No numbers were provided by IT Masters, but it claimed that registrations for the online cyber security course had risen by 270%.
“By the time 2018 enrolments are closed, we may well have more than four times the number of Cyber security applicants than we had last year,” IT Masters director Martin Hale (below, right) said. “We have not seen this type of surge in IT enrolments since the Dot Com boom in the late 1990s.
“As was the case back then, demand is being driven by the tremendous employment opportunities that are available at present for graduates with skills in cyber security.”
“IT professionals looking to take their careers to the next level are targeting cyber security as a fast-track to vocational advancement and it makes sense too,” he said.
“Data from the 2016 Census showed that while average wage growth across the community has been very slow, ICT Security Specialists have benefitted greatly from an undersupply of skilled workers with an impressive 31% rise in the five years from 2011 to 2016.
“The latest Census survey showed average wages in this category have risen to $111,124 and, in the current state of undersupply for cyber security skills, it is fair to assume that those income growth figures are being exceeded in the present.”
He also pointed to a recent report from the Australian Cyber Security Growth Network that forecast the Australian cyber security industry could triple in size over the next decade, with revenues rising to $6 billion by 2026, from just over $2 billion at present.