In an era where digital transformation is reshaping industries, we face a significant challenge: a growing divide between organisations which are on opposite ends of the cyber resiliency spectrum.
A significant contributor to this widening gap, is an increasing shortage of qualified cybersecurity professionals and as cyber threats continue to grow in volume, velocity and sophistication, organisations find it difficult to effectively secure their rapidly expanding digital footprint. The shortage in cyber talent, accelerated adoption of new technologies, and the ever-evolving threat landscape, poses a substantial risk to all organisations leveraging technology globally.
The scale of the cyber talent shortage
In September 2024, the International Information System Security Certification Consortium (ISC), conducted a study which highlights the growing cybersecurity workforce gap. The study revealed a global shortfall of 4.8 million cyber professionals which are needed to secure organisations effectively. ISC indicates the gap has grown significantly, estimating a 19% increase year over year. The deficit in cyber talent is a result of a shortage of quality training and education, lack of investment into staff by organisations, budget challenges, and often difficulty in retaining skilled staff. Adding to the complexity is the challenging role of cybersecurity professionals, who often battle tight budgets which slow progress, high volumes of requests, and constant demands across the business. The outlook appears grim, and if not corrected will lead to long term consequences for businesses and organisations of all sizes.