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Cybersecurity in power theme analysis

akhilesh22 Sep 2022 Web Development

The power sector is among the most critical infrastructure worldwide. It is crucial for power suppliers to ensure that every stage of its supply chain is secured, and effective cybersecurity regulations are put in place to safeguard powerplants from cyberattacks. Any breach to powerplant cybersecurity can cost the company and communities dearly. For instance, the Colonial Pipeline ransomware attack in the United States, carried out by DarkSide, which was immensely costly to both consumers and the Colonial Pipeline Company.

Europe was the fastest growing region for cybersecurity hiring among power industry companies in the three months ending September.

The number of roles in Europe made up 34.5 per cent of total cybersecurity jobs – up from 25.5 per cent in the same quarter last year.

That was followed by North America, which saw a 2.3 year-on-year percentage point change in cybersecurity roles.

The figures are compiled by GlobalData, who track the number of new job postings from key companies in various sectors over time. Using textual analysis, these job advertisements are then classified thematically.

GlobalData's thematic approach to sector activity seeks to group key company information by topic to see which companies are best placed to weather the disruptions coming to their industries.

These key themes, which include cybersecurity, are chosen to cover "any issue that keeps a CEO awake at night".

By tracking them across job advertisements it allows us to see which companies are leading the way on specific issues and which are dragging their heels - and importantly where the market is expanding and contracting.

The fastest growing country was Poland, which saw 4.5 per cent of all cybersecurity job adverts in the three months ending June last year, increasing to 10.3 per cent in the three months ending September this year.

That was followed by the United Kingdom (up 2.2 percentage points), the United States (up 1.8), and Switzerland (up 1.5).

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