In this blog - the third in our series addressing the cybersecurity career and hiring crisis - we introduce the CyberSN marketplace, the one-stop destination for all cybersecurity career and staffing needs. To learn more about the cybersecurity career crisis and how to solve it, check out our previous blogs.
At CyberSN we recognize that both individuals and organizations need to be matched with the roles and professionals that best fit them, which is why we’ve developed a brand new solution. The CyberSN Marketplace unites confidential public profiles and organizations looking to hire cybersecurity professionals under one platform, providing them with no-cost access to the jobs, tools, information, and professional connections they need.
In the Career Center, professionals create a confidential public profile rather than just uploading a resume, with their critical task and project experience as the main focus. Employers can then find them without the need for any individual to share their identity on a public platform. This allows professionals to connect with their choice of best-fit jobs without fear of reprisal or unconscious hiring biases, helping to promote diversity and inclusive behaviors within the hiring process.
Using their confidential public profiles, professionals can search and apply to jobs on the CyberSN platform, share jobs with their network, and ultimately let jobs apply to them. Employers are able to source individuals based on the unique task and project information in their job description, giving them the opportunity to reach out even to passive job seekers.
As well as increasing the chances of finding a best-fit job, the CyberSN profile is an effective way of assessing: skills to develop, past projects worked on, and potential training opportunities. Professionals can streamline their career development by using their profile for performance reviews, mapping which certifications they require, and negotiating salary increases. By empowering individuals to know their worth, CyberSN profiles give professionals more control over their career development.
The CyberSN Career Center also allows professionals to browse CyberSN’s exclusive Job Taxonomy consisting of ten job categories and 45 functional cybersecurity roles, from executive management to analyst and everything in between. By using this Job Taxonomy, we provide easily searchable access to every cybersecurity job currently posted in the United States (at date of publication, this number was over 65,000 postings), streamlining the job search process for the professional. Our taxonomy also provides us with a common language of role titles to be used across the platform, allowing us to effectively match professionals with roles and streamline communications.
The CyberSN Marketplace enhances CyberSN’s established agency staffing services. From our free job description builder to our full-service staffing offerings, our Hiring Center provides a better way to find and retain the right professionals for every role.
Tailored toward SEO and applicant tracking systems, our free job description builder uses the same common language as our CyberSN professionals’ profiles, categorized within our 10 role categories and 45 functionals roles to ensure quick and easy matching. Organizations can either create and export job descriptions for free or engage with CyberSN’s pool of engaged professionals by posting their jobs to our Marketplace. Professional profiles are then matched to the job based on the tasks and projects that they have completed and those that the role requires.
Our Hiring Center is one of the only providers of comparable cybersecurity salary information, offering up-to-date data that helps organizations understand the market, craft better job descriptions, and communicate successfully with new hires. Certification mapping and career pathing provides the professional development tools needed to carry out annual reviews with existing staff and identify skills gaps within teams. By leveraging the Hiring Center’s resources, organizations are equipped to hire staff that love their job, improving retention and inspiring long-term changes to company culture.
The CyberSN Provider Exchange, part of our Marketplace, offers a directory of relevant training, products, and event resources for both cyber professionals and organizations. Products and services featured on the Provider Exchange range from diversity & inclusion solutions to hands-on training, penetration testing, professional services organizations, and more. Our entire community of cybersecurity professionals and organizations can access CyberSN’s Provider Exchange for free, making it a go-to catalog for any and all cybersecurity career needs.
Joining the Provider Exchange puts your products and services in front of our ecosystem of engaged cybersecurity professionals, allowing us to come together in support of the industry with the resources required to collectively achieve success. You can find more information on joining the provider exchange here.
The crown jewel of the new CyberSN Marketplace is the cybersecurity industry’s first ‘Deep Job Platform’. Our platform goes beyond simple job listings, providing products and features that complement all posted jobs and speak the language of cybersecurity. The platform organizes our 66,000+ jobs and 28,000+ professional profiles based on tasks and projects, classifying them into the ten job categories and 45 functional cybersecurity roles that make up our Job Taxonomy.
