Brazil has a shortage of 750,000 cybersecurity experts, according to research

As a recent survey by Fortinet shows, the cybersecurity professional shortage is a problem affecting companies around the world. In Brazil alone, the current demand is around 750 thousand specialists.

The data is included in the 2024 edition of the United States-based multinational company’s Global Report. cybersecurity skills gapMore than 1,800 leaders from technology, manufacturing and financial services companies, as well as other industries, were interviewed for the study from 29 countries.

According to the report, 4 million cybersecurity experts will be needed worldwide to mitigate risks and deal with different digital threats. In 2023, 87% of companies experienced some type of breach due to a lack of people with the skills to deal with these issues in their systems.

These cyberattacks have created a number of impacts for the companies that were breached. More than 50% of them experience losses exceeding $1 million due to malicious acts. In addition to the financial aspect, they also experienced reputational problems, as 51% of bosses were punished after the incidents.

Education and diversity

The survey also shows that companies are being flexible with their hiring criteria to address the cybersecurity shortage, but 71% of leaders surveyed said they are still taking this approach. Four-year degree requirement in the selection process.

They also highlighted the importance of certifications; over 90% said they preferred job candidates with up-to-date knowledge. Even contractors showed are willing to pay for employees to get cybersecurity certification.

Additionally, 83% confirmed that they are working towards diversity hiring goals. Although the number of female professionals accepted in 2023 has dropped to 85%A 4% decrease from 2022. Veterans hiring increased to 49% and minority group hiring continues at 68%.