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A ‘Bullish’ Year for IT Jobs

06Jun
Green KeyInformation Technology

Tech jobs, which took a hit during the first months of the pandemic, are on the rebound and likely to surge this year.

“We’re very bullish on hiring in 2021, particularly in tech,” labor economist Julia Pollak told Crunchbase.

Likewise, Art Zeile, CEO of the company that owns the tech job site Dice.com, said, “We believe that there will be a post-pandemic explosion of interest in technologists, and that includes within startups, with so many focusing on technological innovation.”

The availability of COVID vaccines is one of the key reasons behind the optimism, Pollak said. “There’s sort of an end to the pandemic in sight now.”

In the early days of the pandemic, businesses focused on building out their remote work capability. In so many cases, less critical projects were put on hold or never started leading to layoffs of tech workers.

According to ZipRecruiter data, tech job postings fell from about 1 million in February 2020 to just under half a million in June. Job listings began to rise only slowly, reaching almost 800,000 in November. However, unemployment in the tech sector never came close to the national rate. In July, when unemployment nationally was at 10.2%, the rate among tech professionals was 4.4%, CompTIA reported. In November, the tech rate was 2.4%.

Perhaps spooked by the layoffs in an industry that historically provides lavish benefits and pay premiums, a malaise has settled over tech workers. A poll of 1,348 readers of the tech site Blind found a third admitting they are constantly anxious about losing their job; 54% said the feeling comes and goes.

That may account for the number of applicants per job posting to ZipRecruiter, which Pollak told Crunchbase was “very high.”

Now, with vaccines becoming available and as the pace of business increases and delayed IT projects get back on track, IT hiring will accelerate. Research consultancy IDC estimates global tech industry revenue will hit $5 trillion in 2021, up from $4.8 trillion in 2020.

Microsoft estimates the number of technology-oriented jobs – will increase nearly five-fold by 2025, rising from 41 million in 2020 to 190 million in 2025. If Microsoft is right, to reach that number 2021 will be a banner year for tech job growth.

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‘Outlandish Job Requirements’ Are Causing an IT Shortage

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Too many employers are asking for too much when seeking to fill entry-level cybersecurity positions, then lamenting that there’s a shortage of talent applying for the job.

“There’s a misunderstanding, I think, out the door of what the [requirements] really should be for junior, midlevel and senior roles, and what those expectations are,” said Neal Dennis, a threat intelligence specialist, in an interview with The Wall Street Journal.

Citing a report by the International Information System Security Certification Consortium (ISC2), the Journal said there is a need for 3.1 million cybersecurity professionals to meet security requirements. But companies leave positions unfilled insisting they can’t find people to fill them.

Researchers tell the Journal “outlandish job requirements are the problem,” not than a lack of workers.

“We’ve created this self-licking ice-cream cone of misery that continues to drive the narrative forward that we don’t have the ability to solve this problem, or we don’t have enough humans,” said Chase Cunningham, principal analyst at research firm Forrester Inc.

The Journal article notes that job postings for entry-level security roles frequently request two to four years’ experience and advanced knowledge, which can be evidenced by certifications such as the Certified Information Security Systems Professional.

But Clar Rosso, chief executive of ISC2, which issues the certification, points out in the article that it takes 5 years of experience before earning a CISSP. “Possibly the human resources recruiter doesn’t have experience in the area and they’re not able to say, wait, that doesn’t even make sense,” she told the Journal.

The solution, says the Journal, is for companies to rework their expectations and hire tech professionals with non-traditional backgrounds, then invest in training. “Apprenticeship schemes and firm career development paths for new cybersecurity workers would help,” says the Journal.

“Once that shift occurs,” Dennis said, referring to on-the-job training and certification prep programs, “I think that the skill shortage starts to answer itself. And then we’ll finally realize that there’s not really a people shortage, there’s just a knowledge shortage on the people who are available.”

Photo by Patrick Amoy on Unsplash

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Researchers Hack Computer Fan. Seriously!

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doesn’t involve exploiting bugs or vulnerabilities in software. Instead, they found a way to do it by controlling a computer’s cooling fan.

Amazingly, they found hackers could encode stored data into fan vibrations by imperceptibly slowing down or speeding up the fan’s rotation. The fan causes the computer itself and the surface it’s on to vibrate and these vibrations can be picked up by a smartphone and then retrieved by a hacker.

“We observe that computers vibrate at a frequency correlated to the rotation speed of their internal fans,” lead researcher Mordechai Guri told Tech Xplore. “These inaudible vibrations affect the entire structure on which the computer is placed.”

“The malware in question doesn’t exfiltrate data by cracking encryption standards or breaking through a network firewall,” he said. “Instead, it encodes data in vibrations and transmits it to the accelerometer of a smartphone.”

While the process of transmitting the data is extremely slow, and therefore not likely to be adopted by hackers (spy services maybe?) it is yet another demonstration of how it is possible to access a computer that is air-gapped, meaning it is isolated and not connected to the internet.

Guri is head of R&D at the univerity’s Cyber-Security Research Center. He and his team specialize in finding ways to access data from highly secure systems and devising methods of protecting against the threats.

In the case of the fan vibration hack, a simple method of protecting against it is to make the fan speed unchangeable.

Photo by Florian Olivo on Unsplash

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