Cyberattacks continue to dominate the headlines with the Democratic National Committee as the most recent high-profile victim.
As the hackers get bolder, companies of all sizes and in all industries are looking to improve their cybersecurity. This translates into high demand for cybersecurity professionals, according to a recent analysis of U.S. Bureau of Labor Statistics data by Stanford University, which projects demand to grow by 53% through 2018.
Job search site Indeed noted companies don't have enough IT staff with cybersecurity experience to provide the protection the companies say they need. As insurers and underwriters assess a company's risk profile, the lack of qualified personnel to manage cybersecurity could have an impact on rates, policy provisions and coverage.
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Rosalie Donlon
Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
