Given the rapid development of technology around the world, the Institute for the Future predicts that 85% of jobs that will be prevalent in 2030 do not exist today. One example of an industry with jobs seeming to appear out of thin air, and at dizzying rates, is cyber security.
While the industry has been around for years, it took on another level of visibility following several highly publicized cyber attacks in 2017, including "disruption of power companies, airports and the central bank in Ukraine; the temporary shutdown of The National Health Service in the U.K.; and the publication of nearly 9,000 stolen CIA documents by Wikileaks," according to Indeed.
The increasing number of incidents and demand for people with the necessary skills to combat cyber attacks — as well as the still low number of qualified individuals — have made the industry a thriving one for job seekers with the necessary skills. In this environment, an online Bachelor of Science in Information Assurance and Cyber Defense is a promising degree that can lead to lucrative jobs with plenty of job security.
Job Outlook in Cyber Security
The cyber security industry expects to add 3.5 million job openings by 2021, according to Cybersecurity Ventures, and there is virtually no chance of the high demand dissipating. Projected damages for cybercrime are estimated at $6 trillion in 2021, which would double the amount ($3 trillion) of worldwide cybercrime damages in 2015.
Robert Herjavec, founder and CEO of the Herjavec Group, a managed security services provider with offices around the world, said a degree specializing in cyber security, can set graduates up with endless possibilities.
"I highly recommend pursuing your education in information technology or computer science," said Herjavec, directing his comments at IT workers and new entrants to the field — including college graduates. "There is a zero-percent unemployment rate in cybersecurity and the opportunities in this field are endless. Gone are the days of siloed IT and security teams. All IT professionals need to know security — period. Given the complexity of today's interconnected world, we all have to work together to support the protection of the enterprise."
Ability to Work Globally
As we've seen in the news, cyber criminals operate overseas just as easily, and perhaps with more frequency, than in the domestic space. Earning this specialized degree and getting into the field of cyber security could afford you the opportunity to see the world. Sure, the United States needs cyber security workers — to the tune of approximately 780,000 people in 2017, which was more than triple the number from just two years earlier, with another 350,000 openings in 2017 — but it's important to remember the vast opportunities worldwide.
The United States is only the tip of the iceberg as far as cyber security work is concerned. In India, for example, the projected need is 1 million cybersecurity professionals by 2020. Other countries with shortages of qualified cyber security workers, as reported by Intel Corp., include the United States, Israel, France, Germany, Japan, the U.K., and Australia, which has reportedly been hit harder than any other country, as a whopping 88% of IT decision-makers say there is a skills shortage in both their company and in Australia as a whole.
Variety of High-Paying Job Opportunities
Not only is there a large number of different jobs one can attain with a degree in information assurance and cyber defense, but there is a lot of money to be made in them.
According to Indeed, salaries for the top 10 high-paying cyber security jobs are all around $100,000 per year or higher. The tenth-highest paid job is that of information manager, with an average annual salary of $99,930. Other jobs include application security engineer, director of information security, cloud engineer, software architect, penetration tester and chief information officer. The highest paying of the bunch, on average, is application security manager at $128,128.
There are millions of jobs waiting for candidates with the right skills in the cyber defense industry, and obtaining a specialized Bachelor of Science in information assurance and cyber defense can put you on a high-paying career path with unprecedented job security.
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