Three Trends Affecting Security Careers Today
Three Trends Affecting Security Careers Today
By David Lammert | Pinnace Placements on January 27, 2021
As today’s business environment incorporates the lessons learned from COVID-19 along with the other daily challenges of our evolving world; the security function of a successful organization must engage collaboratively with their internal stakeholders, while maintaining the integrity of their day-to-day function. To stay competitive, these security management and leadership professionals must keep up with the demands and pressures of business, an evolving threat landscape, and security industry changes. Here are the three trends that are having an impact on today’s security management careers.
Top Three Trends Impacting Security Management Careers
- The need for specialized talent. Organizations are seeking highly skilled candidates who can immediately add value to the needs of the internal security function. The growing demand for specialized talent in the workforce can be seen in the way firms recruit for security jobs. Many firms are actively seeking security professionals with skills and experience in not only ongoing areas of concerns such as security policy, risk management, physical security-workplace violence & active shooter but also niche specialties in business continuity/resilience along with cybersecurity and information security.
Security professionals often have a competitive edge if they are tech-savvy and bring knowledge of “hot” areas of concern, such as data privacy, hacking, ransomware, or strategic security planning & management on the physical security side. All security professionals can improve their career prospects if they have strong tech skills and knowledge along with stellar soft skills.
Building a security team that can provide targeted, specialized support to the organization while still maintaining a big picture view can be a challenge. A well-devised recruiting and candidate sourcing strategy is necessary.
- The work-life balance factor. Once organizations hire employees, they don’t want to lose them to competitors. Over 62% of Chief Information Security Officers (CISO’s) interviewed in a recent ISACA survey said their cybersecurity function is understaffed and they have had at least some difficulty finding skilled candidates for Information Security and Cyber Security jobs, and one-third (33 percent) said they were concerned about top talent leaving to pursue security careers elsewhere.
While competitive salary and benefits packages continue to be crucial for attracting and keeping top performers, a healthy work-life balance is a growing demand in security careers — not just from the perspective of younger security professionals, but also baby boomers who want to step back in their hours. Nearly seven in 10 (69 percent) security leaders interviewed for the survey stated that flexible hours and some ability to telecommute, if appropriate, were among the top incentives for the recruitment and retention of today’s security professionals.
- Provide a competitive advantage with business and industry knowledge. Organizations and companies increasingly expect security professionals to have a grasp of their business and industry. For example, this includes developing an understanding of a company’s products and services and knowledge of security challenges, threats, and regulatory frameworks they may face. Security leaders need to enhance their business acumen if they are to understand how each decision affects business operations, other departments, and a company’s overall bottom line. If this is lacking, they will fall short in their strategic advisory capacity and miss an opportunity to offer a competitive advantage to the organization. Also, globalization and digitalization are driving the need for security to understand the potential impact of local laws, cultural factors, and events on their employer’s business operations in other countries.
Organizations that fail to keep up with trends and changes in their industry find themselves lagging behind their competitors and becoming targets for unenviable outcomes. To thrive in today’s highly competitive business environment, organizations and their security management and leadership teams must recruit employees with specialized talent, and then build their business acumen. And once they’ve put time and effort into hiring and training and establishing a supportive culture, successful employers will work hard to retain their valued employees. Studies show that businesses with high employee retention and engagement scores often enjoy competitive advantages over others.
Based on your experiences, what trends do you think are currently impacting security professionals the most?