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Cybersecurity Talent Intelligence US

During the ongoing pandemic, if there is one technology area that remains unaffected to a large extent, it is Cybersecurity. The global Insurance, Banking, Public and Retail sectors continue to build capabilities to combat cyber threats. Our report gives an overview of the talent intelligence market in the US with an added section highlighting the sector developments in the wake of Covid-19 scenario.

The average cost of a data breach was US$3.9mn in 2019 and shows no signs of abating. In the midst of this, the global spend on Cybersecurity had been US$145bn in 2019 which is expected to top US$270bn by 2026. In fact, companies belonging to the Retail&Wholesale, Utilities, Communications are spending between 11% and 30% of their total IT budget on Cybersecurity initiatives. 
Considering the nature of emerging threats, we have identified 4 broad skills groups that are in demand – Incident Response, detecting abnormal systems behavior, knowledge of critical business systems and cybersecurity strategy. We have identified a group of companies which are moving fast to acquire cybersecurity talent in a market where there is substantial demand and supply mismatch. This report also consists of an overview of Cybersecurity job trends, top paying Cybersecurity jobs, and data related to US Cybersecurity demographics. 
Our analysis of the existing data has been done taking in to consideration the overarching NICE Framework developed by the NIST. While we have used data up t March 2020, it draws out some characteristics of the talent space that shows resilience to the ongoing pandemic. 
We hope that you find our report useful.
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Amit Kumar

President and Co-Founder

Amit has a diverse background in multiple industries including automobile, telecom, and banking, and is passionate about scaling up operations.

Amit has played an instrumental role in scaling operations of Avance Consulting and scaling it to over 10 countries with a team size of over 700 people and is rated as one of the top technology staffing companies in Europe.

Amit is passionate about coaching and building talent. He has been on the advisory board of a school. He has not only invested in multiple early stage start-ups but also coached entrepreneurs on scaling up their businesses.

Pravin Dudhe

CEO and Co-Founder

Pravin has been a serial entrepreneur all through his professional life, co-founded 2 successful companies and helped another start up build their business to give a successful exit. He has worked in the media and entertainment industry with focus on video games, animation and advertising across India and UK. He had a successful exit from his first few start-ups, Octoplus Entertainment (video-games and animation); and PhoneSpots (mobile advertising). 

Pravin is onto his 3rd venture, Avance Consulting, which is in the field of HR and Talent Solutions. Avance has operations in over 10 countries with a team size of 700 people and is rated as one of the top technology staffing companies in Europe. He is also an active investor in start-ups, especially, in early-stage companies. He has invested in over 10 different companies in the field of Ad-tech, HR-tech, and Reg-tech. He is passionate about start-ups and scaling up.