As the global economy teeters on the brink of recession due to the ongoing COVID-19 pandemic, businesses are faced with tough decisions about where to allocate their resources. But one area that should not be overlooked during tough economic times is cybersecurity.
Cybersecurity is the practice of protecting systems, networks, and data from digital attacks. With the increasing reliance on technology and the rise of remote work due to the pandemic, the need for strong cybersecurity measures has never been more critical. However, some may question whether cybersecurity is truly recession-proof.
In reality, cybersecurity is not immune to the effects of a recession. Budget cuts and layoffs may lead some companies to trim their cybersecurity budgets or prioritize other areas of their business. This can leave organizations vulnerable to cyber attacks and data breaches, which can have devastating consequences both financially and reputationally.
During a recession, cybercriminals may also become more sophisticated in their tactics as they look to take advantage of businesses that may be more vulnerable. This makes investing in cybersecurity even more important during tough economic times.
Companies that prioritize cybersecurity during a recession can actually come out stronger in the long run. By investing in robust cybersecurity measures, organizations can protect their sensitive data, maintain the trust of their customers, and avoid costly breaches that could set them back even further.
There are also ways to optimize cybersecurity spending during a recession. Companies can prioritize the most critical assets and systems, implement cost-effective solutions, and leverage outsourced services to supplement their internal teams.
In conclusion, while cybersecurity may not be completely recession-proof, it is a critical investment that businesses cannot afford to overlook during tough economic times. By prioritizing cybersecurity, organizations can protect themselves from digital threats and emerge stronger and more resilient in the face of an uncertain economic landscape.
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Let them get hacked and see how fast they need security. The one thing that is constant is that once companies get hacked, they scramble to find people but by then it’s too late.
unrelated but damn that's a big monitor
The nice thing about cybersecurity is that it has regulatory and commercial pressure. The number of regulatory requirements at the state and federal level that require formal security reviews on a regular timetable are only increasing. Additionally, many businesses, institutions, and organizations may be required to carry cyber insurance which places its own requirements on those organizations in order to get and then maintain that insurance going forward. Health care, financial institutions, government agencies, etc… basically anywhere that requires audits to show regulatory compliance and those outside companies that provide help with the auditing on those industries are good places to be looking right now.
His videos are useless… all he says is I am not sure.. maybe type or words
What is a good ERD cert I should research?
boi when did you grow up
Yeah, of course likewise, my personal experience (Philadelphia, PA)….
I've been following the industry like a hawk, Tech News Articles/Blogs, Big Pages on LinkedIn, etc… And it looks like in general, numbers are dramatically low/reduced in almost every arena/industry.
I don't say that to demotivate (trust me, I'm equally demoralized) but to set expectations that landing an Entry Cyber role is quite possibly the MOST competitive it has ever been and that getting hired will not be easily nor common.
There doesn't appear to be very many entry roles in general, almost all roles are looking for more mid-level and senior experience professionals. Now I STILL see some people getting hired as entries and for entry positions I'm just sharing the perspective that "It's harder and going to take longer than you might have initially expected".
It is almost like "Job Inflation" so to speak. The skill ceiling and barrier to entry is HIGHER than before for the SAME job role. And of course because the # of supply of applicants, that UPS the competitive skill gap exponentially because "how do you compete if we are all fighting for the same entry position"? Well of course get more certs, degrees, and showcase your work/projects more than the next person.
definitely felt like a pointless video.
bubble…. its the world GC
Its dark for us Network Engineers too..
Our jobs are secure. No AI can prevent dumb co workers clicking phishing links they shouldnt
Man, that beard…
that was a funny video, thanks man!
Agreed that it's not your best communication of the topic at hand, but valid points nonetheless. As someone who has repeatedly been told about this "skills gap" and "major supply shortage in cybersecurity professionals": obtaining the certifications, months away from my BS in Cyber, and continually broadening and deepening my skillset … the job search has been brutal. If you currently have a job in cybersecurity, hold onto it! I'm right back at the first position of "needing to gain more experience" so that I can "display that I have the experience" in order to the perform in the role that I've developed the skills for. There's a complete run-around in the effort vs reward at this point and calling it disheartening is a massive understatement.
i follow r/cybersecurity daily….. its sad to see peoplel struggling to get a job. even ones who were laid off.
