Companies invest more than $100,000 annually to upskill their cybersecurity teams

More than 70% of companies pay more than $100,000 annually for additional training to keep their cybersecurity employees’ skills up to date, a recent Kaspersky study found. However, surveyed companies also highlighted the lack of relevant courses covering new and challenging areas in the education market and said that training does not always deliver the expected results.

In a recent study, Portraits of Modern Information Security Professionals, Kaspersky Lab investigated the topic of the global cybersecurity talent shortage, analyzed the exact reasons why companies lack cybersecurity professionals, and analyzed the We identified ways to evaluate and upskill security talent.

Research shows that companies are investing heavily in upskilling their cybersecurity teams. 43% of organizations say they typically spend $100,000 to $200,000 annually on information security courses, and 31% invest more than $200,000 in training programs. The remaining 26% say they typically pay less than $100,000 for their education initiatives.

However, cybersecurity experts in the META region also point out that the education market is struggling to keep up with a rapidly changing industry and is unable to deliver needed training programs on time. The survey shows that the lack of courses covering new and challenging areas (48%) was the main problem for those looking for cybersecurity he training.

Also, 50% of respondents said that trainees tend to forget what they have learned because they do not have the opportunity to apply their newly acquired knowledge, and therefore the course is not useful to them. The need for special training prerequisites, such as coding or advanced mathematics, that were not specified at the pre-registration stage was also an issue for 37% of practitioners.

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