Cyber Security is an industry which is constantly growing due to the growing search for talent. From 2016-2026 the expected expenditure in shape of defence is £178 billion, meaning it is constantly on the search for top talent to fill the growing jobs in the market.
Here is a map marking the billions that are getting spent across UK.
There has been a 2.6% increase (£2.2 billion) for 2020/21 taking the defence spend to…
A 2.5% increase for intelligence for 2020/2021 taking intelligence to…
SME spend to increase by 2020, so plenty of room for growth for the SME’s of the industry.
Crazy statistics surrounding Cyber Security
Even if a lot of money is being pushed into this industry, cyber criminals land on the most wanted list. The likes of Park Jin Hyok tops the list, he is a computer programmer who has been responsible for some of the costliest computer intrusions in history, including the cyber attack on Sony Pictures Entertainment, a series of attacks targeting banks across the world that collectively attempted to steal more than £775 billion.
Malicious software, also known as malware, is taking aim at your mobile devices. Things like spyware, ransomware, and viruses used to focus on your laptop or desktop computer. Well, look out, mobile devices, with an increased 54% in 2017, we need to keep a lookout.
Internet of Things devices can increase security vulnerabilities, as just how trustworthy are internet connected devices? Symantec research in 2015 found multiple vulnerabilities in 50 commercially available devices. They included a “smart” door lock that could be opened remotely online without a password.
As more money gets pushed into the industry the UK has and will continue to meet the NATO commitment to spend 2% of GDP on defence each year, therefore the growth in security is being increased hopefully decreasing the amount of cyber attacks.