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Cyber Security- Facts, Scope and Job Opportunities

With the advent of technological advancements, there has been a continuous surge in data creation. Organizations store an enormous amount of data on computers and transmit it across networks to other systems. Devices and their cardinal systems often have vulnerabilities, which, when exploited, can threaten the business objectives and revenue. Since the world is swiftly moving towards digital transformation, the threats which follow companies are also in the digital form. This is where cybersecurity comes into the picture. Also referred to as information security, cybersecurity is the practice of shielding systems, networks, and programs from digital crimes. These crimes are in the form of cyberattacks, which are usually aimed at obtaining, altering, or damaging sensitive information. With the intention to extort money from users, these attacks interrupt normal business processes. 

A report by Juniper Research found that cybercrime is expected to cost businesses over $2 trillion in total in 2019. To worsen this situation, there are more than 77% of organizations that do not have a cybersecurity incident response plan, as per Cybint. With the increasing risk of cyber threats and damages, it has become highly crucial for organizations to adopt and implement a robust cybersecurity approach. However, the main challenge that most businesses face is the lack of skilled professionals in this domain. As an outcome of this burgeoning demand for proficient experts, there is a need for more than 3 million IT security specialists. With such an increased demand, this might be the perfect time for tech-savvy individuals to build a career in this domain.

Let us look at some of the most exciting job roles in cybersecurity and information security industry –

Chief Information Security Officer (CISO)

With the growing trend of cyber threats and crimes, over 80% of companies now have a CISO on the top management team, according to a report by PWC. The CISO is a senior-level executive within an organization who ensures that the cybersecurity plan is in sync with the business objectives and operations. Their primary job responsibility is to identify, cultivate, execute, and manage processes across the organization to ensure that there are no security breaches. A CISO responds to incidents and sets up suitable standards to mitigate security risks without interrupting business operations. 

Cyber Security Manager

Responsible for the support and maintenance of security protocols throughout the organization, a cybersecurity manager ensures the highest standards of data security. They plan strategies to expand the network and provide internet-related security associated with diverse projects. They are also responsible for reviewing the existing security policies and ensure that the procedures are updated with new threats. A cybersecurity manager also performs routine checks on all servers, routers, and other connected devices to ensure that there are no deceptions in the security.

Cyber Security Analyst

Responsible for planning, implementing, and upgrading security systems and controls, a cybersecurity analyst continually monitors security access. They perform internal and external security audits to ensure that there are no loopholes of security lapses. A cybersecurity analyst is also responsible for managing vulnerability testing, analyzing risks, and assessing security networks. Additionally, they train employees in security awareness and methods so that best practices are followed throughout the organization.

Security Architect

A security architect plays a significant role in designing the network and security architecture for an organization. The research, plan, and design elements of security based on the needs of the company. A security architect usually works with the programming team to create the final security structure. Apart from building the architecture, they also develop the policies and procedures for an organization’s employees, thereby helping employees to use the security systems and decide on the disciplinary action in case of security lapses.

Digital Forensic Expert

Also known as digital detectives, a digital forensics expert harvests and analyzes evidence from computers, networks, and other kinds of data storage devices. They conduct data breach and security incident investigations and also recover data from computers and other electronic devices. Along with rebuilding damaged systems to retrieve lost data, a digital forensics expert is also responsible for identifying networks compromises by cyber attacks. They then compile evidence for legal cases and draft technical reports and prepare for the trail.

Cybersecurity professionals have an extensive range of responsibilities, but their most important role is to protect online data from being compromised. In the light of escalating occurrences of high-profile cyber-attacks, the demand for skilled professionals in this domain is witnessing an exponential rise. To meet this demand, Symbiosis Institute of Digital and Telecom Management (SIDTM) offers a full-time MBA program that aims at creating skilled techno-management professionals for the digital era. The institute provides industry-relevant training, certifications, and workshops on cybersecurity and follows a curriculum that is aligned with the current industry trends. Hence, the institute creates skilled professionals who can contribute effectively to the cybersecurity industry and fill the massive talent gap in the market.

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