The cybersecurity talent shortage keeps getting worse. According to Cybersecurity Ventures, the cost of cybercrime will double from $3 trillion globally in 2015 to $6 trillion by 2021. Meanwhile, the number of open cybersecurity jobs will increase from 1 million in 2016 to 1.5 million by 2019.
Meanwhile, the scale and damage of the attacks continues to increase.
According to Juniper Research, 2.8 billion customer data records are expected to be stolen this year, increasing to 5 billion by 2022. The total cost of ransomware attacks alone is estimated to reach $5 billion this year, according to Cybersecurity Ventures, up from $325 million in 2015.
Read full article at CSO magazine. This article was also reprinted in IT News and CIO Asia.