Australia Hardest Hit By Cybersecurity Skills Shortage

The lack of cyber security professionals is felt more acutely in Australia than in other countries, according to a report by US think tank, the Center for Strategic and International Studies.

The survey, commissioned by Intel Security, found that 88 per cent of Aussie IT decision makers believe there is a shortage of cyber security skills both in their organisation and within the nation. That figure is on a par with IT chief’s in Mexico, but higher than the six other countries surveyed.

The survey’s 75 Australian respondents, also predicted that 17 per cent of cybersecurity positions advertised by their company would go unfilled by 2020, higher than the 15 per cent of jobs estimated globally.

The scarcest skills among an Australian organisation’s cybersecurity professionals were reported to be ‘technical skills in intrusion detection’, ‘technical skills in software development’ and ‘technical skills in attack mitigation’.

Education and experience

Globally, the survey participants agreed that although a relevant bachelor degree was expected as a minimum requirement to entry level cyber security jobs, experience was a better way to acquire skills.

In Australia 57 per cent of organisations look for a Bachelor’s degree as a minimum requirement, but only 27 per cent said this was important when evaluating candidates for cyber security jobs. Only a quarter believed education programs fully prepare professionals for the industry.

Australian companies put particular weight on a candidate’s experience of working with a competitor with 55 per cent calling this the most important factor when evaluating a potential employee.

“From a recruitment perspective the skills shortage in the security industry is nothing new, however we are finding it increasingly difficult to source stellar candidates due to the ever changing and competitive nature of the IT Security market,” said director of Melbourne IT executive recruitment company Halcyon Knights, Brent Skinner.

 “Years of experience is no longer the be all when assessing candidates, clients are seeking ‘new age’ candidates that have grown up in the cloud and cyber security world, who possess creativity and a technical curiosity that set them apart.”

Critical impact

The lack of local skills is having a detrimental effect on Australian businesses said Andy Hurren, Intel's Sydney-based security solutions architect.

Responding to the findings that 44 per cent of Australian businesses felt that they are a target for hackers due to limited cyber security (the second highest behind Israel) and nearly a third said they had already lost proprietary data, he said: “The need for a stronger cyber security workforce is critical. The skills shortage is clearly having an impact on companies across Australia. It’s a clear issue affecting our industry and whilst the shortage is well known, this report helps to shine a spotlight on just what it means to our local businesses.

"Every day we are seeing seats go unfilled due to the shortage and we must rectify this. We as an industry need to do more to cultivate and encourage development of the right security skill sets for tomorrow’s workforce.”

The shortage does mean it’s a great time to be a cyber security professional. The report, which questioned private and public sector IT leaders in Australia, France, Germany, Israel, Japan, Mexico, the UK and US, noted that the demand had driven up salaries, highlighting US data that shows cyber security positions pay almost 10 per cent more than other IT jobs.

“We are seeing first-hand the effects this is having in terms of recruitment with the competition for experienced professionals driving up salaries, making it harder for employers to retain staff and often necessitating a greater emphasis and reliance on overseas candidates to fill skill gaps," explained Sydney-based security recruiter and director of Inview Consulting, Skye Kirkby-Gray.

Globally 76 per cent of respondents said their governments are not investing enough in programs to help cultivate cyber security talent and believe laws and regulations for cyber security in their country are inadequate.

In Australia, however, nearly 80 per cent of respondents felt laws were effective, and 68 per cent believed them to be the ‘right level of strictness’.

In April the Australian government launched its $230m Cyber Security Strategy with 33 initiatives aimed at improving defences and creating a 'cyber smart nation'.

Australian IT leaders surveyed believed the country was well informed on the issue of data privacy and data security.

CIO:

 

« How To Use Cybersecurity Big Data Effectively
Hacking Elections Is Easy »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

CSI Consulting Services

CSI Consulting Services

Get Advice From The Experts: * Training * Penetration Testing * Data Governance * GDPR Compliance. Connecting you to the best in the business.

Directory of Cyber Security Suppliers

Directory of Cyber Security Suppliers

Our Supplier Directory lists 7,000+ specialist cyber security service providers in 128 countries worldwide. IS YOUR ORGANISATION LISTED?

BackupVault

BackupVault

BackupVault is a leading provider of automatic cloud backup and critical data protection against ransomware, insider attacks and hackers for businesses and organisations worldwide.

XYPRO Technology

XYPRO Technology

XYPRO is the market leader in HPE Non-Stop Security, Risk Management and Compliance.

Authentic8

Authentic8

Authentic8 transforms how organizations secure and control the use of the web with Silo, its patented cloud browser.

Tendo Solutions

Tendo Solutions

Tendo Solutions provides intelligence, security, forensics and risk solutions to clients across different sectors and jurisdictions.

Information Security Group (ISG) - Royal Holloway

Information Security Group (ISG) - Royal Holloway

The Information Security Group, Royal Holloway, University of London, is an Academic Centres of Excellence in Cyber Security Research.

ThreatConnect

ThreatConnect

ThreatConnect is an enterprise threat intelligence platform by Cyber Squared bridging incident response, defense, and threat analysis for InfoSec & DFIR teams.

Serena

Serena

Serena Software helps increase speed of the software development lifecycle while enhancing security, compliance, and performance.

Council of Europe - Cybercrime Programme Office (C-PROC)

Council of Europe - Cybercrime Programme Office (C-PROC)

The Cybercrime Programme Office of the Council of Europe is responsible for assisting countries worldwide in strengthening their legal systems capacity to respond to cybercrime

ClickDatos

ClickDatos

ClickDatos specializes in consulting, auditing, data protection training, accredited by ISO/IEC 27001 certification.

Hitachi Systems Security

Hitachi Systems Security

Hitachi Systems Security provides customized services for monitoring and protecting the most critical and sensitive IT assets in our clients’ infrastructures 24/7.

Critifence

Critifence

Critifence provides unique Cyber Security solutions designed for Critical Infrastructure, SCADA and Industrial Control Systems.

ExpressVPN

ExpressVPN

ExpressVPN is a Virtual Private Network services provider offering secure encrypted access to the internet.

Onsist

Onsist

Onsist brand protection services provide proactive defense against fraudulent use of your brand online.

Agio

Agio

Agio is a hybrid managed IT and cybersecurity provider servicing the financial services, health care and payments industries.

IDX

IDX

IDX is the leading consumer privacy platform built for agility in the digital age.

Midwest Cyber Security Alliance (MCSA)

Midwest Cyber Security Alliance (MCSA)

Midwest Cyber Security Alliance is a nonprofit, nonpartisan collaboration of individuals, businesses, government entities, and professionals advocating for more effective cyber security solutions.

Netstar

Netstar

Netstar is an IT Support company based in Central London providing fully managed IT Support, Cyber Security and Technology Consulting services.

Raman Power Technologies

Raman Power Technologies

Raman Power Technologies focus on bringing value and solving business challenges through the delivery of modern IT services and solutions including cybersecurity.

Timus Networks

Timus Networks

Timus Networks enables today's work from anywhere organizations to secure their networks very easily and cost effectively.