Cybercrimes are growing exponentially, posing tremendous threats to our financial markets, undermining public confidence, violating our privacy, and costing hundreds of billions of dollars annually (estimated to cost up to six trillion dollars by 2021). Malicious cyberattacks are also used by government-led groups and terror organizations, inflicting chaos and fear, threatening critical infrastructure and nations’ stability.
It’s no wonder cyber professionals are in great demand in every walk of life. Contrary to common belief, cybersecurity is much more than a technical challenge. It is also a business challenge and a human challenge.
As a result, cybersecurity education has become one of the fastest growing disciplines in higher ed and vocational training. Building the cybersecurity workforce of the future and integrating cybersecurity awareness across all industries are top priorities for our national security, financial stability, and economic prosperity.
This landscape presents a unique opportunity for higher-ed institutions to introduce a breadth of new programs that increases their relevance to students, enhances student career prospects upon graduation, and can ultimately boost their financial health.
- Cybersecurity specialist jobs are in high demand and are well compensated. According to the U.S. Bureau of Labor Statistics, the average annual salary of an information security analyst in 2017 was $95,510, and these jobs are expected to grow significantly between 2016 and 2026.
- The cybersecurity market grew by roughly 35X over 13 years.
- The need for basic cyber-literacy skills is taking hold in virtually every non-technical sector.
- There is virtually a 0 percent unemployment rate in cybersecurity, with, according to experts, two job openings for every qualified candidate.