According to a new report from Wavestone, large organizations have significantly increased their cybersecurity staff in 2024.

The firm found that, on average, companies with more than $1 billion in revenue have one security for every 1,086 employees. In 2023, those same organizations had one cybersecurity professional for every 1,285 employees.
The companies that place the most emphasis on security appear to be those in the financial sector, with an average of one expert per 267 employees.
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Speaking to Infosecurity, Gerome Billois, a partner at Wavestone, attributed the increase in cybersecurity personnel to efforts that have been underway for years to strengthen cyber defenses.
"It is a very positive sign that large businesses have recognized the need for a strong cyber workforce. More and more companies have launched initiatives to ensure talent retention," he said.
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Increasing emphasis on cybersecurity
After years of efforts and implementation of significant cybersecurity programs to strengthen defense, a stabilization phase.
According to Billois, in previous years, leadership teams have mobilized to implement basic cybersecurity (e.g. MFA, etc.).
“The main motivation was to become more resilient to ransomware attacks, and it worked. The average maturity level of these groups against ransomware is at 56.9%, up from 49.8% in 2023. We are seeing fewer IT systems of large organizations being compromised by ransomware groups,” Billois said.
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Additionally, the study showed that large companies are now placing more emphasis on cloud and data security.
Why is cybersecurity emphasized?
The increasing frequency and complexity of cyberattacks is one of the main factors driving the growth of cybersecurity staff. Large organizations are recognizing the need for more security experts to protect their data and systems.
Additionally, the increased reliance on technology and digital systems in business processes has led to a greater need for cybersecurity professionals. Organizations are investing more in technology solutions and need experts to manage and protect these systems.
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Finally, more and more executives and boards of organizations have realized the value of cybersecurity and are making greater investments in this area. This includes hiring more experts to strengthen cybersecurity teams.
Source: www.infosecurity-magazine
