Cyber-crime is becoming more common as more businesses embrace digitalisation and store sensitive information. Check Point Research reports that cyber-security attacks in Singapore have increased by 145% over the past year, according to Check Point Research. Each week, an average of 1,123 organizations were attacked. 65% of these organisations were affected by ransomware attacks. The ransom was now $11.6 million.
There Are Many Career Opportunities
Career opportunities in cyber security in Singapore are growing rapidly. Cyber skills are in high demand due to the shift to cloud-based applications, the continuing trend of remote work, and the emergence of digital banks. Many banks are now hiring more cyber professionals and offering high salaries. As more banks turn to digital solutions, cybersecurity has become a high priority.
The IT industry in Singapore continues to grow and is not expected slow down. Companies across the country are always looking for ambitious and talented recruits. From large tech firms to small potential start-ups, there is a wide variety of job opportunities in this field. As a result, the job market in Singapore is among the best in the world for cyber security professionals.
The high salary is one of the most important considerations when choosing a career as a cybersecurity professional. At the moment, cybersecurity professionals in Singapore make an average salary of SGD 69,000 annually. This number is expected to rise significantly in the coming years. A person with 5 years of experience can command up to S$120k.
Singapore’s government has developed a Cybersecurity Skills Framework that provides guidance for individuals in matching their skills with the industry’s demands. In addition to the national framework, cybersecurity employers also require candidates to possess a number of specific skills. These skills include knowledge of cybersecurity principles, programming and development, and digital forensic investigation.
Cybersecurity professionals need to be detail-oriented and vigilant. They must be able to quickly identify security issues and communicate them to others. They must also have excellent interpersonal skills as well as technical expertise. They can choose to specialize depending on their experience.
Cyber-security jobs in Singapore often require certification or advanced education. While fresh graduates with computer science or information technology degrees can find entry-level positions at cyber-security companies, employers are increasingly seeking candidates with more comprehensive knowledge and practical experience. To stay on top of the latest technologies, it is important that you obtain advanced IT certifications. Additionally, those who are considering a career change should consider taking a foundational IT course to sharpen their skills and enhance their chances of landing a job in the field.
Cyber security professionals in Singapore typically earn a high salary based on their experience. The median salary for IT security professionals is $9,560 SGD per month. This is based upon a survey of Singapore employers. The salary ranges from $79,191 for entry-level positions to $139,500 for senior-level positions. The median salary for this role has increased 16 percent in the last five years.
The demand for cyber security professionals in Singapore is growing rapidly. This demand is driven by several factors. As banks move towards automation, they need more security experts. With the shift to cloud-based systems, this demand is expected to continue growing. Remote work is also on the rise.
The salary range for a cybersecurity professional in Singapore depends on one’s experience and education. College degrees help, but the field is not limited to academic qualifications. Depending on the level of experience, a cyber security specialist can earn a salary that exceeds $225,000.
Singapore is one of the most secure economies in the world and is committed to protecting its digital infrastructure. This is done through the creation of an independent cyber security agency. Its mission is to detect, prevent and respond to security incidents that occur on the Internet. In addition, it also fosters effective IT security practices throughout the nation. It also oversees the administration and enforcement of the Information Technology Amendment Act 2008. This is a critical cybersecurity law.
The Singapore government is committed to a rules-based multilateral order. As a result, it actively participates in cyber-security discussions at the United Nations. It is a member of Open-Ended Working Group on Information and Telecommunications and co-chairs UN Group of Friends on E-Governance and Digital Technologies. It is also a signatory of the Paris Call for Trust which aims at protecting sensitive data.
ISACA also has partnered with the Cyber Security Agency of Singapore (CSA). Through this partnership, ISACA develops training programs, assessment tools, and certification. The collaboration between the two organizations is expected to last three years.