As well as making our jobs easily searchable and understandable, using the common language of our Job Taxonomy means that communication is smoother and more accessible. This is particularly important within cybersecurity, as it is a complex and ever-changing field. The CyberSN platform matches professionals to jobs based on their confidential public profile, so individuals are matched to roles based on what really matters - their task and project experience - and nothing else.
Our Marketplace is now the go-to network for jobs, career expertise, and resources for the cybersecurity industry. We see the cybersecurity hiring crisis as a matter of national security and consider it our mission to fix the broken job searching system that exists today.
With the launch of the Marketplace, CyberSN is providing all the tools and connections that are needed for any type of cyber professional to Pwn Their Career and for hiring firms to build their teams fast and to last. This means matching individuals with organizations effectively, ultimately boosting career satisfaction and improving employee retention.
Whether you’re a start-up or a Fortune 500 company, cybersecurity consulting is a good way to assess the effectiveness of your cybersecurity operations. Having another set of eyes on your security systems, looking for ways attackers could infiltrate, and creating a strategy for addressing any security gaps can save your business time and the disruption of a security breach.
Cybersecurity consulting has another less well-known feature that is arguably more valuable than identifying potential threats: insights on cybersecurity staffing. A cyber team is only as good as the people within it, so hiring is a crucial aspect of keeping your company and customer data secure. By tapping a cybersecurity consultant, you can gain expert knowledge on the industry, where to find skilled cyber pros, and how to market your company to top talent.
When vetting cybersecurity consulting firms, here are some qualifications you should be looking for.
You may think you know what you need, but a skilled cybersecurity consultant can help you drill down into the specific aspects of your needs. By understanding your objectives, the consultant can identify skills gaps and provide a staffing headcount based on current and future initiatives. For example, your company might be evaluating security information and event management tools. A good cybersecurity consultant can offer advice on the availability of certain product skill sets and their respective labor cost.
A cybersecurity consultant should be someone who is able to provide the latest information about solutions and products especially those that are becoming more popular, those that are new to the market and other trends. This could include career and employee development trends and new training resources available.
You are never going to build or keep a great cybersecurity team if you aren’t offering enough compensation. You need a cybersecurity staffing consultant who will be blunt about your salaries and compensation packages. Your company may not be able to offer the same salary as a larger company, but a cybersecurity staffing consultant can help you develop other types of compensation, such as ample paid time off, work-from-home options, and an inclusive company culture that will attract professionals.
At CyberSN, our cybersecurity staffing consultants see a lot of compensation data because companies and professionals give us this data every day through our job search platform KnowMore. One thing we’ve seen is that it’s not just about the money. Professionals are looking for better work-life balance, especially since the lines between work and home have become so blurred. Training opportunities and the ability to work remotely permanently are two of the top requested perks we’re now seeing.
Part of the challenge of building out the right cyber team is that job titles, roles, and responsibilities vary from company to company. Having a cyber consultant who knows the industry, terms, and job titles vastly improves the results of your recruiting efforts.
We identified this problem at CyberSN and developed a common cybersecurity language, not just for those in the information security industry, but for those who hire, too. This included identifying different facets of the industry and defining 45 cybersecurity job titles and more than 100 subtitles.
Here are a few questions you should ask before engaging with a consulting firm on your infosec operations.
Do they work primarily for large corporations or is this a firm that specializes in start-ups? A firm may claim to be generalists, but cyber needs vary depending on the company’s size and industry, whether that’s e-commerce, banking, or health care. Make sure you hire a consultant that understands your industry.
Before working with a firm, it helps to know who you will be working with, their area of expertise, and how many hours they will be available. Are you looking for 24/7 availability or someone to develop a strategy for improving diversity? Whatever your need, ask for specifics about the level of expertise you will be provided.
Companies are striving to create inclusive workplaces, especially when race and gender are such a part of the national conversation in the United States. Whatever your cybersecurity needs, diversity is likely to be part of the conversation. When your team is made up of people with different backgrounds and world views, it will help improve your ability to identify threats from around the globe. Discuss diversity training as well as hiring practices to ensure you are creating a welcoming environment for all employees.
As a woman-owned company, diversity and inclusion are important in all we do, which is why more than half of our placements are diversity hires.
This may seem obvious, but if you’re looking for expertise in cybersecurity, make sure the team you get has experience working in the industry and understands both the employer’s and employee’s side of the job.
