Arms Race Develops for Cyber Security Skills as Boards Take a Strong Interest in Defending from Cyber Attacks

Mar 14, 2016, 04:00 ET from Barclay Simpson

LONDON, March 14, 2016 /PRNewswire/ --

Barclay Simpson, a leading Corporate Governance recruitment consultancy, has released its annual Security & Resilience market report which suggests that demand continues to rise for cyber security skills as an arms race develops between cyber criminals and those looking to secure systems and data from increasingly complex cyber attacks. With increased prominence and board attention, 68% of managers do not believe their security departments are sufficiently resourced given the demands that are made on them (down from 76%) whilst 69% have recruited or attempted to recruit in the last 6 months. 

The report finds 68% of managers are finding it hard to recruit whilst simultaneously only 20% suggest this problem is due to salary expectations being unaffordable. As such even with good budgets in place security skills are hard to recruit. 

The report highlights that vacancy generation in cyber security has remained strong despite a number of large banks suffering from recruitment freezes. The report found that companies are looking to upskill in cyber security departments. Some information and cyber security professionals who were perfectly employable 3-5 years ago have been unable to grow their skills to meet the new challenges faced and the resulting high level of board interest.

The findings also conclude that cyber security skills are more transferable between sectors than other areas of corporate governance. Cyber security experts, including leaders such as CISOs, are rarely pigeonholed in a specific sector as cyber threats are generally not sector specific.

Mark Ampleford, Divisional Director of the Security and Resilience Division at Barclay Simpson commented: "The report shows that the landscape is changing for cyber security departments. Whilst knowledge levels and expertise have had to increase to counter more complex cyber threats - the very existence of such threats means that board members are taking a stronger interest, so cyber security leaders now need to know how to present to boards and bring the necessary soft skills to the table."

The full report can be read at: http://www.barclaysimpson.com/security-and-resilience-market-report-2016

Notes to editors:  

About Barclay Simpson  

Barclay Simpson is a specialist international corporate governance recruitment consultancy. We recruit internal and computer audit, risk management, information / cyber security, corporate security, regulatory compliance, financial crime, resilience, data protection, legal and treasury professionals across all sectors of the economy. The security and resilience division was founded in 2001 and is the market leader in terms of information security, cyber security, corporate security and resilience recruitment and executive search.  

Contact: Tim Sandwell +44-(0)207-9362601, ts@barclaysimpson.com

SOURCE Barclay Simpson