Cybersecurity skills gap cause breaches

Fortinet has released its 2022 Cybersecurity Skills Gap Report. The new global report reveals that the cybersecurity skills shortage continues to have multiple challenges and repercussions for organizations, including the occurrence of security breaches and subsequently loss of money. As a result, the skills gap remains a top concern for C-level executives and is increasingly becoming a board-level priority. The report also suggests ways the skills gap can be addressed, such as through training and certifications to increase employees’ education.

The Widespread Global Impact of the Cybersecurity Skills Shortage


According to (ISC)2’s 2021 Cyber Workforce Report, the global cybersecurity workforce needs to grow 65 percent to effectively defend organizations’ critical assets. While the number of professionals needed to fill the gap has decreased from 3.12 million down to 2.72 million in the past year, this is still a significant void that leaves organizations vulnerable.



Fortinet’s report demonstrates multiple risks resulting from the cybersecurity skills gap. Most notably, 8 in 10 organizations surveyed have suffered at least one breach they could attribute to a lack of cybersecurity skills or awareness. The survey also showed that globally 64 percent of organizations experienced breaches that resulted in loss of revenue, recovery costs and/or fines.



Given the increasing costs of breaches on organizations’ profits and reputation, cybersecurity is becoming more of a board level priority. Globally, 88 percent of organizations that have a board of directors reported that their board asks questions specifically about cybersecurity. And 76 percent of organizations have a board of directors who has recommended increases in IT and cybersecurity headcount.



Advancing Cybersecurity Skills Through Training and Certifications


Fortinet’s skills gap report demonstrated that training and certifications are critical ways organizations seek to further tackle the skills gap. The report revealed that 95 percent of leaders believe technology-focused certifications positively impact their role and their team, while 81 percent of leaders prefer to hire people with certifications. Additionally, 91 percent of respondents shared they are willing to pay for an employee to achieve cyber certifications. One major reason for certifications being highly regarded is due to their validation of increased cybersecurity knowledge and awareness.


In addition to valuing certifications, 87 percent of organizations have implemented a training program to increase cyber awareness. However, 52 percent of leaders believe their employees still lack necessary knowledge, which raises question around how effective their current security awareness programs are.



For organizations looking for security awareness training, Fortinet offers a Security Awareness and Training service through the award-winning Fortinet Training Institute. The service further protects organizations’ critical digital assets from cyber threats by building employee cybersecurity awareness. This service receives updates from Fortinet’s FortiGuard Labs threat intelligence so that employees are learning and keeping up with the latest evolving cyberattack methods to prevent company breaches and risks from being introduced.



Addressing Recruitment and Retention Challenges with Diversity Commitments


A significant challenge for organizations has been finding and retaining the right people to fill critical security roles ranging from cloud security specialists to SOC analysts. The report found that 60 percent of leaders admit their organization struggles with recruitment and 52 percent struggle to retain talent.



Among hiring challenges is the recruitment of women, new college graduates and minorities. Globally, 7 out of 10 leaders see the recruitment of women and new graduates as a top hiring hurdle and 61 percent said hiring minorities has been challenging. As organizations look to build more capable and more diverse teams, 89 percent of global companies have explicit diversity goals as part of their hiring strategy according to the report. The report also demonstrated 75 percent of organizations have formal structures to specifically recruit more women and 59 percent have strategies in place to hire minorities. Additionally, 51 percent of organizations have efforts in place to hire more veterans.

New report provides key recommendations to MSPs on how to best grow their cloud businesses.
Access to real-time endpoint data promotes zero-trust security and enhances application performance and reliability across complex integration environments.
Network engineers and CIOs agree that cybersecurity issues represent the biggest risk for organisations that fail to put networks at the heart of digital-transformation plans. According to research commissioned by Opengear, 53% of network engineers and 52% of CIOs polled in the U.S., U.K., France, Germany, and Australia rank cybersecurity among the list of their biggest risks.
Only 1 in 5 employees feel their organisation is very prepared for hybrid working.
Significant 82% rise in short duration DDoS ‘Flood’ attacks, a 297% increase in OpenVPN attacks and a 29% higher risk of a repeat attack within a week.
One of the leading global email cloud security and backup providers adds IT security awareness-building training to its portfolio.
Tight integration of IDaaS into Censornet’s platform elevates its autonomous security capability and gives organisations intelligent affordable control of authentication.
A perfect storm of escalating cyber-attacks and global tech innovation, leaves 61 per cent of Chief Information Security Officers (CISO) only “fairly confident” of managing their current threat exposure.