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More than 3.1 Million vacancies unfilled in Cybersecurity positions all across the world: Report

Professional recruitment services firm Michael Page India reports a spike as high as 600% in the Asia Pacific region due to pandemic.

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COVID-19 pandemic has had a huge toll on employment worldwide. Despite that, over 3.1 Million jobs are vacant in Cybersecurity across the globe, with a huge proportion of it in the Asia Pacific region.  

A report released by professional recruitment services firm Michael Page India state that cybercrime in the Asia Pacific went up by 600 %.  

In the report titled, "The Humans of Cybersecurity" the firm identifies 19 million ransomware and phishing attacks in Asia during February-May 2020 with the pandemic cited as the major reason.  

Due to a lack of cybersecurity practices in the workplace, businesses throughout the globe are getting vulnerable to such attacks making it a predominant problem.  

With a talent shortage of over 43%, there is a huge skill gap for cloud security risk management, data privacy, threat intelligence, application development security.  

Varsha Barooah, Director of Michael Page India said, “The demand for roles such as security engineers, cybersecurity analysts and cybersecurity engineers is on the rise. India is expected to have over 1.5 million unfulfilled job vacancies in cybersecurity by 2025." 

IANS reports that the Asia Pacific's cybersecurity market which was valued at $30.45 billion in 2019, is now expected to register a compound annual growth rate (CAGR) of 18.3 per cent for the period of 2020-2025. 


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