Best Companies 2018

Cybersecurity hiring turning into top priority for cos: Staffing firms

As companies continue the remote-work model and look to improve the security of their networks, demand for cybersecurity roles is on the up despite uncertainty over onboarding employees amid a lockdown to combat the outbreak. Cybersecurity inciden...

Agencies
The nature of work done by specialists will, however, be radically different given the new work-from-home models, he added.
MUMBAI: IT vendors catering to the banking, financial services and insurance (BFSI) sector are hiring more cyber ecurity professionals even as there is freeze on all other technology positions, according to staffing firms.

As companies continue the remote-work model and look to improve the security of their networks, demand for cybersecurity roles is on the up despite uncertainty over onboarding employees amid a lockdown to combat the Covid-19 virus outbreak.

Cybersecurity incidents involving video conferencing app Zoom and at IT services provider Cognizant have also forced companies to improve safeguards.


“Demand has gone up by up to 15%,” Sunil C, head-specialised staffing at TeamLease Digital said.

“There were a lot of open positions for cybersecurity and, in between, this Covid-19 pandemic has happened. There is an increase in demand, particularly from the Big Four consulting companies and the IT services companies catering to the BFSI sector,” he elaborated.

The last couple of weeks has seen a deferment in onboarding of new employees, but the demand remains, he said. However, for positions like digitisation (specialists) and regular developer skills, demand has fallen, “so these positions have been withdrawn,” he added.
ADVERTISEMENT

Anand Ramakrishnan, CEO of Qtek Systems, a Quess Corp company, said hiring for cybersecurity roles will be priority for companies after the lockdown is lifted.

The nature of work done by specialists will, however, be radically different given the new work-from-home models, he added.

“The nature of cybersecurity professionals will change. People who have more knowledge of endpoints detection and response and video conferencing, for example, will be more in demand,” Ramakrishnan said.

In security parlance, endpoints refer to remote devices in the corporate network, such as laptops or other wireless and mobile devices.
ADVERTISEMENT

“Earlier, endpoint protection was restricted to antivirus or anti-malware solutions and they were more 'prevention' software. There was no constant monitoring and threat analysis. Now, all of these endpoints sitting in various houses become targets, so there has to be continuous monitoring. So, the nature of IT security will change quite a bit,” he pointed out.

According to Kamal Karanth, co-founder of specialist staffing firm Xpheno, companies were earlier dragging their feet on hiring for such positions, but with rising number of cyberattacks of late, attitudes have changed.
ADVERTISEMENT

“Cybersecurity professionals will be the first roles which will be filled post-lockdown,” he said.

Some service providers have already upgraded their security infrastructure to cater to a work-from-home model. “We rejigged our cybersecurity posture, and all our project management practices and systems to ensure that proper work allocation, work monitoring and reporting continued,” said Rajesh Gopinathan, CEO of Tata Consultancy Services.

Infosys has also assigned high importance to cybersecurity in delivering projects under a work-from-home model.

“The thing that we will be more watchful about is security. We want to be absolutely clear that whatever we do also takes into account cybersecurity and we do not fall into any lapse there,” said Salil Parekh, CEO of Infosys.

The Maze ransomware attack on Cognizant is expected to burn a $50-$70 million hole in its revenue this year and has led to increased awareness on the need for up-to-date security infrastructure.

“We are further leveraging our external security experts to help inform and guide our long-term security strategy. Cybersecurity will continue to be a top priority for us in the years ahead,” Brian Humphries, CEO of Cognizant, said in a post-earnings conference call last week.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Text Size:AAA
Success
This article has been saved

*

+