual CISO over a full-time one. These can include:

  • Cost/Cashflow – While full time CISOs earn between $208,000 to $337,000 per year, a vCISO is paid on a monthly as-a-service basis, which can free up cashflow.
  • Objectivity – The vCISO’s future isn’t tied directly to the firm’s success. This enables them to be unfettered and more objective in their decision making.
  • Expertise – a vCISO brings in much needed outside expertise that can help your firm exponentially. This can include experience and best practices learned from helping businesses in other industries as well as yours.

You see, the IT talent shortage is causing ripples in corporate America, but it doesn’t mean your business needs to be vulnerable.

Visit https://coherecybersecure.com today to learn how our vCISO offering can help your business shore up its defenses and protect your data.


[1] “Are Employers Heading For A Talent Shortage Perfect Storm?”, May 17, 2022, Forbes.

[2] “Why You Should Rethink The Sources Of Untapped Tech Talent”, June 7, 2022, Forbes.

[3] “CyberSeek.org

[4] “State of Cybersecurity Resilience 2021: How aligning security and the business creates cyber resilience”, 2021, Accenture.

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