India’s cyber security industry is grappling with an ongoing skill shortage, resulting in numerous unfilled vacancies. This stands in contrast to a broader downturn in technology spending and hiring that has led several companies to prune their workforce.
India’s cyber security industry is grappling with an ongoing skill shortage, resulting in numerous unfilled vacancies. This stands in contrast to a broader downturn in technology spending and hiring that has led several companies to prune their workforce.
The industry saw more than 40,000 job postings in the first five months of 2023, according to a report published by staffing firm TeamLease Digital on 21 June. However, it added that nearly 30% of them remained vacant despite strong demand and rising salaries for such roles.
The industry saw more than 40,000 job postings in the first five months of 2023, according to a report published by staffing firm TeamLease Digital on 21 June. However, it added that nearly 30% of them remained vacant despite strong demand and rising salaries for such roles.
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Experts say a shortage of skilled professionals for requisite roles, high attrition levels, and often-extreme stress levels is impacting the industry.
Another report by TeamLease Digital projected on 28 March the information technology (IT) services sector, India’s biggest tech recruiter, to cut annual hiring figures by up to 40%.
However, firms in the IT services sector and beyond are continuing to hire cyber security professionals, a factor reflected in the rise in the number of cyber security jobs.
“Last year, the cyber security industry had about 45,000 open opportunities, with a 37% gap in supply of skilled professionals,” Sunil Chemmankotil, chief executive of TeamLease Digital said.
IT services companies have also highlighted their struggles in hiring cyber security personnel. In an interview on 22 June, Debashis Chatterjee, managing director and chief executive of IT services firm LTIMindtree, said the company continues to recruit cyber security talent despite a drop in overall hiring across the organization.
“There are niche skill requirements in the present market that our clients look for and are willing to spend— cyber security is one such area where the demand is persistent,” he said.
