The IoT is being hindered by full-time cybersecurity talent shortage
A report from Experis claims that IoT development is being hindered by companies failing to hire full-time cybersecurity talent.
In the latest Industry Insiders report, Experis highlights the growth in cybersecurity vacancies posted in Q4 2018. 13,214 related jobs were advertised in the quarter – representing a 10 percent year-on-year increase, and 16.6 percent over the previous quarter.
Despite this increasing demand, the average salary has for full-time roles dipped two percent year-on-year to £58,557. Contractors, however, saw their rates soar 19.6 percent to £505/day.
Experis muses this indicates that companies are looking for short-term fixes to cybersecurity issues rather than long-term solutions.
The demand for IoT roles specifically increased by 48.8 percent for a total of 4,968 roles listed in Q4 2018. Salaries for full-time roles grew by 1.5 percent year-on-year, while contractors benefitted the most with a four percent increase.
Martin Ewings, Director of Specialist Markets at Experis, comments:
“IoT offers huge opportunities for organisations if they have the right cybersecurity foundations in place to take advantage of new innovations safely. We can see that there is a strong demand for top talent, but the market is struggling to keep pace.
Businesses are having to be creative and take a blended approach to their talent acquisition strategies – tapping into the contractor market to build a hybrid team of permanent and temporary workers. In doing so, they can have fast access to the skills they need right now while taking a longer-term view by building permanent capabilities and investing the time required to enable strategic development.”
Gartner forecasts 25 billion IoT devices will be connected by 2021. While providing a huge opportunity for businesses to optimise their operations, it also opens up new possibilities for attackers.
The most obvious example of the new threat posed by the IoT is the Mirai botnet which enabled record-breaking amounts of traffic to flood DNS provider Dyn and take several of the world's most popular services offline.
Experis highlights the need for security to be part of the building process of IoT devices with permanent staff rather than using contractors for short-term fixes. Otherwise, attacks like Mirai will only grow in scale.
Unless businesses start ensuring security is prioritised alongside innovation – reputational harm will be dealt not just to individual companies, but the industry overall. If the IoT is to thrive, cybersecurity needs to be a priority.
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