June 22, 2015 – June 22, 2015 (Greenwich, Connecticut) – Hunt Scanlon Media issued a recruitment alert today on the rise in demand for cyber security C-level talent. Executive recruiters are reporting to Hunt Scanlon that high profile data breaches at well-known companies have induced demand for these cyber security experts from every industry sector. According to Hunt Scanlon, this rise in demand comes at a time when IT security executives are being elevated to the C-suite. “This convergence is a highly visible response to what is now seen as a highly visible issue,” said Scott A. Scanlon, founding chairman and CEO of Hunt Scanlon.
“Competition for cyber security experts is tighter than ever.” Mr. Scanlon said that a number of well-known companies are reeling from recent ruptures in their digital security. Among them: JPMorgan Chase, Anthem, eBay, Home Depot, Sony, and Staples.
“Security breaches are now seen as a C-level problem,” reports Hunt Scanlon.
Bringing digital expertise to the highest levels of management is now a strategic imperative, reports Hunt Scanlon. Among the recruiting firms that see this as a business imperative: Russell Reynolds Associates, Egon Zehnder, Korn Ferry, Heidrick & Struggles and Spencer Stuart. A number of boutique search specialists, including Alta Associates, 680 Partners, ZRG Partners, The Lenzer Group, SI Placement, The Buller Group, LH International, B.E. Smith and L.J. Kushner & Associates have also joined the hunt for cyber security leaders.
Hunt Scanlon says that recruiters are searching for collaborative leaders who bring a proven track record of developing strategic IT risk management plans. Most in demand are chief information security officers (CISO), directors of information security, chief technology officers and heads of IT.
“Every industry sector is in need of these top-flight security professionals,” said Mr. Scanlon. “I can’t think of a single exception today in light of the corporate security breaches that are mounting.” Hunt Scanlon said these industries in particular have proven to be most vulnerable: banking, hedge funds, healthcare, insurance, entertainment, utilities, retail, manufacturing, pharmaceuticals and governmental concerns. Companies within these sectors have come calling to search firms as their needs for security, data and risk experts have intensified this year.
“All of these sectors now recognize that information security is the ultimate competitive advantage,” said Mr. Scanlon, who noted that ‘high demand and a short talent supply’ is leading to a ‘bidding war for talent’ throughout the security sector.
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