The cyber industry is a load of crap. Too many inexperienced career changers at entry level off of mis-sold hype, whereas experienced people like me are bored and have had enough. This is not solving any kind of "skills shortage" and meanwhile companies are paying people FAR too much, then the fat trimming starts and these people get laid off.
Most of cyber is a job for the sake of a job, money for old rope. It's so dumb and it's eventually going to implode.
What KVM switch do you use? I have two monitors (one with DP port) and two computers (one PC and another is a MacBook). Looking for a good inexpensive one.
As the world turns more and more digital, Security professionals may still thrive in the long run. Stay focused, stay curious, stay active.
Fortune 500 corps, especially those with global footprints, need cybersecurity to avoid disastrous revenue & shareholder value impact from major breaches. The farther you go down the scale to medium and small businesses, the harder a breach will hit and the greater the risk it will sink the business. Plenty of work in cybersecurity.
Hey grant, i recently got a small intership that i need to do so i can complete my university, and i'm working a lot with programming, and i feel that programming isn't for me after a few weeks working on it, i want to pursue cybersecurity, but i wanted to know if there is any jobs/roles that u would recommend in cyber that don't involves much programming. Thank you, and keep it up the good content! much love
I am with Haker
Bro
I'm definitely dealing with hiring freezes and tight budgets here in Australia – Hoping it's temporary.
Time to put on your black hat and make a couple million and wait for the recession to cool off. Then back to white hat
Dude what do you think about Java for cybersecurity field ? I like programming but i'm also an enthusiast of cybersecurity and i don't want to switch to python. Greetings from Brazil
A recession for cyber professionals… means a boom for cyber criminals?
Sir, i love you sir. Please sir, i love your course it has helped me sir, you are great sir
hiring is picking up for experienced folks. Keep studying and don't give up.
stop clickbaiting
Thank you Grant, very informational
In order to make yourself more recession proof, you need to at least have general skills and knowledge so that you can wear multiple hats. The people who are highly specialized are much easier to cut when you need to "do more with less." For early career professionals, you better have some fundamental IT skills so that you can do something like system administration too. Typically, more seasoned Cyber Security professionals are going to have the core Cyber skills and some IT skills but what can get them in trouble is their high salary if a company is trying to cut costs.
Recessions tend to impact industries differently because each time that they happen, the world is a different place. Of course the closer that a particular industry is to providing life necessities, the less likely it will be impacted or at least it will be one of the last impacted. In the government they have something called sequestration, which is effectively the cutting of funds or budget and is their form of a recession although it isn't necessarily driven by the economy like a market recession. I remember when one happened in 2013 and there has already been an announcement of one coming in 2024 ( https://www.whitehouse.gov/briefing-room/presidential-actions/2023/03/13/sequestration-order-for-fiscal-year-2024-pursuant-to-section-251a-of-the-balanced-budget-and-emergency-deficit-control-act-as-amended/ ) although at least by that announcement, it is unclear who will be impacted. It probably isn't super likely to impact cyber since it is one of the government's top priorities but you never know.
do you regret getting into cyber ?
Blackhat is the way
learned web3 sec for 3 months – 0$; Started using GPT4 and to build python scripts (zero python knowlage) for people and small business, like web scrapers and other basic tools to automate tasks – 400usd in 3 weeks.
Even if what you are highlighting is true (considering also the time we are living, for the ppl reading this in the future: putin sucks), there could be positive things too. I can confirm there is a recession especially for junior positions, but it is also true that companies are cutting infosec teams budget. This could mean that in the next months when the situation goes back to normal it's likely that the software development went on without caring too much about security. That will be the moment in which companies realize they mess up w/ security and it's likely they will look for a lot of security ppl.