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  1. Analysis
September 6, 2022

North America is seeing a hiring jump in private banking industry cybersecurity roles

Some parts of the world are investing more heavily in cybersecurity roles than others

By Data Journalism Team

North America extended its dominance for cybersecurity hiring among private banking industry companies in the three months ending July.

The number of roles in North America made up 45.3% of total cybersecurity jobs – up from 41% in the same quarter last year.

That was followed by Europe, which saw a 1.7 year-on-year percentage point change in cybersecurity roles.

The figures are compiled by GlobalData, who track the number of new job postings from key companies in various sectors over time. Using textual analysis, these job advertisements are then classified thematically.

GlobalData's thematic approach to sector activity seeks to group key company information by topic to see which companies are best placed to weather the disruptions coming to their industries.

These key themes, which include cybersecurity, are chosen to cover "any issue that keeps a CEO awake at night".

By tracking them across job advertisements it allows us to see which companies are leading the way on specific issues and which are dragging their heels - and importantly where the market is expanding and contracting.

Which countries are seeing the most growth for cybersecurity job ads in the private banking industry?

The fastest growing country was the United States, which saw 36.4% of all cybersecurity job adverts in the three months ending July 2021, increasing to 38.9% in the three months ending July this year.

That was followed by Canada (up 1.8 percentage points), the United Kingdom (1.4), and the Philippines (0.8).

The top country for cybersecurity roles in the private banking industry is the United States which saw 38.9% of all roles advertised in the three months ending July.

Which cities and locations are the biggest hubs for cybersecurity workers in the private banking industry?

Some 4.5% of all private banking industry cybersecurity roles were advertised in Pune (India) in the three months ending July.

That was followed by London (United Kingdom) with 3.9%, Singapore (Singapore) with 3.7%, and Toronto (Canada) with 3.6%.

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