Hyderabad: With India’s cyber security market set to grow at a rate of 19 per cent every year from 2018 to 2023, global IT certifications leader, CompTIA has entered into commercial training partnerships with four entities in the IT skills training space including SpringPeople and Suchi Managed Services, for a pan India audience, InfoSectrain, for Delhi, Pune, Bangalore and Chennai and CybersecurityIndia for Mumbai, Pune and Thane only.
With this new collaboration, CompTIA aims to strengthen the presence of its IT skills portfolio and make its certifications more accessible to learners both in metro cities as well as in tier 2 and 3 cities.
Rapid adoption of Social, Mobile, Analytics, Cloud & IoT (SMACT) technologies are resulting in growing complexities pertaining to data security, network infrastructure, and security regulation & compliance, thereby boosting demand for cybersecurity solutions and services across the country.
Demand for cyber security professionals is driven mostly by consulting firms, banks, the government, retail, BFSI companies and IT companies. Financial service institutions including banks, payment gateways and e-commerce organisations are the biggest employers in cyber security.
This demand for cyber security professionals covers both leadership and lower levels. Demand has shot up in the last one year. The average salary for a cyber security head ranges anything between Rs 2 crore and Rs 4 crore annually. Companies are even paying up to Rs 10 lakh per annum to freshers who have the right skills. However there’s still a persistent skill shortage in this area.
The dearth of skilled cybersecurity professionals continues to be a major problem for many organizations. Even with average InfoSec salaries soaring, there are thousands of vacant positions. Recruiters have complained that engineering graduates trained conventionally lack the skills cyber security companies are looking for.
While SpringPeople and InfoSectrain cater to those already in the workforce and looking to gain that extra edge in promotions or appraisals, CybersecurityIndia and Suchi Managed Services deliver learning modules for engineering students as well. CompTIA itself places no bar on pre-requisites for its certifications.
Increasing investment by the government and financial institutions in a digital economy is also a key driver of hiring in the cyber security skills market. Expenditure on information security alone is set to increase to $1.7 billion within India in 2018, according to research firm, Gartner.
Note: News shared for public awareness with reference from the information provided at online news portals.