Ask your cybersecurity consulting firm what you’re getting from them and hold them accountable throughout for that deliverable. CyberSN, for example, offers hiring strategies for companies struggling to fill cyber roles. After working with one cybersecurity industry expert and one cybersecurity hiring expert, the company will have a clear strategy for recruiting and hiring cyber pros that fit their needs and within the company.
No one wants to hire another consultant who swoops in, offers unrealistic advice, and is only concerned about the paycheck. Before you sign a contract with a cybersecurity consulting firm, clearly define what you’re looking for from the relationship. Make sure the firm is willing to help set goals and create a realistic strategy that works for your type of company. Finally, hiring a firm that understands that it’s not just about the tech. Developing the human side of a cybersecurity team can help protect your company, as well.
BOSTON, July 28, 2020 /PRNewswire/
This partnership will expand both firms' services to include extensive coverage across the USA and Canada. Mindlance clients will be able to leverage CyberSN's cybersecurity expertise, specifically their international job and talent matching platform KnowMore, and their security subject matter experts, specialized recruiters, outreach efforts, training events, and diverse talent pool.
In speaking about choosing Mindlance as an exclusive Strategic Partner, CyberSN Founder and CEO Deidre Diamond said, "I searched for a strong IT Contracting Staffing Partner in December of 2019 and I met with numerous large IT staffing agencies. All of these agencies are struggling to provide cybersecurity talent. Choosing Mindlance as a Strategic Partner was an easy decision. Mindlance truly cares about their customers' happiness and for CyberSN this is at the top of the list for partner qualifications. Mindlance is an industry leader in IT contract services and together we will now be the leader in all Cybersecurity services."
Vik Kalra, Co-founder and Managing Director, Mindlance, speaking about the partnership with CyberSN, said, "CyberSN, along with its KnowMore platform, brings a unique solution to the cyber security talent ecosystem. This, coupled with the breadth of Mindlance IT customer and talent reach, will position us together as an industry leader in this space. Our customers and MSP partners have been asking for such depth of knowledge and talent base in niche hard-to-find technologies, and we are excited to be able to serve that need."
The partnership will combine CyberSN's vast and diverse network of cybersecurity professionals with the broad reach of Mindlance's customer base and the thousands of cybersecurity job openings that they represent. This will expose the cybersecurity field to thousands of new workers including Diversity & Inclusion job seekers.
About CyberSN
Founded in 2014, CyberSN is solely focused on the cybersecurity talent industry serving as a trusted brand across the U.S. Recognized by their unique care and dedication to the cyber community; diversity and inclusion initiatives and KnowMoreTM their cybersecurity job posting and talent matching platform, CyberSN is the leader in the industry. Learn more about CyberSN services, hiring strategies and the 45 Job Categories of Cybersecurity visit https://www.cybersn.com
About Mindlance
Mindlance was founded in 1999 and is a certified diversity business (MBE) with a wide-ranging service offering portfolio, which first began with contingent staffing. It grew swiftly to offer comprehensive workforce solutions that now include specialized staffing, diverse/under-represented talent-centric upskilling and incubation/acceleration services, along with what can be termed cost management-centric Pay+ services: Direct Sourcing, EoR/Payroll, IC Compliance and AoR. Mindlance has been recognized as one of the largest US IT staffing firms, one of the consistently best performing partners to industry-leading MSP contingent programs, and has been on SIA's list of Fastest Growing US Staffing Firms for 9 years in a row. The Mindlance journey is about being forward thinking in a continually changing talent landscape while conducting business is a way that is inclusive, authentic and brings a mindful balance to the work ecosystem. To know more, please visit https://www.mindlance.com
View the original release.
Cybersecurity jobs are notoriously difficult to fill. According to a study by Burning Glass Technologies, cybersecurity positions take 20% longer to fill than typical IT roles, at an average of 50 days. For every open position, the study found companies only have an average of two people in the applicant pool to choose from.
Cybersecurity recruiting is challenging for many reasons, but few companies have attempted to get to the root of the problem and find a better solution. It’s what makes CyberSN an outlier in the cybersecurity recruiting industry. We’re the only company that specializes in just cybersecurity and we’re the only company that guarantees filling a job in under 39 days.
