"Every day we are seeing seats go unfilled due to the shortage and we must rectify this. We as an industry need to do more to cultivate and encourage development of the right security skill sets for tomorrow's workforce."
The shortage does mean it's a great time to be a cyber security professional. The report - which questioned private and public sector IT leaders in Australia, France, Germany, Israel, Japan, Mexico, the UK and US - noted that the demand had driven up salaries, highlighting US data that shows cyber security positions pay almost 10 per cent more than other IT jobs.
"We are seeing first-hand the effects this is having in terms of recruitment with the competition for experienced professionals driving up salaries, making it harder for employers to retain staff and often necessitating a greater emphasis and reliance on overseas candidates to fill skill gaps," explained Sydney-based security recruiter Skye Kirkby-Gray.
Globally 76 per cent of respondents said their governments are not investing enough in programs to help cultivate cyber security talent and believe laws and regulations for cyber security in their country are inadequate.
In Australia, however, nearly 80 per cent of respondents felt laws were effective, and 68 per cent believed them to be the 'right level of strictness'.
In April the government launched its $230m Cyber Security Strategy with 33 initiatives aimed at improving defences and creating a 'cyber smart nation'.
Australian IT leaders surveyed believed the country was well informed on the issue of data privacy and data security.
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