Given the troublesome economy only those job roles that can be deemed as essential are likely to be given the green light by banks. This is where those looking for information security vacancies can benefit.
Back in September it was well documented that hackers successfully infiltrated systems at Goldman Sachs causing havoc when the personal details of 80 staff were published on the web by a group of anti-capitalists. Other financial services victims include IMF and Citigroup this year alone.
2011 has highlighted the vulnerability of banks to this form of security breach which has lead to the rise in recruitment opportunities for those looking for IT security jobs.
Many recruitment agencies are finding the market for IT security experts is resilient even with the recent gloomy news about unemployment rates with specialists in this area being in constant demand within the financial sector.
However, finding people to fill these cyber security jobs can be a challenge. With the City recruiters claim there are only 500 professionals with the appropriate accreditations to fill these vacancies. People with CCSE and CCSA NGX Certification are highly sought after.
The rewards in this sector can be high with salaries rising to £125k for information security head due to recent demand; there are no signs of these vacancies drying up either. Ernst & Young revealed in a recent report that the financial services are suffering more multifaceted and complex attacks on a regular basis. The need for more sophisticated defence systems is increasing.
With the demand high and rewards significant it seems that well qualified candidates can look forward to taking the pick of the crop when looking for information risk jobs in the future.