Unfilled Cybersecurity Jobs Can Lead To Utter Chaos


Unfilled Cybersecurity Jobs Can Lead To Utter Chaos

This week in cybersecurity from the editors at Cybercrime Magazine

– Read the Full Story in Fortune Magazine

Sausalito, Calif. – Sep. 6, 2024

Steve Morgan, founder of Cybersecurity Ventures, presents this scenario: Imagine if street crime exploded and society had millions of unfilled law enforcement jobs, and those positions remained open. The outcome? Utter chaos, he says. And the same goes for cybersecurity.

“That’s our cyber risk if we don’t fill positions in our industry,” Morgan tells Fortune Magazine.

Between 2013 and 2021, the number of unfilled cybersecurity jobs worldwide grew 350 percent from 1 million to 3.5 million, according to a report from Cybersecurity Ventures. The cybersecurity market watcher predicts that in five years, those jobs will still be open — even though cybersecurity professionals, on average, make well over six figures.

Cybercrime damages are predicted to cost $9.5 trillion globally in 2024, and the cost is only going to increase.

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