With the rapid growth of digitalisation all over the world, it is safe to say that professions associated with the digital space are going to be in demand in the future. Lately, there have been a rising number of innovations that have been introduced to cyberspaces, but with this upgrade, we have also seen numerous cyber crimes come into the picture. With new innovative technologies, there has also been an increase in the number of ways the data and security of an individual or organisation can be compromised.
This brings the demand for a regulatory body that can make this digital space a safe place for all. All this together makes it a demanding profession and an ideal choice to become a Cyber Security Analyst.
The Cyber Security industry is in itself a billion-dollar industry that protects digital assets. It becomes essential for big companies to have a team of cybersecurity experts, who understand how perpetrators think. Apart from the security of the common public, it also becomes crucial for companies to prioritise cyber security to protect their data from any loss given the increased rates of cyber crimes like hacking, website spoofing etc.
All in all, the current scenario predicts worse situations to come in the future, and to prevent all that, the demand for cyber security analysts will grow with time. Here are some other reasons that are also responsible for the demand for cyber analysts.
One cannot afford a Cybercrime
Cybersecurity becomes essential because most businesses cannot afford to lose huge piles of data. It is found that data breaches can cost businesses a hefty amount of money that may also lead them to close their company. With time, the number of data breaches and losses is increasing, therefore, businesses incur more losses due to cyber crimes. In such cases, the situation demands a cyber security expert, one who has done a post-graduate program in cybersecurity and defends the pivotal information/data of the business.
Exponential growth in the field
According to a report published by Cybercrime Ventures, the number of vacant positions in the cybersecurity industry increased from 1 million positions in 2013 to 3.5 million in 2021 (350%). This is a huge surge encountered in a professional field. They have also predicted a similar wave of vacancies in the cybersecurity field in 2025.
With this type of growth and demand for their profession, cybersecurity experts can expect rich financial gains in the future. This is a great reason to become a cybersecurity analyst by pursuing a postgraduate program in cybersecurity or gaining knowledge through cybersecurity online training.
Especially after the Covid-19 pandemic, companies had to digitally transform their working system so as to introduce work-from-home. This modification exposed companies to cyber crimes and made their data more vulnerable. Hence, the demand and need for cybersecurity analysts started increasing.
Lack of skilled Cyber Security Analysts
One of the crucial reasons behind the available vacancies for cyber security analysts is the unskilled professionals in this field. This profession demands quality skills combined with an analytical mind-set that can assess the situation and provide accurate solutions. This is mainly because a profession like that of a cyber security analyst is of utmost value for a business due to its role of protecting the company against any cyber-attacks, which may lead to greater loss of revenue and a decrease in customer trust.
In cases like these, one must be properly skilled and be an educated professional by doing a postgraduate program in cybersecurity or cybersecurity online training to secure a respectable position as a cybersecurity analyst in a company.
With the growing development of AI, the rise in cyber attacks is evident. Therefore, huge risks and vulnerabilities are associated with almost every business out there. For cybercriminals like hackers, every technology based on code offers an opportunity to indulge in illegal activity.
This means that whether it's the data of a huge MNC or a security system, everything is at risk like never before. Cybercriminals are on the lookout to conduct their malicious activities and to prevent that, a cyber security analyst is essential.
Be it any organisation, a cyber security professional who can identify and mitigate cyber threats before they cause much harm is vital. This will lead to more technological innovations with assured safety for the customers.
We read about the reasons behind the huge demand for cyber security analysts in the present world and its scope in the future as well. But to secure a place for yourself in this demanding profession you need quality skills that one can get only from a postgraduate program in cybersecurity or a cybersecurity online training. In these programs, you learn the required skill set expected from a cybersecurity analyst.
All these above-mentioned reasons when combined, give out one of the best professions that you can pursue, keeping in mind the demand it has at present and the growth it will see in the future.