Cybersecurity Workforce

Cybersecurity Infrastructure Viewed as a ‘Tangible Asset’ in M&A

When M&A auditors look at a target company’s tangible assets, in the vast majority of cases that includes cybersecurity. In a new (ISC)² study about the impact of cybersecurity in M&A, 95% of respondents say they consider cybersecurity infrastructure “a tangible part” of the value calculation. The stronger the infrastructure, including soft assets such as risk management policies and security awareness training programs, the higher a target company’s value will be, according to 82% of respondents. If an audit reveals weak security practices, 52% of respondents would view the cybersecurity program as a liability. What this means for organizations considering…

Cybersecurity Audits Are Now Standard Practice in M&A

Cybersecurity threats are a major concern for businesses of all sizes, and that challenge can have repercussions when a company puts itself on the selling block. One of the things buyers will want to know is whether the company has had a breach and, if so, how it was handled. If the business can show it addressed the breach in a satisfactory way and learned from the experience by fixing its security vulnerabilities, its sale value increases, according to 88% of respondents in a new (ISC)² study titled Cybersecurity Assessments in Mergers and Acquisitions. The study reveals that cybersecurity audits…

The Many Facets of the Mentoring Experience

by Dr. Chris Veltsos, CISSP, member of (ISC)² Advisory Council of North America Hardly a day goes by that I don’t hear or read about the benefits of mentoring. Can a good mentoring experience fix what ails organizations today? I’m not a mentoring guru so I can’t answer that particular question, but what dawned on me is how many people seem to think of mentoring as a narrowly defined relationship where the mentor gives — time and advice — and the mentee receives that information. While the relationship has value, in this article, I wanted to share other forms of…

Getting Started on the California Consumer Privacy Act

by Paul Lanois, SSCP, CIPP, CIPT, CIPM, Member of the (ISC)² Advisory Council of North America Privacy Working Group If you have spent any amount of time online recently, then it is extremely likely that you have already heard about the General Data Protection Regulation (the “GDPR”), the European regulation which came into effect on May 25, 2018 and which governs data protection or individuals which have their personal data processed or stored by an organization within the European Economic Area (EEA). Meanwhile, information management professionals are likely to remain very busy in the coming months with the upcoming California…

IT Professionals: Use the Security Skills Shortage to Your Advantage

A cybersecurity skills shortage is expected to result in 3.5 million unfilled positions by 2021. Research from ESG finds 51% of organizations believe they have a “problematic shortage” of cybersecurity skills – an increase of 7% year-over-year. Clearly, the skills gap is a serious problem, impacting an organization’s ability to keep up with software vulnerabilities, harden devices, respond to security issues quickly and strategically manage security in an ever-evolving threat landscape. With the odds stacked against them, businesses must find new ways to recruit and retain skilled security employees and proactively address the lack of talent to fill critical roles….

The Collaborative Alliance to Develop New Cybersecurity Council and Professional Recognition as part of the UK’s National Cybersecurity Strategy

(ISC)² is a member of The Collaborative Alliance for Cybersecurity, a consortium of organisations that represent a substantial part of the cybersecurity community in the UK. As part of the Alliance, we will be participating in the design and delivery of the new UK Cyber Security Council on behalf of the Department for Digital, Culture, Media & Sport (DCMS). The Alliance, with the Institution of Engineering and Technology (IET) nominated as lead organisation, was selected following a competitive grant competition by DCMS. The Collaborative Alliance for Cybersecurity brings stakeholders together in the interest of advancing a healthy cybersecurity workforce for…

(ISC)² is Now an Approved Professional Organisation for Tax Relief in the UK

There are few certainties in life, with taxes being very much at the top of the list. However, for (ISC)2 members in the UK, we have some good news for you on that front. From now on, members in the UK will be able to claim tax relief on their annual maintenance fee (AMF) in most cases. We have been granted Approved Professional Organisations and Learned Societies status by HM Revenue & Customs (HMRC), the UK’s tax, payments and customs authority. This status recognises (ISC)2 among a select number of essential professional societies and bodies operating in the UK that…

Salaries for Cybersecurity Chiefs Soar

As the cybersecurity skills shortage intensifies, cyber professionals have become the target of stiff competition among recruiters and employers. Compensation and benefits packages are becoming increasingly generous, essentially giving jobseekers the chance to write their own ticket. Compensation packages have exceeded $6 million at some large technology companies, according to a recent Bloomberg article. Such packages typically involve mostly stock but even so, they prove that it definitely pays to be in the cybersecurity field. Even the direct charges of top security officers are commanding salaries in the $1 million range, according to Bloomberg. The reasons for these bloated pay…

Most Cyber Workers Plan to See Out Their Careers in the Field

Recruiting cybersecurity professionals is a major challenge because of the scarcity of qualified candidates, but at least employers don’t have to worry about them wanting to change professions. Most cybersecurity workers (64%) plan to finish out their careers in cybersecurity, according to (ISC)² research. Of course, this creates a new challenge for employers – how to retain their cybersecurity staff. With a worldwide shortage of nearly 3 million, there’s always a chance workers will leave for better pay or more attractive working conditions. To prevent this, employers must put serious effort into retention with measures such as robust training, professional…

(ISC)² Meeting with Department of Commerce to Discuss Cybersecurity Workforce Issues

Part of (ISC)²’s role in the cybersecurity industry includes representing its members in legislative matters to ensure that we’re advocating for the profession and providing guidance to government leaders on new policies that may be championed. On Wednesday, August 14, (ISC)² Director of Cybersecurity Advocacy John McCumber will meet with The U.S. Senate Committee on Commerce, Science and Transportation to discuss the findings of the (ISC)² Cybersecurity Workforce Study and its implications on cybersecurity workforce advancement that the U.S. government might spearhead in collaboration with the private sector. This type of input session will help to inform the committee during…