Top 5 Reasons to Fill Your Cyber Security Graduate Jobs

Protecting your business from cyber attacks is critical. Improper defence can be catastrophic, costing you time and money. Investing in cyber security solutions is essential to safeguard against attacks and mitigate the risk of a breach. However, investment doesn’t have to cost your company an extortionate fee. Cyber security graduates present excellent value in several ways. 

Our guide explores the top 5 reasons you should fill your cyber security graduate jobs. 

1. Knowledge of industry trends and relevant frameworks

A cyber security company could benefit from hiring a graduate for several reasons. Cyber security graduates will be equipped with the latest knowledge that cyber security programs can provide, meaning they’re well-versed with the latest trends and have the skills necessary to succeed. 

Artificial intelligence (AI) and machine learning (ML) integration 

As with most spaces in the technology industry, AI and machine learning are changing how professionals approach tasks. As they’re relatively early in their inception, cyber security graduates have some of the most exposure to these cutting-edge innovations. Here are some examples of how AI and machine learning are being implemented to provide cyber security solutions: 

Advanced anomaly detection 

Cyber security graduates are adept at utilising AI and ML algorithms to analyse vast amounts of complex data to identify unusual patterns and potential threats in networks and systems. Its key features include:

• Real-Time Monitoring: The latest systems can continuously scrutinise data and detect anomalies as they appear. 
  
  
• Self-Learning Capabilities: ML models can evolve and improve their abilities to detect irregular patterns. 
  
  
• Reduced False Positives: With continuous learning, these systems understand complex patterns and reduce the occurrence of false alarms. 

These features bring a host of advantages. Firstly, threats can be detected with such speed that they prevent them from escalating. As a result of data analysis, cyber security graduates can make data-informed decisions that enhance overall defence. Finally, the ability to automate processes streamlines cyber security solutions - it saves cost and time. 

Familiarity with fundamental frameworks 

Two important frameworks that are essential in the industry are NIST and ISO 27001. Cyber security graduates are accustomed to both. Many companies will depend on both frameworks for differing reasons. For example, NIST is renowned for its adaptability, while IS0 27001’s international status is useful. 

NIST Cyber Security Framework 

First introduced in 2014, the National Institute of Standards and Technology (NIST) Cyber Security Framework is a voluntary set of guidelines and best practices for businesses to aid them in mitigating cyber security attacks. Barrack Obama ordered its development in direct response to increasing cyber security concerns. It’s popular among federal agencies and private sector organisations worldwide. Below are its five core functions:

1. Identify 

2. Protect

3. Detect

4. Respond

5. Recover 

ISO 27001 

ISO 27001 is an international standard that provides a systematic structure that companies can adhere to help manage sensitive information. The standard has a technology-neutral risk-based approach in which organisations have to:

• Identify assets that need protection. 
  
  
• Assess and evaluate risks to these assets.
  
  
• Incorporate suitable measures to mitigate risks. 
  
  
• Have regular internal audits. 
  
  
• Conduct management reviews of ISMS. 

2. Regulatory compliance 

The General Data Protection (GDPR) is vital for elevating cyber security practices and protecting personal data. Because of their recent academic background, cyber security graduates are proficient in its operation and its importance concerning cyber security services. 

If a company doesn’t comply with GDPR, it will miss out on many benefits. More importantly, a failure to meet regulation standards will have severe consequences. 

Before discussing the ramifications, let’s see what rewards there are: 

Benefits of GDPR

Galvanising data protection 

GPDR establishes an extensive framework designed for data protection. It requires companies to utilise stringent security measures, including: 

• Encrypting personal data. 
  
  
• Incorporating access controls. 
  
  
• Carrying out routine security assessments. 
  
  
• Developing and executing incident response plans. 

Encouraging proactivity 

The regulation wants businesses to have a proactive stance towards cyber security to prepare them for any risks. This consists of: 

• Performing data risk assessments. 
  
  
• Implementing privacy by design principles.
  
  
• Appointing Data Protection Officers (DPOs). 
  
  
• Offering training programs and mentorship. 

Improving incident response 

It’s a GDPR requirement that companies report data breaches within 72 hours of detecting them. This stipulation results in:

• The progression of incident response plans. 
  
  
• Transparency. 
  
  
• Impact on individuals involved. 

Consequences of non-compliance 

Failing to comply with GDPR regulations can carry massive penalties of up to €20 million or 4% of global annual turnover - generally, whichever is higher will be the fine that’s imposed. 

British Airways 

In 2020, the Information Commissioner's Office (ICO) ordered British Airways to pay a fine of £20 million for a data breach that impacted over 400,000 customers. Investigators concluded that the airline didn’t have security measures such as multi-factor authentication. 

TikTok 

Last year, the ICO fined TikTok £14.5 million for violating the UK GDPR. The platform was adjudged guilty of collecting children’s personal data without seeking proper parental content. The investigation found that TikTok harvested data from over a million children under age 13, violating their terms and conditions agreement. 

Marriott International 

In 2020, the ICO fined Marriott International £18.4 million for a data breach that affected millions of customer records. The company failed to process data in a way that ensured appropriate security. 

3. Mitigating emerging threats 

Technological advancements aren’t always beneficial. Unfortunately, cyber-attacks are becoming alarmingly sophisticated, substantiating the need for cyber security graduates who have the dexterity to deal with these dangerous developments. 