How is it that CyberSN is the only game in town? Here’s the story.
CyberSN was born from conversations founder and CEO Deidre Diamond was having with her friends in the cybersecurity industry. Some were telling her they were struggling to find jobs. At the same time, she was hearing from others about a shortage of cyber professionals. Diamond saw this disconnect as an opportunity to reach an untapped market—there must be a faster, easier way to match cybersecurity professionals looking for a job upgrade and companies in need of skilled cyber talent.
Since the job search and recruiting process went online, both job seekers and companies have turned to keywords and automation to make the process easier. While this has cut the time required to find a job for most people, the result in specialized industries, like cybersecurity, has been a failure.
Diamond found some companies were cutting and pasting attributes from past job descriptions, regardless of what’s needed, to create nonsensical franken-jobs that savvy, experienced cyber pros see through immediately.
“These are highly wanted professionals,” said Diamond. “They’re not going to read that!”
Then there were the HR recruiters who don't understand what a job description means, making it hard to seek out skilled people for the job. Add to that cybersecurity professionals who are serious about their privacy online and stay away from LinkedIn and it was a wonder companies and cyber pros ever found each other.
“What hit me square in the face is that when content became free, it also became meaningless,” said Diamond. “Job descriptions became meaningless and resumes were always meaningless—you can put anything on a resume.”
With bad job descriptions and bad resumes, “It’s matching garbage content to garbage content,” she said. Plus, there’s the enormous cost companies must incur just to hire, and the mental energy it takes to apply, prepare, and interview for a job.
“There is an element of job searching that’s so bad it's causing mental distress. It’s amazing that in the year 2020 we can’t match people.”
Diamond wanted to know, how do you fix it?
Sometimes solving a problem takes coming at it from the outside. Diamond didn’t come up through the cybersecurity industry, but instead in sales and management in the tech industry. After graduating with a degree in criminal justice, Diamond considered a career in law or in social work, but after seeking career advice, took an entry-level position with Motion Recruitment, a tech recruiting firm headed by two serial entrepreneurs. There, she was on a professional growth track that would take her into senior leadership. After 13 years in tech recruiting and helping take the company from $2 million to $89 million in sales as the vice president of sales, she became vice president of sales at the security software company Rapid 7, and then on to serve as CEO at Percussion Software.
Having led a company, Deidre began thinking about building her own company and took some time away to develop her ideas. It was during this time Diamond was at Black Hat, running into people she knew and hearing from just about everyone that they were looking for something new—cybersecurity professionals who were looking for a career change and companies looking to hire.
“You talk to cybersecurity professionals and they’d say, ‘I can’t get an interview that's the correct interview for me,’” said Diamond. Others said they wanted a new job but were working so much they didn’t have the time to look.
Diamond launched CyberSN in 2014 as the solution to this pervasive staffing problem. Tapping her industry connections in tech hubs on the East and West Coast, Diamond grew her staff from one to a full, professional team specializing in matching skilled talent to jobs they love.
What cybersecurity recruiting quickly taught Diamond is that the current model for recruiting cyber talent was broken too. Working on contingency when filling cyber roles was not practical and difficult to scale based on the 90- to 100-day timeframe it took to fill some roles. If CyberSN could speed up this process, she could make it more profitable, Diamond thought.
“I am used to growing and I wanted to build an army,” said Diamond. “I was willing to invest and take a risk.”
First she started with her connections in the industry. She and her team had more direct access to cyber professionals who are very private and often hard to track down online. Then she took a hard look at the job descriptions companies were writing and realized that needed to be streamlined too.
The most substantial lead the company made was in 2016 when she brought in a team with vast experience in the cybersecurity industry to build a platform that would help CyberSN’s cybersecurity recruiters fill positions faster. The proprietary platform that would eventually be launched to the public as KnowMore gave CyberSN an advantage no other company had—a way to more efficiently match skills and experience with a company’s needs by using a common task-based language.
“That’s when we really changed the game in terms of cost of sale,” said Diamond “We were able to make matches in 30 days instead of 100 days.”
