Australian Government Announced Investment of USD1.46 Million to Improve Cybersecurity Skills
The
investment will be made at university level to reduce the skill shortage gap in
cyber security domain.
Australia: The Australian government announced the
investment of USD$1.46 million to
universities that specialise in cybersecurity training, in a bid to improve the
skills shortage situation in cyber security-related domain. The program will
enable the universities to be recognised as Academic Centres of Cyber Security.
ACCSE
(Academic Centres of Cyber Security Excellence) program will provide
recognition to Australian universities which showcase high level cyber security
education, training competencies and research capability. The program
facilitates provision of cyber security specific qualifications and also
provides flexibility for students to study cyber security as part of their
curriculum in a range of various disciplines (Schools of Business, Legal,
Teaching, Marketing, Engineering, Social studies and others).
TechSci Research depicts that with the
governments initiatives taking part in improving cyber security, the major
focus would be on developing professional and technical skills in the field of
cyber security. This will play a catalytic role in the growth of cyber security
market globally. Moreover, with the advancement in the technology, cyber
security domain is going to witness a broader horizon.
According to a
recently published report by TechSci
Research, “Global
Cyber Security Market By
Security Type, By Solutions, By End Use Industry, By Region, Competition
Forecast and Opportunities, 2011-2021”, global market for cyber security is
projected to surpass US$ 137 billion by 2021. Growing trend of Bring Your Own
Device (BYOD), rising adoption of cloud computing, expanding market for
Internet of Things (IoT) are expected to continue driving the cyber security
market across the globe over the next five years. Though the global cyber
security market is highly fragmented, Symantec Corporation emerged as the
largest player in 2015, followed by BAE Systems PLC, Intel Corporation and
Cisco Systems. Banking, Financial Services and Insurance (BFSI); IT &
Telecom; defense; energy & power; retail; and healthcare have emerged as
the key application areas where cyber security solutions are being increasingly
adopted.