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BFSI industry faces a talent crunch in cybersecurity roles

  • Indian BFSI sector faces a talent crunch in cybersecurity, with demand surpassing the availability of skilled professionals.
  • Indian curriculum lacks emphasis on practical cybersecurity courses, putting graduates at a disadvantage compared to those from foreign universities.
  • Current active cybersecurity job openings in BFSI sector: 10,000-12,000; Overall demand across sectors: 35,000-40,000.
  • Graduates struggle to secure roles despite hackathon participation. Companies, especially banks, prefer skilled individuals with cautious hiring practices due to data sensitivity.

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