Communications of the ACM
Cyber Pros Are Seeing Lower Job Security
Some cybersecurity chiefs say they've been asked to keep expenses the same as last year, even though costs have gone up.
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Economic uncertainty continues to chip away at corporate cybersecurity. Layoffs, budget cuts, and general skimping are putting more pressure on cyber teams, which in some cases are pausing hiring and technology investment.
Of 14,865 surveyed cyber professionals, 47% said there had been some form of cutbacks — layoffs, budget cuts, hiring or promotion freezes — in the past 12 months, according to the Cybersecurity Workforce Study 2023 by ISC2 in collaboration with Forrester Research. Of that group, 22% said there had been layoffs on their teams, while 53% saw delays in buying or implementing technology, according to the study published Tuesday.
Seventy-one percent of cyber professionals said their workload had increased as a result of recent cutbacks, the survey said. Industries reporting the highest numbers of cybersecurity layoffs in the past year were entertainment and media, construction, security software and hardware development, and automotive.
From The Wall Street Journal
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