Examples of new risks 

Advanced Persistent Threats (APTs) 

APTs are long-term, targeted attacks normally instigated by well-funded groups to infiltrate organisations and remain undetected. Upon the initial infiltration phase, malware is implanted to facilitate undetected movement; attackers then expand their access and collect sensitive data. The final stage is maintaining a presence via multiple points of access. Common APT techniques are:

• Targeting high-profile entities with spear-phishing campaigns. 
  
  
• Customised hacking tools. 
  
  
• Strategic Web Compromise (SWC) operations. 
  
  
• Command-and-control (C&C) servers for data exfiltration. 

Ransomware attacks 

Although not necessarily a new technology, the tactics employed are evolving. These attacks see victims’ data encrypted, and a sum is demanded for a decryption key. There are two types: 

1. Encrypting Ransomware: The victim’s files become encrypted and can only be accessed with a decryption key. 

2. Screen Lockers: The victim is completely locked out of their device. 

Attackers are developing new tactics, such as double extortion, which involves threatening to leak encrypted data to the public. Software providers are susceptible, as entire supply chains can be disrupted. 

IoT Attacks 

As the number of connected devices increases, so does the opportunity for cyber criminals to capitalise on vulnerabilities. There are various types of IoT attacks: 

• Botnet Attacks: This is when compromised IoT devices controlled by attackers execute large-scale attacks. An example is the Mirai botnet attack. Over 600,000 IoT devices were infected and launched DDoS attacks, which affected Twitter, Netflix and CNN. 
  
  
• Man-in-the-Middle (MitM) Attacks: Attackers intercept communications between IoT devices and steal data or inject malicious commands. In 2015, researchers tested the security of a Jeep SUV and were able to take control of the vehicle’s speed and steering. 

4. A strong culture for security 

Proactive risk management

Risk assessment measures are an essential element of cyber security services to combat the increasing complexity of cyber attacks. Lending to their education, cyber security graduates are primed to implement the latest risk assessment practices, such as: 

Comprehensive asset inventory 

A deep understanding of an organisation’s digital assets is paramount, including: 

• Hardware and Software Inventory: A maintained inventory of all devices, applications, and systems connected to a network. 
  
  
• Data Classification: Categorising data based on sensitivity to strengthen protection. 

Advanced threat modelling 

Detecting possible attack vectors by leveraging cutting-edge threat modelling techniques: 

• AI-Powered Threat Intelligence: Using AI and ML to analyse data and predict possible threats. 
  
  
• Supply Chain Risk Analysis: Assess risks connected with partners to uncover potential flaws in supply chains. 

Quantitative risk analysis

Improving precision with data-driven approaches, such as: 

• Probabilistic Risk Modelling: Use statistics to understand the chances and impact of cyber attacks. 
  
  
• Financial Impact Assessment: Get an idea of monetary cost to better advise on risk mitigation decisions.  

Continuous monitoring and assessment 

Deploy real-time monitoring and implement frequent reassessment practices: 

• Security Information and Event Management (SIEM): SEIM solutions provide round-the-clock monitoring of networks and identify potential risks in real-time. 
  
  
• Frequent Penetration Testing: Carry out regular penetration tests to detect flaws and study the efficacy of existing security channels. 

5. Cost-Effective solutions  

Filling your cyber security graduate jobs is cost-effective in two ways. Firstly, a graduate will cost less than employing a seasoned professional in the field. As per Glassdoor, a cyber security graduate’s salary is an average of £38,000, compared to around £45,000 for an experienced specialist. 

However, what a cyber security graduate might lack in experience, they compensate for with invaluable knowledge of the latest types of attacks and tactics being deployed by cyber criminals. This insight also means that they provide immense value with their proficiency in preventative technologies. They’re also in tune with industry trends and familiar with the necessary frameworks. 

How else are cyber security graduates cost-effective for a business? Consider cyber security a first line of defence, and without it, your company is open to a string of attacks costing enormous amounts of money. These figures illustrate the magnitude: 

Financial impact

Average costs 

• This year, data breaches around the globe cost a record high of $4.88 million. 
  
  
• In the same year, the average recovery cost of ransomware attacks was $2.73 million. 

Costs by business size

• It’s recorded that 95% of cyber security attacks cost SMBs between $826 and $653,587. 
  
  
• Half of SBMs reported it took 24 hours or longer to recover fully. 
  
  
• Around 75% of SMBs said a ransomware attack would render them unable to operate. 

Global Consequences

• In 2023, cyber crime cost companies an estimated $8 trillion worldwide. 
  
  
• This figure is forecast to increase to almost $24 trillion by 2027. 

Final Say: Top 5 reasons to fill your cyber security graduate jobs

Companies will benefit from this investment by filling cyber security graduate jobs in numerous ways. A cyber security graduate brings insight surrounding the latest trends in the space, knowledge of relevant frameworks, and mastery of AI and ML technologies. 

They also represent a cost-effective choice. They’re cheaper to employ in comparison to professionals, and their enthusiasm for cyber security means they can deploy the latest risk assessment practices. As cyber criminals continue to adapt their methods of attack, the best form of defence lies with cyber security graduates. 

Do you need cyber security recruitment solutions? 

At Hamilton Barnes, we’re committed to delivering an exceptional service to identify and secure key talent that will elevate your business. 

Visit our dedicated security page to find out how we can help you, or contact us today to speak with a team member.