he Internet of Things (IoT) is helping bring about more exciting, efficient connected devices for businesses and consumers alike. And with increased desire for connected devices, comes increased job opportunities within the IoT space.
According to a survey published by Tripwire, 63% of C-suite executives are looking to increase their usage of IoT connected devices and it’s projected that there will be over 30 billion connected devices installed by 2020, with that number more than doubling to 75 billion by 2025.
Growing security risks with IoT devices
But this growth in development and usage of connected devices doesn’t come without security risks.
Of the IT professionals surveyed by Tripwire, 59% of those in mid to large sized businesses think that this growth could become the most significant risk to their network.
The first proven attack on the Internet of Things took place in 2013, when cyber security provider Proofpoint revealed that 100,000 devices were used to launch malicious email attacks on both businesses and individuals. Out of the devices targeted, more than 25% were not classified as computers or mobile devices and included televisions, fridges and home routers.
Since then, the risk has only increased. According to Trustlook, 25% of cyber attacks are expected to be on IoT devices by 2020.
Jonathan Martin, cyber security expert at Networkers, comments on the risks connected devices could have:
“Connected devices are just another way businesses are at risk of cyber security attacks. Cybercrime damage costs are predicted to hit $6 trillion per year by 2021, so there is a need for businesses to be on the front foot when it comes to preparing for the security of their networks and devices. $1.5 billion is expected to be spent on IoT security in the coming year, with that number rising to $3.1 billion by 2021; showcasing the increased investment required to match the increasing threat.”
The search for cyber security skills
With the growing cyber security risks across all IT systems, addressing the cyber security skills gap has never been more important.
Businesses are already competing to hire the best Information Security Managers and Security Architects but with the anticipated shortfall of cyber security professionals set to reach 1.8 million by 2022, the competition is only likely to increase.
The shortfall of cyber security professionals gives great opportunities for those with the relevant skills to further their careers and unlock some of the best salaries the field has to offer.
But there are also opportunities for IT professionals in related disciplines to transfer their skills and move towards a career as a cyber security specialist, as Jonathan explains:
“For IT professionals looking to move towards a career in cyber security, there are a number of ways to boost their employability in the cyber security space. The CISM (Certified Information Security Manager) and CISSP (Certified Information System Security Professional) certifications are two ways a 2nd or 3rd line support professional could build their knowledge and demonstrate their cyber security expertise to employers.”