Cyber Threat Intelligence (CTI) is expanding from the public sector to the private sector, becoming one of the fastest growing cybersecurity markets, according to new research.
The Cyber Threat Intelligence, UK Employment Market Report 2020, from cybersecurity recruitment consultancy Trident Search, notes that CTI played a key role in the public sector for many years, but its current growth has caused a shortage of experienced CTI professionals. This is not only driving up salaries but also forcing end-user companies, consultancies and vendors to recruit from more diverse backgrounds with less clearly defined entry points.
The report is based on a detailed survey of CTI professionals working across the public and private sectors. It shows that more than 23 percent of respondents command a salary of £110,000 or more, while 37 percent of employees in the industry are at analyst level, with a median salary of £47,500.
End-user companies appear to have the most experienced teams in terms of years, with more than 37 percent on the highest salaries, compared to 20 percent in vendors and 18.6 percent in consultancies.
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Those responsible for filling CTI positions are increasingly looking at attracting candidates from more diverse backgrounds – in particular, ex-military, law enforcement and education as well as IT professionals looking to cross-over into CTI. The survey found that 48 percent of CTI professionals in end-user organisations were ex-Armed Forces.
“CTI was previously seen as a luxury within the IT security departments of many organisations and was often not factored into cybersecurity strategies and defence measures,” said Josh Keeley, founder and managing director of Trident Search.
Keeley, himself an ex-Royal Marine, added: “However, we have very rapidly seen CTI become a core part of mature IT security teams within organisations, which is driving the demand. The good news is that those already working in CTI show high levels of satisfaction and most say they have no plans to move away from the industry anytime soon.”