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knowledge they must possess as basic
competencies, and therefore open
opportunities for candidates who may
not be highly skilled or technical.
This approach can translate into long-
term benefits for the business. Not
only does it offer career advancement
opportunities for employees, but also
translates into significant savings for
the management – as giving employees
a skills upgrade can often prove to
be more cost-effective than recruiting
seasoned professionals.
The industry moving forward
To ensure preparedness for a future in
which cyberthreats become ever more
common, companies must develop a
solid understanding of the investment
required to ensure resilience.
Gartner predicts worldwide enterprise
security spending will total US$96.3
www.intelligentciso.com
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Issue 04
Staffing niche
security positions
is vital as it allows
companies to reduce
the possibility
of targeted
cyberattacks by
staying ahead of the
curve.
billion in 2018, an increase of 8%
from last year. New regulations (such
as the EU’s General Data Protection
Regulation, GDPR), shifting buyer
mindset, awareness of emerging threats
and increasing digitisation are some of
the factors that are driving this increase
in investment.
Developing robust security
capabilities are necessary as we
move further into the golden age of
threat. Even though the dynamics of
vulnerabilities and threats have evolved
rapidly, the basic elements of risk
management have not changed – and
businesses must recognise that people
are the critical component to keep us
ahead of the curve.
As we move into a complex and
unrelenting cyberthreat landscape,
it is essential to understand exactly
what these threats are, recognise
vulnerabilities, develop an understanding
of what assets and missions are critical
to the organisation and equip security
teams with the skills necessary to meet
these challenges. u
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