Global technology major IBM has said there is a massive shortage of cyber security professionals in the country, urging young graduates to look this segment, which is a high-margin segment for companies, as a lucrative career option.
The company, which looks at India both as a market as well as a talent pool to serve the global markets on cyber security, said a whopping 3 million cyber security professionals are required in the country but the supply is not even 100,000 now, Kartik Shahahni, integrated security leader for IBM India and South Asia, told PTI.
"Can I find people, yes I can. But can I find enough number of people? There is obviously an opportunity for more number of people than we actually have now," Ananda K Vaideeswaran, director and global integrated leader, chipped in saying.
Shahahni explained that security solutions currently contributes in "double-digit percentages" to IBM India's revenue at present, whereas its share of the total staff is much smaller.
Stating that the cyber security professionals are "more productive" as it is a margin accretive vertical, he said, "the amount of revenue a security professional can bring to us is far higher than the amount of revenue a non-security professional can."
The comments come amid rising concerns about the information technology sector from a workforce intake perspective. As more and more tasks get automated with the advent of newer technologies such as artificial intelligence and machine learning, fewer number of people are required by the $160-billion domestic IT sector to do the same work compared to the past when the industry was one of the leading job creators absorbing millions annually.
The IBM executives declined to give a clear answer whether cyber security can emerge as a much-needed succour from an employability perspective but explained that different skill sets and approaches are required for grabbing such jobs.
Vaideeswaran said there is a need for changes from the school and graduation level to the post-graduate level, which will help the industry get the right kind of people.
For those who do look at cyber security, there is a need to look beyond ethical hacking, he said, adding this branch represents only 5 per cent of the security needs.
"Not enough youngsters look at cyber security as a job opportunity. That is probably an area where we can do a lot as an industry," he said.
He said IBM has been working with universities and tech schools to get the necessary manpower for its the business, and also works with the Data Security Council of India and industry lobby Nasscom on the same front.
IBM India has tied up with Mody University of Science & Technology, Rajasthan, Dehradun Institute of Technology, Chandigarh University and Geethanjali College of Engineering & Technology, Hyderabad amongst others, a company spokesperson said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)