Cybersecurity skills gap and boardroom blindness invite hacker havoc


It was interesting to read the Ipsos report on Cyber Security Skills in the UK Labor Market 2023, which highlighted the ongoing frustrations and challenges in recruiting, training, and retaining staff across all cybersecurity domains. Some enlightening findings were:
Approximately 739,000 businesses (50% surveyed) need to fill in basic skills. That is, the people in charge of cyber security in those businesses lack the confidence to carry out the kinds of basic tasks laid out in the government-endorsed Cyber Essentials scheme, and are not getting support from external cyber security providers.
Approximately 487,000 businesses (33% surveyed) have more advanced skills gaps, most commonly in forensic analysis of breaches, security architecture, interpreting malicious code and penetration testing. 41% have an internal skills gap when it comes to incident response and recovery, and do not have this aspect of cyber security resourced externally.
Head of Incident Response and Threat Intelligence at Quorum Cyber.
Lack of incident response
Most alarming was the report uncovering a lack of incident response skills; this is unacceptable when hacking is now a paid career. The net result is a growing demand for trained cybersecurity professionals, and we need to prioritize education and training programs to fill these gaps. In addition, these shortcomings extend to senior managers and board-level executives who need to understand the steps to take to manage an incident. While it is encouraging to see that boards are increasingly understanding cyber risks; clearly, more needs to be done to help educate senior management on their involvement during an incident. Cyber incidents have always required a business response rather than just a technical response. The senior and board-level actions can be as simple as:
- Make sure to report the incident
- Inform your cyber insurance provider immediately
- Don’t go it alone; always seek outside assistance
- Appoint a Cyber Incident Owner to oversee the response process
- Keep an action and decision log
- Focus on containment
- Listen to advice and best practices; you’re not the first to be breached
- Be patient; addressing cyber crimes is a process
- Help authorities and regulators as much as possible with documentation
- Be concerned about reputation management and control the narrative.
Cyber attacks are a business
IT departments must translate cyber risk into operational and business risks so that there is comprehension at the board level. Board members understand business and—cybercrime is a well-organized business. IT individuals need to explain that the cyber-criminal world has evolved into an ecosystem made up of three different types of groups:
The access broker focuses on finding organizations with vulnerabilities, compromising networks, and probing for the easiest way into them— to sell this as a package to other groups.
The developers build the ransomware-as-a-service (RaaS) tools to hire out.
After purchasing the access information and hiring the RaaS tools, a third group will move into the network, steal or encrypt data, execute the ransomware payload, and make the ransom demand.
In short, it’s become an industry. Groups have taken on different specialist roles, splitting the profits depending on their skill sets and the risks involved in completing their part of the deal. This business model makes it harder for researchers to identify which cybercriminal gangs were involved in each cybercrime.
An ounce of prevention
One of the most effective methods of knowledge transfer is to put senior-level managers through the experience of a simulated cyber incident to educate them on roles and responsibilities when an attack occurs. Table Top Incident Response exercises are an excellent way to ensure that plans, playbooks, and teams are thoroughly tested. By working closely with senior-level management, IT can help them learn lessons from each exercise to prepare them for any eventuality. This knowledge transfer includes not just input from in-house legal, finance, and other business leads and external domain experts but also quickly setting the direction and prioritizing the many demands that will be placed on the team and driving a no-blame, no-fear culture.
Over the past 15 years, I have worked with the boards of many organizations that have fallen victim to devastating incidents. I have seen first-hand the positive impact of effective leadership and direct board involvement on successfully navigating through an attack. While we’re all trying to work out how we attract and train the new top talent in our industry, we can help ourselves by working with our senior leadership to educate them on their role in positively influencing the outcome of an attack.
We’ve featured the best business VPN.
This article was produced as part of TechRadarPro’s Expert Insights channel where we feature the best and brightest minds in the technology industry today. The views expressed here are those of the author and are not necessarily those of TechRadarPro or Future plc. If you are interested in contributing find out more here: https://www.techradar.com/news/submit-your-story-to-techradar-pro
It was interesting to read the Ipsos report on Cyber Security Skills in the UK Labor Market 2023, which highlighted the ongoing frustrations and challenges in recruiting, training, and retaining staff across all cybersecurity domains. Some enlightening findings were: Approximately 739,000 businesses (50% surveyed) need to fill in basic skills.…
Recent Posts
- Nvidia confirms ‘rare’ RTX 5090 and 5070 Ti manufacturing issue
- I used NoteBookLM to help with productivity – here’s 5 top tips to get the most from Google’s AI audio tool
- Reddit is experiencing outages again
- OpenAI confirms 400 million weekly ChatGPT users – here’s 5 great ways to use the world’s most popular AI chatbot
- Elon Musk’s AI said he and Trump deserve the death penalty
Archives
- February 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- September 2018
- October 2017
- December 2011
- August 2010