Cybersecurity. Employment Landscape Fortify Experts. All Rights Reserved.
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1 Cybersecurity Employment Landscape
2 Tim Howard Founder of Energy Sourcing Energy Technology Consulting & Staffing Founder of Vortecy & GRIDRx Utilities Analytics and Transformer Monitoring Founder of Fortify Experts Cybersecurity Search and Staffing Firm Co-Founder of EMCO Partners New Technology Commercialization Accelerator 2x Ironman Texas Finisher Men s Bootcamp Leader for past 10 years.
3 Fortify Experts Team of Experienced Recruiters and Security Professionals. Nationwide Services: CISO / CSO Executive Search vciso (Virtual CISO s) Permanent Placement Project / Consultants / Contactors Exceptional Cybersecurity Experts
4 Cybersecurity Spend (Employment is Driven by Spend)
5 Cybersecurity Spend Projection $180 $160 $140 $120 $100 $80 $60 $40 $20 $0 9.8% CAGR Billions $ Gartner Security Study
6 Tier 1 Spending (Billions) $90 $80 $70 $60 $50 $40 $30 $20 $10 $ Managed Security Services 2020 (IoT) Security Cloud Security Aggregation of Various Sources
7 $16.0 $14.0 $12.0 $10.0 $8.0 $6.0 $4.0 $2.0 Tier 2 Spending (Billions) $ Federal Spending 2020 Vendors in Federal Space Govern, Risk, Compl(GRC) Aggregation of Various Sources
8 $8.0 Tier 3 Spending (Billions) $7.0 $6.0 $5.0 $4.0 $3.0 $2.0 $1.0 $ Cybersecurity Insurance 2020 Security Software Security Awareness Training Aggregation of Various Sources
9 Security Growth Rate (CARG) 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% Aggregation of Various Sources
10 Future Spending SANS 2016 Study
11 Cybersecurity Employment
12 Current Employment 200, , , , , ,000 80,000 60,000 40,000 Network Support Analysts Security Analysts 20, Bureau of Labor Statistics
13 41% More 37% More 2015 Salaries $160,000 $140,000 $120,000 $100,000 Network Analysts Security Analysts $106,310 $143,770 $80,000 $60,000 $40,000 $36,350 $51,280 $20,000 $0 Low (10 th %tile) High (90 th %tile) Bureau of Labor Statistics (2015)
14 * Bureau of Labor Statistics Geographic Profile of Cybersecurity Professionals By State * Not enough data State States with the highest employment level in this occupation: Employment( 1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2) Virginia 11, $51.11 $106,320 California 8, $52.45 $109,110 Texas 7, $43.49 $90,460 New York 4, $53.45 $111,170 Florida 3, $40.25 $83,710
15 Geographic Profile of Cybersecurity Professionals By City Metropolitan area Employment(1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2) Washington-Arlington-Alexandria, DC-VA- MD-WV Metropolitan Division 9, $52.92 $110,080 New York-Jersey City-White Plains, NY-NJ Metropolitan Division 4, $57.18 $118,940 Dallas-Plano-Irving, TX Metropolitan Division 3, $42.06 $87,490 Chicago-Naperville-Arlington Heights, IL Metropolitan Division 2, $45.23 $94,090 Phoenix-Mesa-Scottsdale, AZ 2, $39.12 $81,380 Boston-Cambridge-Newton, MA NECTA Division 2, $45.23 $94,080 Los Angeles-Long Beach-Glendale, CA Metropolitan Division 2, $49.80 $103,570 Atlanta-Sandy Springs-Roswell, GA 1, $43.17 $89,790 Little Rock-North Little Rock-Conway, AR 1, $33.74 $70,180 Charlotte-Concord-Gastonia, NC-SC 1, $46.47 $96,660
16 Skill Being Sought SANS 2016 Study
17 Salary Range 49% respondents: $100,000 or more 23% respondents: $80,000 $99,999 SANS 2016 Study
18 $250K CISO / CSO $200K $150K Security Implementers Cloud Security Security Architects $100K Security Operations $50K 2016 Fortify Experts Jobs Study
19 Highest Paid Titles on Dice (x1,000) Director of Security Chief Information Security Officer Global Information Security Director Chief Security Officer Lead Software Security Engineer $- $50 $100 $150 $200 $250 $300
20 Employment Gap
21 Employment Gap Tony Scott, the U.S. chief information officer, estimates there are about 10,000 cybersecurity openings right now across in federal agencies. Bureau of Labor Statistics claims there are more than 209,000 unfilled cybersecurity U.S. jobs and postings are up 74% over the past five years CISCO claims there are 1,000,000 cybersecurity job openings globally Symantec s CEO Michael Brown expects demand to rise to 6 million globally by 2019, with a projected shortfall of 1.5 million. A Rand Corporation study estimates there are around 1,000 top-level cybersecurity experts globally vs. a need for 10,000 to 30,000.
22 Education This shows the number of CS degrees granted since 1966 in the United States. Notice the two peaks in the mid 80s and early 2000s. Source: Ed Lazowska, UW
23 Employment Gap B.S. Computer Science Degrees 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0% C.S. Degrees dropped from 2.4% in 1984 to 1.0% in 2012 Women in other sciences Women in Computer & Math Field has dropped from 36% in 1984 to 18% in 2013 Women in C.S.
24 Job Tenure Months Over 65 year old year olds CISO's 2016 Bullhorn Study CIO Mag.
25 Market and Employment Sources Gartner, Security Markets Report "IDC - Worldwide Mobile Enterprise Security Software Forecast, " Allied Market Research (AMR). MicroMarketMonitor Report published by Markets and Markets Research and advisory firm Technavio s analysts forecast Report from Market Research Media, Ltd Deltek s Federal Information Security Market Report Bureau of Labor Statistics Peninsula Press Raytheon 2013 survey Cisco 2015 Report Cybersecurity Jobs 2014 & 2015 report published by Burning Glass Technologies
26 For more information contact: Tim Howard EXCEPTIONAL CYBERSECURITY EXPERTS
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