As a woman in the tech industry, she understands the challenges many women face, from hostile work environments to a lack of investment from venture capitalists. For Diamond, diversity is key to addressing these issues. CyberSN is not just about filling jobs, but helping companies to develop women and diverse talent. She also founded Secure Diversity, a nonprofit which aims to empower all genders, and specifically women, to find career opportunities in cybersecurity. As a result, companies come to CyberSN because they know they will have access to a diverse pool of talented cybersecurity professionals.
“The people who come to us really care about getting better at hiring and want to see a more diverse workforce,” said Diamond.
Diamond said she and all of CyberSN are committed to continuing to transform the job searching and matching landscape. Whether it’s finding more efficiencies or creating strategic partnerships, the company plans to grow and build on their reputation for being number one in the industry for identifying and placing diverse cyber professionals.
To learn more about CyberSN and the menu of services they offer for finding, matching, and hiring cybersecurity professionals, contact us today.≥
Friends,
In continuing to share up-to-date information about the state of the cybersecurity job market, I am happy to say our profession is proving to be very, very resilient. Companies are still hiring to fill cybersecurity jobs. Unfortunately, we’ve also recorded cybersecurity layoffs over the last two weeks in industries that were affected by Covid-19.
(If you’d like to read my previous “State of the Cybersecurity” reports you can view the last one here.)
Companies that focus on gig workers, transportation, and hospitality have recently been hit hard and in turn reduced their security teams. We are seeing the layoffs at these companies concentrated in IR, SOC and Corp/IT Security. We are not seeing layoffs at these same firms for product security or application security. From seeing this data, I can’t help but think that while it seems smarter to let go of your hunters vs your product security professionals, how does one even make that decision?
“Cybersecurity threats and privacy risks do not just disappear during the COVID-19 downturn in business. Incidents and breaches will continue,” said Dom Glavach, CyberSN’s Chief Security Officer. “Cyber criminals and adversaries are leveraging all aspects of the pandemic to land and launch attacks, insider threats generally increase with employee reduction actions, and privacy compliance does not have a pandemic waiver.”
The economic reality at these companies and the opportunistic nature of cyber attackers are creating a perfect storm. Business leaders have to find a way to weather the crisis, and that has played out in leaner budgets and layoffs. Right now, this means that cybersecurity professionals are doing more than just cyber operations, and in some cases, layoffs have created disgruntled employees. Worse yet, phishing attacks are up 37 times since January 2020.
Effective cybersecurity is a triad of people, process, and technology, with each dependent on another. Processes will fatigue and technology atrophy will occur without enough people, or the right people, in place. All of this gives the advantage to the attacker.
Besides the risk of employee burnout and increased attacks, cyber layoffs have other risks to consider.
While I share all of this, I also know that capitalism makes these risk decisions unbearable and impossible. I feel for those making these decisions and for those who are affected by them; the good news is for all the talented professionals who are laid off, there are wonderful people looking to hire you. Stay strong. Stay kind. Stay inclusive. Seek to learn always. Love will prevail.
Sincerely,
Deidre
Hi friends,
A new year is upon us and many people have been asking for my insight into the 2019 cybersecurity job market. Unfortunately, talent acquisition and retention statistics did not improve in 2018 and I do not see them improving in 2019. Job searching is broken and our industry lacks succession planning. We will not see these statistics change until these two problems are solved. 2019 will bring significant uptick in the types of roles detailed below. Remember to put agency staffing dollars in your budgets, you will not find these people on your own.
Happy New Year and thanks you for all your love and support,
Deidre Diamond aka The Wise Owl
While demand for top flight cyber talent is hotter than ever, top line recruitment is often hindered by outdated and uninspired compensation planning. Let’s go inside the latest report findings from cybersecurity search firm CyberSN.
-This story was featured on HuntScanlon.com on January 3, 2018 –
Authors: Scott A. Scanlon Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Will Schatz, Managing Editor – Hunt Scanlon Media with contributions from Deidre Diamond, Founder and CEO of CyberSN.com and #brainbabe and Veronica Mollica, VP of Cyber Staffing at CyberSN
In order to protect their companies, and in the bigger picture the nation’s national security, organizations must rethink – and raise – salary caps to hire top flight cybersecurity talent, according to a new report just released by CyberSN, a leading search firm in the field. Heightening the issue is an ever-growing threat of security breaches combined with a dearth of information about compensation for cyber roles, the firm reported in ‘The Cybersecurity Hiring Crisis.’
