New Fortinet research reveals escalating cyber risks due to the ongoing talent shortage while the number of organizations experiencing five or more breaches jumped by 48%
John Maddison, EVP of Products and CMO at Fortinet
“The cybersecurity talent shortage is one of the top challenges putting organizations at risk, as clearly demonstrated by the results of the latest Global Cybersecurity Skills Gap Report from Fortinet.
In today’s climate, organizations must choose products that introduce automation to offload overworked teams while continuing to focus on upskilling and cybersecurity training.”
Edwin Lim, Country Director of Indonesia, Fortinet
In Indonesia, the need to recognize cybersecurity as a board-level concern has become increasingly urgent. Over 66% of Indonesian organizations have reported cyber breaches in the past year, incurring costs of more than USD 1 million for remediation.
In response to this trend, Indonesian boards are prioritizing the hiring of IT security personnel, with 87% advocating for their inclusion in their organizations.
To bolster the country’s cybersecurity posture and address the skills gap, the National Cyber and Crypto Agency (BSSN) has updated the National Cyber Security Strategy Concept as a crucial component of national security in response to technological advancements.
Fortinet, as a leading cybersecurity solutions provider, is committed to collaborating closely with the BSSN and other governmental organizations to enhance Indonesia’s cybersecurity resilience.
Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today released its 2023 Global Cybersecurity Skills Gap Report, which reveals ongoing challenges related to the cybersecurity skills shortage affecting organizations worldwide. Key findings from the global report include:
- The cybersecurity skills shortage has contributed to critical IT positions not being filled, which increases organizations’ cyber risks, such as breaches.
- Cybersecurity remains a priority for boards of directors and there is executive demand for increased IT security headcount.
- Technology-focused certifications are highly regarded by employers, serving as validation of skill sets.
- Organizations recognize the advantage of recruiting and retaining diverse talent to help address the skills shortage, but doing so has presented a challenge.
The Costly Reality of the Increasing Cybersecurity Skills Gap
An estimated 3.4 million professionals are needed to fill the global cybersecurity workforce gap. At the same time, the 2023 Global Cybersecurity Skills Gap Report found that the number of Indonesian organizations experiencing five or more breaches increased to 48%. from 2021 to 2022. This was a lower decrease as compared to the global organizations (53%).
One repercussion of this is that many short-staffed cybersecurity teams are burdened and strained as they try to keep up with thousands of daily threat alerts and attempt to manage disparate solutions to properly protect their organization’s devices and data.