Some might call it a silver lining. The cyber crime epidemic has created a new job growth spurt as the number of open positions over the next five years is expected to triple. CSO Online brought this news to us in their article, “Cybersecurity labor crunch to hit 3.5 million unfilled jobs by 2021.”

This prediction comes from Cybersecurity Ventures’s report that estimates there will be 3.5 million unfilled cyber security jobs by 2021, up from 1 million openings last year. Currently, the number of United States cyber security job openings is up from 209,000 in 2015.

Cyber crime is expensive and the damage is far reaching. It is expected to cost the world $6 trillion by 2021. This includes damage and destruction of data, stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, embezzlement, fraud, post-attack disruption to the business, forensic investigation, restoration and deletion of hacked data and systems, and reputational harm.

Melody K. Smith

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