Blogs & Opinions 16.05.2024
Solving the Cyber Skills Shortage In-House
Peter Danhieux shares three best practices to consider when developing an internal upskilling programme.
Blogs & Opinions 16.05.2024
Peter Danhieux shares three best practices to consider when developing an internal upskilling programme.
These days, CISOs are facing enormous pressure to hire the right staff. Recent research by the UK government found over 160,000 cybersecurity job postings in the last year – an increase of 30% from 2022. Security professionals understand the high demand for their skills and, as a result, are able to negotiate high salaries and benefits. Hiring new employees can cause a spiralling wage bill (not to mention recruitment costs), putting pressure on budgets.
This, in turn, leads to hiring shortages, increased pressure on existing staff, and ultimately starts a vicious burnout circle. The mismatch between supply and demand leads to many skilled workers accepting offers from large corporations, earning high salaries that many smaller companies just can’t compete with.
“Research by the UK government found over 160,000 cybersecurity job postings in the last year”
What’s more, the lack of security talent hinders an organisation’s growth, putting the entire team in a vulnerable position against threat actors. Each week, we see an increase in the number of organisational attacks, while security teams are overwhelmed and stretched thin. CISOs need to be resourceful when offering solutions: If the burden is too much for existing talent, maybe they should think about developing talent from within.
Through proper learning pathways and guidance, senior leadership can help transition high performers to technical, security-defence-driven roles. An average organisation in the UK invests around £3,000 per employee on training and development. This is, understandably, focused on developing people within their current role, and towards greater responsibility/promotion. By upskilling outside of an employees’ typical skillset, CISOs play a critical part in approving annual training budgets to build a new, security-focused workforce.
Despite these costs, there remains a nearly unshakeable belief in corporate hiring culture that outside hiring is the best way to secure talent. But as CISOs shift away from this mindset, here are three best practices to consider when developing an internal upskilling programme:
While businesses scramble to fill cybersecurity gaps, threat actors continue experiencing massive growth, ready to make the most of their targets’ lack of resources and readiness. Organisations are faced with a choice to counter these threats: either hire cybersecurity talent at great cost or focus on the staff ready to be trained in these roles. This previously untapped resource will help equip an organisation to defend against current – and future – attack vectors.