Indian companies are on a desperate hunt for cybersecurity experts

By Sushma U N

India saw at least one cybercrime every 10 minutes during the first half of 2017.

But Indian companies are struggling to beef up their cybersecurity teams as there’s hardly enough talent around.

There are currently around 30,000 cybersecurity vacancies in India, recruitment experts say, including several for C-suite leaders who can overhaul the overall security strategy of a firm. Other openings include managers who can oversee cybersecurity projects and engineers with impeccable domain knowledge.

The required skills are analytics, engineering, and software development, and also highly specialised functions such as intrusion detection (monitoring suspicious activity on the network), access management, risk auditing, cryptography, forensic sciences, and network security.

And because demand far outstrips supply, those with the skills can potentially make a killing.

In their desperation to hire, companies are willing to pay nearly twice as much as they do to other tech professionals. For instance, engineers with cybersecurity chops and more than three years of experience can make up to Rs25 lakh a year, HR experts said. On the other hand, a software developer with five years at a multinational firm would earn only around Rs10 lakh a year.

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