TECHNOLOGY
There are a projected 3.5 million cybersecurity jobs to be filled globally in 2025, with a 350% increase in demand for people with cybersecurity skills over an eight-year period.
Microsoft is initiating new partnerships under its Ready4Cybersecurity program in Asia to improve access to cybersecurity skills and careers for the historically and systemically underrepresented with a focus on young women. Into its second year, Ready4Cybersecurity is committing to skill and certify 100,000 young women and underrepresented youths in cybersecurity by 2025, enhancing opportunities for employment in cybersecurity, filling the talent gap, and building a diverse cybersecurity workforce.
According to Microsoft's Digital Defense Report, the volume of password attacks has risen to an estimated 921 attacks every second in 2022 – a 74% increase in just one year. Cyberattacks often have devastating impacts – the average cost of a cyber breach has reached $4.35 million. This has led to an increased demand for skilled cybersecurity professionals in the region.
To bridge the talent and skills divide, Microsoft's Ready4Cybersecurity program, which is part of its global Cybersecurity Skilling Initiative, is specifically designed and curated to create alternative pathways to empower underrepresented youths that aspire to enter the cybersecurity industry.
There are a projected 3.5 million cybersecurity jobs to be filled globally in 2025, with a 350% increase in demand for people with cybersecurity skills over an eight-year period.
Specifically, the opportunity for women to work in cybersecurity is huge, given that women make up only 25% of the cybersecurity workforce globally. Through public-private partnerships, Ready4Cybersecurity will provide access to industry-recognized cybersecurity foundational and intermediate skills and certification to traditionally excluded populations to help them qualify for open roles – with 75% of individuals trained to be women.
Since the launch of the Ready4Cybersecurity campaign in 2022, Microsoft has trained over 19,800 individuals from underserved communities, providing up to 18,300 cyberskilling initiatives. In the second year of the campaign, Microsoft will continue to work with its partners to skill and certify young women and underrepresented youths in cybersecurity to drive positive impact.
Microsoft has partnered with non-profits who are in direct contact with the underserved communities, empowering non-profits to directly skill identified segments of the underserved populations, particularly young girls and women. A key strategy to address the cybersecurity gap will be to equip educational institutions to effectively teach cybersecurity to the next generation of talent and inspire them to become defenders against cyber threats.
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