The current shortage of skilled cybersecurity professionals is putting companies at grave risk as cyberattacks shift from “if” to “when.” The growing demand for cybersecurity experts far outpaces the supply, leaving businesses susceptible to increasingly sophisticated attacks that result in substantial financial losses from breaches. Each unfilled cybersecurity position represents a vulnerability that cybercriminals can exploit to access critical systems and sensitive data.

Why it matters: This shortage isn’t limited to tech firms; it threatens all companies. Leading businesses are addressing this issue by partnering with universities for specialized training, cultivating in-house talent, and making cybersecurity education more accessible. However, the responsibility falls on business leaders to confront this challenge and protect their digital assets against the escalating cyber threat.

• Cyberattacks, averaging $115,000 in losses each, are a significant financial risk, with over 4,000 daily attacks.

• Leading companies are combatting the shortage by forming educational alliances, nurturing internal talent, and increasing the accessibility of cybersecurity training.

• Business leaders must acknowledge and act upon this issue to safeguard their digital assets and protect against the growing cyber threat.

Go Deeper —> Unfilled Cybersecurity Positions Threaten the Future of Businesses Everywhere – Inc.