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Four types of business that advertise for cyber security jobs

Filed under: Features — Stephanie on August 19, 2013

Large organisations and businesses are becoming increasingly aware that cyber security threats are not going to go away. Indeed, the threat is growing. Back in 2011, Gordon M. Snow, the then Assistant Director, Cyber Division at the FBI, reported:

“The number and sophistication of malicious incidents has increased dramatically over the past five years and is expected to continue to grow. As business and financial institutions continue to adopt Internet-based commerce systems, the opportunities for cybercrime increase at retail and consumer levels.”

Snow’s concerns are just as relevant today, especially with the new dimension of a growth of cybercrime perpetrated on mobile devices.

Consequently, businesses of different kinds continue to employ cyber security experts in order to combat the problem.

Financial sector

The financial sector makes particular efforts to protect precious assets. Criminal exploitation of share and bond trading, insider access and breaches of third-party payment processes are just some of the issues preoccupying the minds of finance and banking executives globally. A recent example of a counter measure is the announcement by an international insurance company that it is to create a new technology support hub focused entirely on cyber security management. It will:

“Provide highly available and mature information security services to [the firm’s] entities and will provide 24/7 security monitoring of [its] IT assets globally.”

Energy sector

Elsewhere, the energy sector has its own needs for cyber security professionals. According to business-to-business information specialists SMi:

“It has been stated that by 2018 the oil and gas industry will be spending up to $1.87 billion on cyber security. The hugely increased demand to protect a multi-billion dollar global industry is being spurred on by the ever growing cyber threat across the globe.”

Energy grids are controlled by IT systems, and there have been veiled reports, for instance, of “cyber snooping” by foreign powers in to the US electricity grid. Meanwhile, hacking and industrial espionage are always major concerns.

Defence industry

Whilst efforts are continually being made to protect the vitally important energy sector and its consumers, the defence industry is busy making its own stand against cybercrime. Recently, the UK’s Defence contractor, BAE Systems, announced that around 40 per cent of its latest new hires will be filtered into its cyber security wing, Detica. Martin Sutherland, Detica’s MD, adds:

“Our growth reflects a huge demand for technologies which defend against cyber attack, combat fraud and help businesses effectively manage the sometimes overwhelming amounts of data available to them.”

Telecoms

Finally, the telecommunications industry is also on its guard against cybercrime. The recent phone hacking scandal in the UK is evidence enough of the problems which potentially beset telecoms service providers and their customers. Meanwhile, allegations have surfaced recently, in global news outlets, that a Chinese telecoms giant could have links to the Chinese government – and could become a threat to telecoms security in the UK, should it become involved in a wider rollout of 4G.

All in all, experienced and knowledgeable security professionals are more in demand than ever across major industries around the world.

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