Sunday, March 9, 2025

The Cyber Recession That Is About To Happen In 2025

 


In the past few weeks, I have written a lot about Generative AI, so today, I am going to break from it and talk about something else that is also equal, if not more important in Cybersecurity.  To start off with, we all know that the United States economy is starting to slow down. 

A lot of this can be attributed to the massive number of layoffs that have occurred within the Federal Government, and because of the uncertainty of the tariffs, which have wreaked havoc on our own financial markets. 

To make matters even worse, the overall job growth is also starting to slow down, something that we have not seen in quite some time.

But despite all of this, there is still a silver lining:  The demand and creation for jobs in Cybersecurity still remains strong, however, there are more jobs available than what people can fill.   Consider some of these key statistics:

*According to the ISC2 in their report entitled the “2024 Cybersecurity Workforce Study”, there will be need to 3.4 million Cyber professionals to keep up with the demand. 

*According to Cyber Seek, there were  457,433 cybersecurity job openings from August 2023 to September 2024, but barely any of them were filled.

Yes, this gap is very alarming.  Here are some reasons cited for this trend:

*The Cyber Threat Landscape is constantly changing, in fact even by the minute.  Thus, trying to find the right workers with the exact skillset that is needed is very difficult to do.  In fact, according to a recent report from IBM, over 60% of businesses have failed to find the candidate that they were looking for, simply because they did not have the skills needed.

*A lot of the focus on Cyber jobs has been on offensive roles, such as being a Penetration Tester.  But the way that technology is evolving today, many companies are now resorting  to automated Penetration Testing, versus doing it the traditional ways.  So the demand now are for those candidates that have defensive oriented skills sets, such as being a part of the IT Security team.  But many of the people that have had these roles tend to burn out very quickly, because they are completely inundated with tasks, or the simply are suffering from what is known as “Alert Fatigue”.

*The dawn of the data privacy laws has now created a new demand for Cyber professionals that also have a legal background.  Unfortunately, there are very few people who have this precise skillet.  But, there is a new trend that is also emerging, and that is the need .  what is known as a “Chief Data Privacy Officer”.  Personally, I do not know of anybody who has filled this kind of role, but they seem to be out there.

Compounding the last one even more, is that many companies hiring for that skillset also require an in-depth knowledge of the GDPR, CCPA, the NIST frameworks, and even the ISO standards.  Anybody who can do this will truly be a specialist in the core.

But it is not the hiring managers that are too solely to blame in this regard.  Evern the recruiters have played their fair share of misleading candidates to apply, and they never hear back from them again.  These are technically referred to as “Ghost Jobs”, as these are used to only create a pool of candidates for the recruiting agencies. 

Another complaint that candidates have about the recruiters is that the job postings that they apply to have extremely broad requirements.  But if they have the interview, they are completely shocked when the hiring manager lays out extremely specific requirements for the job. 

My Thoughts on This:

So now, you may very well be asking yourselves:  How can this situation be turned around?  It comes down to both the job candidate and the hiring manager.  Let’s start first with the former.  Assuming that this person will be getting some kind of degree, they should be encouraged to network with their instructors to find an internship of some sort. 

This is what I did when I was in college.  I met with a professor, and he connected me with The Andersons, a large grain company based in the Midwest.

Further, the students should also be asking their instructors about what kinds of specific courses they should be  taking.  For example, if they want to become a Malware Analyst, then they will have to take more quantitative oriented courses to build an analytical mindset. 

Also, the instructors need to take a more active role in encouraging their students to take entry level certs, such as the Certified in Cybersecurity from ISC2 or the Security+ from CompTIA.

Now, on the side of the employer.  In order to end this cat and mouse game of finding the right candidate (which they most likely will never find), they need to take the risk and try to hire somebody that has just entry level skills and train them up for the job. 

True, this could cost a little bit of money in the beginning, but these kinds of candidates will have a tendency to stay longer with the company, versus hiring somebody with the right skill set (and of course at a much higher salary), who probably will not stay around for very long, because they know that they are in demand.

In  the end, there will always be a need for Cyber workers, as threat variants will not fail to exist, and the Cyberattackers will only keep getting stealthier and more deadly in their attacks. If this jobs gap remains the way it is, there will be many more victims because of security breaches occurring in the end. 

Therefore, all three parties must make this happen:

Ø  The student wants a job in Cyber.

Ø  The recruiter in Cyber

Ø  The hiring manager that is trying to fill a Cyber position

Let us make this happen!!!

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The Cyber Recession That Is About To Happen In 2025

  In the past few weeks, I have written a lot about Generative AI, so today, I am going to break from it and talk about something else that ...