In episode 48 of the Acceleration Economy Minute, Kieron Allen discusses the shortage of cybersecurity professionals in the U.S. and why organizations must still invest in cybersecurity strategies despite any economic uncertainty.
This episode of the Acceleration Economy Minute is sponsored by Acceleration Economy’s Digital CIO Summit, taking place April 4-6. Register for the free event here. Tune in to the event to hear from CIO practitioners discuss their modernization and growth strategies.
Highlights
00:34 — New data from Cyberseek demonstrates how the U.S. is short of nearly 530,000 skilled cybersecurity professionals. With this significant shortage, there is also a massive demand for cybersecurity professionals. However, companies are hesitant to spend in other areas because of the economic slowdown.
00:58 — Despite the economic conditions, Cyberseek’s data exemplifies that cybersecurity can never be an afterthought. Kieron highlights three key points about this data.
01:15 — First, if organizations want to refocus their cybersecurity strategies, then they should work with the talent they already have to define exactly what their efforts should be focused on to create the most robust strategy.
01:33 — Second, this data shows that spending on cybersecurity should not cease just because of the economic slowdown. The data suggests that this kind of spending is going up. Cybercriminals prey on vulnerabilities, so organizations still need to spend more in this area in order to prevent a devastating attack.
02:07 — “Thirdly, what this screams to me is the requirement for the most competent cybersecurity companies on your side,” Kieron notes. Acceleration Economy analysts have created a list of the Top 10 Cybersecurity Business Enablers so that businesses can determine which to invest in.
Which companies are the most important vendors in cybersecurity? Click here to see the Acceleration Economy Top 10 Cybersecurity Shortlist, as selected by our expert team of practitioner analysts.
