MUMBAI: Cyber security professionals are among the most sought-after talent this year as companies across sectors seek to strengthen their data security. There are currently over 67,000 job openings in cyber security in the country, according to an estimate by specialist staffing firm Xpheno that was shared exclusively with ET.
These include application security, threat management, cloud security, information security, network security, and compliance security, data from Xpheno showed. Of the total number of job openings nearly 19,000 are in Bangalore alone.
Some of the high stake cyber security openings and marquee positions are with companies such as Deloitte, KPMG, EY, PwC, Shell, Amazon, Wells Fargo, Paytm, Walmart, CISCO, Accenture, Capgemini, Ericsson, Yokohama, Palladian Networks, Adobe, InfosysNSE -0.58 %, among others, the Xpheno study suggested.
The quantum of digital and cyber data assets that the growth in internet penetration throws into the cloud and hardware infrastructure, has led to multiplying of the need for monitoring and securing this data thus leading to the increase in demand for cyber security experts, according to Xpheno study.
In addition to this, the growing beeline of digital back offices and GICs being set up by large MNCs is also adding to the need for data security and hence demand for talent.
“Talent, infra, regulatory and cost factors remain lucrative for these establishments to set foot in India. The tight digital regulations these enterprises operate under and sensitivity of data that they build and work with has added more thrust to cyber security growth and prominence,” according to the study by Xpheno. Their security needs span across all aspects of network, infrastructure, application, data and information.
Added to this, the thrust to Cyber Security is also due to eGovernance, centralization and digitisation projects at the national level, said the Xpheno study. Large scale rollouts like the national GSTN eInvoice expected to gain momentum in 2020, BharatNet, DigiLocker, eSign Framework and state-level BlockChain Districts will all add up more to the cyber security needs and demands in 2020 and the next few years to come, it said.