“What many organizations are failing to realize is that by not investing properly in cyber professionals, they’re sending the message that cybersecurity is not a priority,” said Deidre Diamond, founder and CEO of the international cybersecurity recruitment firm. This creates a retention and attrition problem that nearly eclipses the recruiting challenges faced by many companies seeking cyber talent.
“Organizations must be willing to invest in the critical roles that will keep their organizations up and running as the cyber industry continues to evolve,” said Ms. Diamond. “The best way to do this in a highly competitive market is to offer top compensation and benefits to attract and retain talent.”
As cyber threats change and become more complex, cybersecurity professionals are playing an increasingly vital role in their organizations. Their jobs, once considered optional, are now a mandatory part of ensuring that their companies’ critical data and processes are properly protected. Demand for such positions is at a record high – and keeping recruiters across the field loaded up with business. But talent supply lines have failed to keep up. There is, in fact, a projected workforce gap of 1.8 million cybersecurity positions, said CyberSN citing a recent (ISC)2 report.
For their study, CyberSN gathered information from across 53 organizations and 83 cybersecurity positions. The firm also conducted in-depth interviews with chief information security officers (CIOSs) and hiring managers responsible for recruiting cyber professionals into their organizations.
A Lack of Transparent Data
“Many of those we interviewed echoed a common theme – namely, there’s a gaping lack of security talent,” said Ms. Diamond. And, it is a problem that becomes more pronounced when organizations look to recruit more senior talent. “Now, more than ever,” said the report, “companies are competing against the likes of Netflix, Google and Facebook for high quality candidates.” The lack of transparent data around salaries is simply making it more difficult to compete with them. “In order to recruit more effectively for cybersecurity industry positions, there’s a clear demand for accurate information that includes real-time, market-driven compensation data,” according to the report.
A central issue is that many organizations equate cyber jobs to IT positions when it comes to compensation and benefits. Yet the roles are completely different. “Organizations look at cyber like they look at IT, yet cyber salaries are higher based on supply and demand,” said Veronica Mollica, vice president of cybersecurity staffing for CyberSN.
“Oftentimes, IT doesn’t want cyber making more because it becomes an uncomfortable conversation about why one person is worth more than another.” The result is a round and round discussion and no change in the status quo, she said. “The position can then sit open for six months or more before a search firm is engaged to help,” said Ms. Mollica.
In the end, according to CyberSN’s report, more than 50 percent of the companies polled had to increase their initial salary cap in order to hire cybersecurity talent.
Nor does it help that much of the information that companies use about cyber salaries is inaccurate or out of date. “Salaries change every day and HR leaders have had trouble staying current,” said Ms. Mollica. “We see quite often that cyber leaders don’t feel supported when they sit down to have these salary conversations with HR. It’s not a welcoming environment.”
Salary Matters
Critical cybersecurity roles, meanwhile, go unfilled for too long. Organizations are reluctant to pay more and candidates tend to refuse to switch jobs for lateral compensation, let alone a lesser amount. “What we see happen is a job goes unfilled over a $10,000 difference,” said Ms. Diamond.
The truth is that money very much matters with these in-demand roles. Few companies outside of Google and Amazon can convince prospects to take a smaller salary by offering enticements like stock options, said Ms. Diamond. Most companies have no interest in paying up, but by denying that it’s a candidate’s market businesses are only hurting themselves, she said. “Why would you want to nickel and dime for the best talent?” she asked. “If candidates are interviewing with you, they are interviewing other places too.”
The cybersecurity salary cap issue is the result of both growth and the departure of employees, said Ms. Mollica, but less about what the previous person in a role was earning. “When somebody is in the seat, it’s a lot easier to get the cap raised by looking at similar roles in the organization,” she said, “but the people in the current positions aren’t earning market value. That’s a huge issue because HR sets salary by comparing the role to somebody who is being paid below market. Yet this is security.”
The Value of Breaches
Bad experiences, Ms. Diamond said, will ultimately be the key to change. More intrusions. More money lost. More corporate reputations damaged or destroyed. Sooner or later, businesses will learn that it is more cost effective to take preventive action than to suffer the consequences of a breach or a regulatory fine. “When I think about where we are today, it’s only the breaches that have gotten us the budgets,” she said.
