The risk of cyberattacks has risen with the increase in digital transformation. However, the dearth of professionals to secure and manage the online world has led to a huge demand for cybersecurity professionals.The world is lacking 3 million cybersecurity professionals, according to the latest report by the World Economic Forum (WEF). “There is an undersupply of cyber professionals—a gap of more than 3 million worldwide who can provide cyber leadership, test and secure systems, and train people in digital hygiene,” it said.A sustained dearth of cybersecurity professionals could eventually impede “economic growth”. The report acknowledged that current endeavours to “democratize” cybersecurity, such as furnishing security risk management tools free of cost, may benefit small companies and other organizations to some extent.However, “there are concerns that quantum computing could be powerful enough to break encryption keys, which poses a significant security risk because of the sensitivity and criticality of the financial, personal and other data protected by these keys.



The emergence of the metaverse could also expand the attack surface for malicious actors by creating more entry points for malware and data breaches”, it said.However, “there are concerns that quantum computing could be powerful enough to break encryption keys, which poses a significant security risk because of the sensitivity and criticality of the financial, personal and other data protected by these keys. The emergence of the metaverse could also expand the attack surface for malicious actors by creating more entry points for malware and data breaches”, it said.This gives rise to the demand for cybersecurity professionals. “Security consulting services, which include planning of cyber security strategies, policy development, and building security architecture, are expected to grow at a compound annual growth rate (CAGR) of 12.2% over 3 years to become a market worth $157 million by 2022,” said a PWC r

📌 Shortage of cybersecurity professionals a key worry for firms in ’22 (Anupgarh)
🏢 Canadian Cybersecurity Journal
📍 Anupgarh