Six Practical Approaches to Bridge the Cybersecurity Talent Shortage

Overcome the Skills and Resource Gaps Within Your Organization

Published January 2020

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Ask a sampling of business leaders about their chief concerns and one particular subject is likely to rise to the top: cybersecurity. In fact, over 74% of organizations voted data security as their top IT priority in 2020.

As the number of security breaches increases each year, so too does the financial impact. Studies have shown that the total cost of cybercrime is rising 12% year over year (an increase of 72% in the last five years).

In the face of such daunting business risks, many organizations are investing in security technologies to stay ahead of cybercriminals. According to a forecast from IDC, worldwide spending on security-related software would reach US$38 billion in 2019. Yet, a major issue stands in their way: the worldwide cybersecurity talent shortage.

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