To understand the current security landscape and top threats in the wake of so much attention and scrutiny, my company Wisegate talked to a group of our senior IT members – the men and women in the trenches, running IT programs across many industries. Much to our surprise, their answers went deeper than insider threats, phishing and malware. To protect against these countless, daily vulnerabilities, senior IT professionals are concerned about having the resources – time and talent – to cut through the post-Snowden red tape and best safeguard their companies.
Security talent shortage
There’s currently a high need for security professionals across many industries and a major shortage of qualified individuals. The growing number of people joining the security workforce cannot keep up with job demand, leaving IT departments understaffed and open to security threats.
More than ever, businesses are wanting and needing security talent to protect against the looming threat of data breaches – and are willing to pay for it. A senior security director at a major entertainment company (name and company has been protected so that he may speak freely) is recruiting talent from around the world, offering to pay for relocation expenses, compensating talent with high-priced salaries and even offering signing bonuses when hiring for security positions, as competition is so high.
Other companies are interested in hiring from overseas, but domestic and foreign governmental red tape make it difficult to secure green cards for private employment.
International and domestic red tape
International and domestic rules and regulations can affect more than hiring activities. Thanks to the Snowden affair, additional calls for government regulation have come to light, leaving senior execs worried that new regulations will drain time and finances into complying with new protocols, distracting teams from protecting against hacking or data theft from the inside. With the current shortage of talent already in play, there’s little wiggle room for wasted time.
Companies have already seen changes in international business. Some international governments have already expressed concerns about emails leaving their borders in the wake of the Snowden affair. One executive in risk management at a consumer goods company shared that his company may have to ask Microsoft to keep email originating in Italy at an Italian data center and an email originating in Germany at a German one, if pressured enough by Europe, so international governments can protect private communications.
The vice president of corporate security at an insurance company believes that the Snowden incident has “made data privacy come to the forefront of a lot of people’s minds. It’s a top priority of mine, as well as most of my colleagues and peers. I think there’s still more to come. We’ll see more regulations – and government interest – as more data comes to light.”
Reading our newsletter every Monday will keep you up-to-date with security news.
Receive a daily digest of the latest security news.