Hiring trends in Europe's cyber industry
Welcome to the 28th issue of the Tech Wrap-Up Europe newsletter.
Every few weeks, we'll be sharing interesting stories and expert insights from LinkedIn members.?
In this issue, Sam Shead, LinkedIn's tech and innovation editor for the UK and Europe, looks at where there is demand for cybersecurity experts around the world.
The number of cybersecurity attacks continues to rise each year, but there's been a fall in demand for cybersecurity talent in several countries over the last year, LinkedIn data shows.?
Demand for cybersecurity talent fell between May 2023 and 2024 in six out of 15 countries analysed by LinkedIn's Economic Graph team.?
France saw a 4.5% year-over-year decline in demand over the time period, which is the third highest globally after the US and Singapore.?
Cybersecurity expert and LinkedIn Top Voice Jane Frankland said the state of the economy is partly to blame.
"Whenever there's an economic downturn, companies typically tighten their budgets and prioritise immediate operational needs over cybersecurity investments," she told LinkedIn News.?
"Additionally, some regions might have experienced a shift in industry priorities where other areas of technology or business operations have received more focus and funding."
Dr Magda Chelly , a cyber expert who studied in Paris and now works in Singapore, told LinkedIn News there's also a false sense of security that organisations have already addressed their cybersecurity needs.?
"Automation and AI [artificial intelligence] are taking over some cybersecurity tasks, so companies feel they can get by with smaller teams," she said. "Additionally, companies with mature cybersecurity programs might think they don't need to bring in new talent, relying on their existing teams instead."
A growing number of companies are also outsourcing their cybersecurity needs, reducing the need for in-house experts, Chelly added.?
"This reduction in demand can have several consequences, such as increased vulnerability to cyber attacks, burnout among existing cybersecurity teams, slower innovation, economic impacts on the tech sector, and regulatory compliance issues," Chelly said.?
Declining demand can also disincentivise young professionals from entering the cybersecurity field, exacerbating the existing talent shortage in the long run, Frankland added. "This talent gap can hinder innovation and the development of new security solutions, making it difficult for organisations to keep up with evolving threats," she said.?
Cybersecurity analyst Keren Elazari told LinkedIn News: "Hiring less security experts can be short-sighted because even the most popular security tools can fail, like we just saw with the CrowdStrike outage."
"There's still a lot only humans can do, certainly when it comes to the edgier sides of our industry like advanced threat hunting, red-teaming and incident response," Elazari said.?
But there were a couple of bright spots in Europe when it came to cybersecurity hiring. The share of professionals working in cybersecurity jobs increased the fastest in Spain and Germany, with 5.5% and 4.7% year-over-year rises respectively.?
Between 2021 and 2024, the share of these job postings has grown 11% in Germany and 6.2% in Poland. The only country with more growth was Brazil, with 11.2%.?
Cybersecurity continues to be a male dominated industry, with women making up less than a third of the cybersecurity workforce in the 15 countries that were analysed.?
Italy has the highest share of female cybersecurity professionals, with 26.7%, followed by Singapore (26.2%) and Canada (21.2%).?
How do you think countries can get more women into cybersecurity? Share your thoughts in the comments below.
领英推荐
EGRI research note: here.
Editor: Sam Shead
Data: Akash Kaura (EGRI)
The global shipping industry is facing an increasing number of cyber attacks amid rising geopolitical tensions, the Financial Times reports.
Researchers at the Netherlands’ NHL Stenden University of Applied Sciences found there were at least 65 cyber incidents in 2023 involving shipowners, ports and other maritime groups.
That's up from three a decade earlier and zero in 2003.
The vast majority of the attacks are coming from a small group of countries, according to data from the university, which trains mariners.
Shipping experts have long questioned whether the industry is doing enough to protect itself from online threats.
"IT spend in the maritime sector is pretty low," Stephen McCombie , a maritime IT security professor at NHL Stenden , told the FT. "[Shipowners] are looking for people with maritime knowledge and cyber security knowledge [but] that is a very small group."
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Sam Cash – Sam is a tech investor and the founder of Entropy Industrial Capital . Check out our Q&A with him in this week's issue of VC Wednesdays.
Anna-Sophie Hartvigsen – Anna-Sophie is the co-founder of Female Invest , which has just raised €10.3m to turbocharge its financial app for women.
José María álvarez-Pallete – José is the CEO of Telefónica , which posted a strong set of quarterly results this week.
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EMEA Juniper Networks Expert Sales Manager I Helping Create Your Next Generation Network | AI | Cloud I Wireless I Wired | SD-WAN | Data Center | Automation | Cybersecurity
2 个月In my opinion, there are nine points to follow: 1. Early education and awareness campaigns 2. Tackle gender stereotypes and prejudice 3. Flexible work policies 4. Create inclusive work environment 5. Highlight the social impact of cybersecurity 6. Government and Industry Collaboration 7. Raise awareness about cybersecurity career opportunities 9. Exploiting EU initiatives 9 .Recognize and Reward Diverse Talent
In my opinion, more mentoring should be provided and educational institutions should be expanded. Particularly women's awareness of the CyberSecurity field should be increased. Organizations should provide more opportunities for startups.
Vice President, Cyber Security Products at Mastercard
3 个月Increasing the number of women in cybersecurity can bring a diverse perspective to the field. This can be achieved by implementing some strategies such as: Mentorship Programs: Develop mentoring programs that allow experienced women in cybersecurity to mentor younger girls and women seeking opportunities in this male-dominated field. Equal Pay: Ensure that women in cybersecurity receive the same pay and advancement opportunities as their male counterparts. Funding: Provide funding for initiatives that support women in cybersecurity, such as scholarships, research grants, and training programs. Role Models: Promote the achievements of successful women in cybersecurity to inspire younger generations.
Empowering Cybersecurity startups with expert guidance & Representation Hub??| Business Mediator-Problem solving Expert ??| Go-To-Market Strategy ??|??Freelance.
3 个月Although we feel that there is an increase in the Women force in Cybersecurity, there are still few meetings where the Women are the majority in the room. And if there are they will be less the technical part of the meeting. I personally believe that it is an issue of mindset, there is nothing that women can't do or learn (sometimes even better :-)) but somehow there are less women that are willing to take the step forward and break the Seeling glass. They prefer to stay in their comfort zone if they are already in the business, of preferer to be the women behind the men. or just don't know what to do and needs the confidence to do so. I think that having more cycles of strong women in the field that will share their experience and path, will give confidence to others to make the step forward. For the younger generation, to start fostering them with specific Cybersecurity classes without gender differences I believe will give us a more balanced picture in the next decade.
Professor at Faculty of Pharmacy, Cairo University
3 个月Mario Mamdouh