Protection and employment: power industry cybersecurity hiring levels hit year-high in February 2022
The proportion of power industry operations and technologies companies hiring for cybersecurity related positions rose significantly in February 2022.
Compared with the equivalent month last year, 63.3% of the companies included in our analysis were shown to be recruiting for at least one position in cybersecurity. This latest figure was higher than the 43% of companies who were hiring for such jobs a year ago and an increase compared to the figure of 56.1% in January 2022.
When it came to the rate of all job openings that were linked to cybersecurity, related job postings kept steady in February 2022, with 4% of newly posted job advertisements being linked to the topic. This latest figure was an increase compared to the 2.8% of newly advertised jobs that were linked to cybersecurity in the equivalent month a year ago.
Cybersecurity is one of the topics that GlobalData, from which our data for this article is taken, has identified as being a key disruptive force facing companies in the coming years. Companies that excel and invest in these areas now are thought to be better prepared for the future business landscape and better equipped to survive unforeseen challenges.
Our analysis of the data shows that power industry operations and technologies companies are currently hiring for cybersecurity jobs at a rate higher than the average for all companies within GlobalData's job analytics database. The average among all companies stood at 3.1% in February 2022.
GlobalData's job analytics database tracks the daily hiring patterns of thousands of companies across the world, drawing in jobs as they're posted and tagging them with additional layers of data on everything from the seniority of each position to whether a job is linked to wider industry trends.
GlobalData has compiled a list of top MNCs based on revenue. Any top companies that did not have a subsidiary were removed from the list. The latest company annual reports (2019 and 2020, where available) and websites were analysed for a total of 2,188 companies.
For a subsidiary to be included, the parent company had to have a majority ownership/control in the subsidiary. Affiliates, associates, joint operations and joint ventures were included as long as the ownership criteria was met. Subsidiary information was captured at a country level. Country names were standardised. In total, 216,898 subsidiaries were captured.