Information technology (IT) courses in Singapore will be more fitting as a lucrative career due to an increased need for cybersecurity professionals.
The higher demand for IT experts comes amid the looming threat of cyberattacks originating not just in Singapore but also coming from the rest of the world. According to the Infocomm Media Development Authority (IMDA), the market value of cybersecurity in the city-state will increase to an estimated $900 million by 2020.
IMDA said that Singapore’s plan to invest $2.4 billion within a four-year period, which is under the Smart Nation programme, will pave the way for more jobs in cybersecurity. Employment in this sector would likely reach more than 2,500 listings for 2018.
Banking and finance websites will be one of the many industries that will need to beef up their digital networks, as these industries experience the growing problem of cyberattacks. Hackers also normally attempt to gain access to the Ministry of Manpower and the Immigration and Checkpoints Authority’s websites. Despite certain threats, a report revealed that Singapore leads the ASEAN region in terms of cybersecurity policies.
Aside from Singapore, A.T. Kearney’s report showed that Malaysia’s cybersecurity regulations had been one step ahead of other countries in Southeast Asia. Both countries have established the Cyber Security Agency of Singapore and CyberSecurity Malaysia to carry out these policies.
The Philippines and Indonesia followed behind with their own national agencies, which are the Department of Information and Communications Technology and the Cyber Body and National Encryption Agency, respectively. Thailand also plans to establish a national cybersecurity agency under a proposal.
Aspiring IT professionals will have more options for a career in Singapore, particularly in the field of cybersecurity. The government and private sector’s investments in strengthening digital networks will ensure that demand for jobs remains steady.