Hunt Scanlon Media recently sat down with Ms. Diamond to talk about the challenges that her firm and its clients face in filling cybersecurity roles.
Deidre, why is recruiting cybersecurity executives so difficult?
Cybersecurity experts are incredibly busy. Not only are their departments frequently understaffed, but their jobs are mission-critical to the success or failure of their organizations. Their roles can often be more similar to that of an emergency first-responder than an IT professional. Because of the fast-paced and high-profile nature of their work, they don’t even have time to spare for recruiters. And that’s an important issue because we have found that HR generalists simply are not equipped to oversee the hiring process for such specialized, in-demand, hard-to-find talent.
“Cybersecurity is no longer just a technology issue. It is a business enabler, and cybersecurity professionals are the key to success.”
How can the search process be improved?
Executives in search of cyber talent need to use specialized cybersecurity staffing agents. Job seekers are looking for companies committed to a cyber budget, who value career growth and share in their cyber passion. Retention is just as important to hiring and if organizations don’t meet these needs, statistics show that cyber professionals will not hesitate to vote with their feet and change jobs.
Why is the cyber function so important?
Cybersecurity is no longer just a technology issue. It is a business enabler, and cybersecurity professionals are the key to success. Companies are depending on their cyber resources to detect, protect, innovate, automate and meet compliance standards. Security breaches have significant impact to a company’s reputation, customer confidence and sometimes unpredictable financial impacts. Companies with great hiring and retention plans attract and retain talented and passionate cyber professionals.
Hence the need to pay up for these professionals?
Yes. Our research and experience show us that companies underestimate what it takes to get the right talent in the door. In our research study, over 80 percent of the companies we looked at had to raise their salary cap in order to make the right hire. HR and staffing resources do not have real time salary data available and so they are often not prepared to pay what it takes to hire talent in this market. One thing we are beginning to see is that many companies are getting more creative with their total compensation packages. Equity, paid benefits, telecommuting, relocation assistance and other perks are often included to make offers more attractive to these highly sought after professionals. Often, that outside-the-box thinking pays off!
Quibbling over dollars leaves jobs unfilled and companies at risk
Originally published on Medium [story no longer exists], this interview was conducted in November 2017 to explore the “CyberSN Research Study: The Cyber Security Hiring Crisis” in more detail. Read on to learn more about our findings on if salary caps threaten national security.
Author – Kacy Zurkus, Freelance Writer
In today’s data-driven world, it seems impossible to imagine that among all the information that’s been collected and aggregated there is no repository with real-time cybersecurity salary data.
Yet, in cybersecurity — one of the fastest growing industries in the world — the compensation data across all positions is unreliable or inaccurate according to recently released research from CyberSN.
Analyzing information across 52 organizations and 83 cybersecurity positions, The Cyber Security Hiring Crisis: A Cyber SN Research Study, reveals that the majority of companies needed to raise their salary caps to hire cyber security talent.
For most companies, though, salary caps aren’t getting lifted and positions remain open because “Current HR practices around salary reviews and adjustments fail to meet industry requirements.”
These research results beg lots of questions, particularly if security is a real concern rather than a checkbox for compliance.
In order to better understand how salary caps can be something that stands in the way of enterprise security, I spoke with CyberSN founder and CEO, Deidre Diamond who offered insightful answers to my questions.
Q: With the growing jobs gap looming over the industry, why is salary caps one of the top issues in recruiting cybersecurity talent?
A: Organizations look at cyber like they look at IT, but cyber salaries are higher based on supply and demand. Often times, IT doesn’t want cyber making more than IT because it becomes an uncomfortable conversation about why one person is worth more than another.
As a result, it becomes this round and round discussion that results in nobody wanting to do anything, so the salary caps remain. The position then sits open for an average of six months while they continue to search for someone to fit within their salary cap.
The reality is that even if the data they are using is a month old, it’s old data. Salaries change every day and HR can’t stay current.
We see quite often that cyber leaders don’t feel supported when they go to have these salary conversations with HR. It’s not a welcoming environment.
Q: So is the issue that the data is unreliable data because it is old, or is the data non-existent?
