Hybrid Workplaces and Its Effect on Cybersecurity Industry

by | Jun 30, 2021

With most of the world slowly transitioning to a more stable condition, many companies and employees wonder what the workplace environment would be like in the next couple of months. Will companies shift into a hybrid work arrangement or retain the existing work-from-home setup? Statistics suggest that APAC companies will likely increasingly rely on hybrid workplaces. 

More companies have started to invest their resources in agile hybrid work arrangements, but what do all these changes mean, especially for specific sectors like Cybersecurity?  

 

Hybrid Workplaces in APAC – A Boon or Bane for Cybersecurity?

New data tells us that about 64 percent of APAC organizations aim to replace their business operating model by 2020, with a strong desire to improve their employees’ experience and boost worker retention and productivity given the current situation. Most of these companies aim to retain or upgrade their existing work arrangement into a more hybrid approach. 

On top of this, a survey unveils that 2 out of 5 employees want to retain a hybrid approach to working. However, while this may be an excellent option for some people, others might see it as a challenge. Cybersecurity professionals argue that hybrid or digital working arrangement often come with the following issues:

  • Difficulty in limiting access to data/access points as employees access company files in the office and remote working location
  • Additional strain to cybersecurity team, especially for companies with a large group of employees as they have to monitor systems/apps used constantly
  • Possible inconsistencies in the technologies used by the company and the WFH employees
  • Security breaches in some cloud-based services or products 
  • Failure to follow proper online security practices of some employees, especially when accessing company network at home or other locations

IT leaders also explain that hybrid work arrangements might also stretch their team too thin as they reinforce security systems and help other departments become more conscious of online security threats. 

On a positive note, however, such changes can also open opportunities for aspiring cybersecurity startups and established cybersecurity vendors. In addition, it could lead to new employment opportunities for cybersecurity talents all over the APAC region. 

Outsourcing vs. In-House Cybersecurity Professionals

Undeniably, the demand for having a cybersecurity team or specialist will only keep increasing each year. The threats will most likely get more serious and pose threats to varying industries, regardless of the scale of the businesses. 

Sadly though, most APAC countries struggle to address the issue of a limited cybersecurity talent pool. It remains one of the looming concerns in APAC, especially as the region expects to welcome around 666 to 819 million workers who need to use digital skills by 2025

For a company or business owner, it would help to know what option would work best for your business – outsourcing cybersecurity services or hiring an in-house professional. 

Do note that each option comes with its own set of pros and cons. For starters, outsourcing your cybersecurity needs may be beneficial because you can take full advantage of an agency’s expertise. It will also help you minimize the cost of recruiting, onboarding, and training a professional with a cybersecurity background. 

However, you might find it more helpful to have an in-house specialist to ensure smooth communication between you and your team members. It helps the candidate become more familiarized with the company’s mission, vision, and goals. Your hired specialist and the rest of your team can become mutually invested in meeting every company milestone.

Besides considering the obvious benefits of outsourcing or hiring a cybersecurity specialist, we also recommend looking at other crucial factors such as:

  • The size of your company (number of members, departments, etc.)
  • The level of cybersecurity challenges or threats that you currently encounter
  • The demands of each department, especially those engaged in digital or hybrid work arrangements
  • Your long-term budget and business goals
  • The available talent pool in your areas (especially in countries with limited hiring options due to foreign worker policy changes such as Singapore)

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    Indeed, companies – regardless of the industry they belong to or even their size – must continuously adapt to the situation to keep moving forward. As professionals and companies shift to a hybrid setup, everyone continues to cope up and adjust their methods or processes. Such changes would also demand employers and their employees to become more aware of the various cybersecurity threats that currently affect the world. 

    Are you considering hiring in-house cybersecurity professionals for your company? Our recruitment specialists at Datasearch Consulting can lend you a hand. Feel free to check out our recruitment page if you want to know more information on our executive recruitment offers. You may also reach out to our team for more information.

    Phoebe Lagasca is a Senior Associate at Datasearch Consulting, a leading executive recruitment firm specialising in the Financial Technology & Data sectors.

    You can download their FREE comprehensive guide on “The Complete Guide to Hiring Fintech & Data Talent – 5 Proven Steps to Secure the Best Candidates Possible” here Alternatively you can view the Datasearch Consulting website or contact them directly on info@datasearchconsulting.com for a more detailed discussion

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