Cybersecurity and Risk Management (VA 2024 CRM WDE 134)

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What is Cybersecurity?

Cybersecurity is the practice of protecting systems, networks, and data from digital attacks. Cybersecurity professionals are responsible for:

• Identifying and addressing security vulnerabilities,

• Implementing firewalls, encryption, and access controls,

• Monitoring networks for suspicious activity,

• Responding to cyber incidents and breaches,

• Ensuring compliance with security standards and regulations.

Cybersecurity specialists work across industries like finance, healthcare, government, e-commerce, and technology, where data privacy and system integrity are critical.

What is Risk Management?

Risk Management in IT involves identifying, assessing, and mitigating potential threats to an organization’s digital assets. Risk Managers:

• Analyze possible cybersecurity threats and business impacts,

• Develop strategies to reduce or transfer risks,

• Create policies and controls to strengthen security posture,

• Ensure business continuity through disaster recovery and incident response planning,

• Maintain compliance with legal and regulatory frameworks.

Risk Management is essential in aligning cybersecurity efforts with overall business goals, ensuring a proactive, strategic defense against threats.

Job Growth in the USA

Cybersecurity & Risk Management Roles

• Projected job growth: 32% from 2023 to 2033, among the fastest-growing in the U.S.

• Over 160,000 job openings annually across cybersecurity, compliance, and risk roles.

• Rising demand in sectors like banking, healthcare, education, energy, and public services due to increasing cyber threats.

• Roles such as Cybersecurity Analyst, Risk Manager, Information Security Officer, and Compliance Specialist are in high demand.

• Cybersecurity consistently ranks as one of the top-paying and most secure career paths in tech.