A: For those people who are using old school bureaus, the data is definitely old. Those reports come out once a year, and a lot of times, security as a role isn’t necessarily in that data. The Department of Labor doesn’t even have cyber as a job listing.
If there is cyber, it is usually one role around information security. But, there are 45 different job categories in cyber, and most security people are doing three jobs in one even though the person is paid based on a title. That isn’t going to work.
The data they are using is not concise, but most often the people in HR think it’s legitimate and helpful. The reality is, the cyber industry is so different from IT and software.
Q: Are the salary caps a recruiting issue depending on job level?
A: It’s across the board. It doesn’t matter. Everybody wants to pay what people are already making, but the candidates aren’t going to take the risk of moving based on a lateral compensation.
We don’t see entry level positions. People don’t hire entry level because they are already understaffed. Among the masses, nobody has the budget to take an entry level person and train them. They don’t want to do it, but how do we bridge the gap?
Only 20% of the marketplace is picking up entry level people to train because the majority can’t afford it.
What we see happen is a job goes unfilled over a $10,000 difference. So often they don’t hire a person because internally companies see raising the cap — even $10,000-as a bad move.
Changes to the Equal Pay Act are going to change all of this. We can’t ask for information about somebody’s base salary. So, will people then be guessing at the offers? Right now they start with base salary and go from there, but the EPA changes are going to create more churn.
Q: What are some creative tactics companies are using to make the full compensation package more attractive?
A: Total compensation absolutely matters, and it is a part of the entire conversation. But who wants to take less money? In our four years of being in business, we have only see two people take a lesser salary for an opportunity.
Most people won’t even move for lateral compensation. Very few companies can pull off a lesser salary by offering a better total compensation package. If you are Google or Amazon, you can maybe get away with replacing the base salary with stock options, but people aren’t leaving because of money.
So why would you want to nickel and dime? If they are interviewing with you, they are interviewing other places too. Put your best offer out there because you don’t want to end up in a place where they didn’t take the position and you could’ve done more.
Q: Are the salary caps the result of growth or is it that people are leaving? If it’s turnover, is the salary capped at what the previous person was earning?
A: It’s 50/50 replacement and growth, but less about what the person was previously making. When somebody is in the seat, it’s a lot easier to get the cap raised by looking at similar roles in the organization, but the people in the current positions aren’t earning market value.
That’s a huge issue because HR gets sets salary by comparing the role to somebody who is being paid below market. Yet this is security.
Q: Are salary caps an issue across all sectors? Which silos are willing to raise the caps in order to hire talent?
A: We offer sales staffing for security companies, and the issue is the exact opposite. You never run into this issue of salary. For most cyber roles, it’s six months before they decide to outsource. In sales, it’s day one. Companies don’t care about security, they care about revenue.
Yet, the number one reason people want to leave is because the company doesn’t really care about security. What’s heartbreaking in that these people are problem solvers — protectors who really understand how everything works, but they are under utilized which makes the job satisfaction minimal.
The best salaries come from software companies, particularly for positions in sales and anything to do with the customer success process. Then consulting firms — managed service providers. Anyone that’s closest to revenue.
Q: Companies are starting to invest in cybersecurity insurance. Looking at the reasons we have talked about, why do they need to raise caps if they can get away with security as a check box and buy insurance coverage?
A: As a CEO, I can answer that for myself. When we talk about these insurance companies, we don’t know the future of what the policies will look like. The reality is that no breach costs the same for any one company. There’s so much that is unknown. Policies are going to be basic, so it really Isn’t a way to avoid investing in security.
It comes down to the question, “How much risk are people willing to take?” I’m seeing that people’s risk tolerance is still pretty high.
Q: What will be the impetus for change?
A: More breaches. When I think about where we are at today, it’s only the breaches that have gotten us the budgets. More and more people need to feel the pain through breaches or penalties, and we are seeing more regulations coming out.
It’s highly unfair that according to the PCI standards, companies can be fined by the bank for not securing customer data, but how about Equifax getting my personal information stolen? There’s no consequence.
PCI was the first time we saw fines and that’s when we saw changes, then HIPAA. When we see regulations that fine people, we start to see cyber budgets.
The Equifax breach had no consequences, but the laws are now being put in place.
Companies that are not investing in recruiting and retaining for cyber security jobs will pay with a breach.
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