It’s unclear how many millions are coming, but cybersecurity jobs will be increasing by some order of millions in the coming decade, with a huge number of them in India.
A Cisco study from last year estimated that there are currently 1 million cybersecurity job openings worldwide, with an increase to 6 million by 2019. A recent study from India, however, estimates that there will be one million new cybersecurity jobs in India alone by 2025, according to the Business Standard.
The National Association of Software and Services Companies (Nasscom) study, estimates that the Indian information technology sector is currently valued at $150 billion, with cybersecurity making up $2.5-3 billion. It estimates that by 2025, the IT sector will increase 133 percent to $350 million, with 10 percent in the cybersecurity sector.
In order to support the burgeoning cybersecurity field in India, Nasscom, the Data Security Council of India and cybersecurity firm Symantec initiated the National Occupational Standards for 10 types of cybersecurity jobs with associated training.
And it’s not only technical IT jobs in cybersecurity that will be booming.
The report comes on the heels of a Bloomberg Law/International Association of Privacy Professionals (IAPP) survey that found high demand for outside counsel for privacy and data protection issues, with corporations spending an average of $170,000 annually.
Meanwhile, over in Europe, the new General Data Protection Regulation will require the addition of 28,000 data protection officers, according to a study by Rita Heimes and Sam Pfeifle of IAPP.
However many millions of cybersecurity jobs are on the way, it’s clear that it’s an increasingly dynamic market worldwide, and shows no signs of abating. More countries might want to think about creating a professional infrastructure as India has started to do.
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