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India: Cybersecurity Related Job Trends in the Financial Services Sector (October 2023 - January 2024)

Industry: Financial Services
Current: Other Industry Indicators

The number of active Cybersecurity related job postings in the Financial Services sector of India decreased by 2.98% MoM, and decreased by 10.03% since October 2023, reaching 1,238 active job postings in January 2024
A total of 509 new Cybersecurity related jobs were posted in January 2024, witnessing an increase of 26.93% as compared to the previous month. On the other hand, 547 Cybersecurity related jobs were closed in the same month implying that companies took out 9.84% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Cybersecurity related jobs posted increased by 6.26% and the number of Cybersecurity related jobs closed increased by 9.4%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Cybersecurity related jobs posted observed a growth rate of 2.05%, the number of active Cybersecurity related job postings observed a negative growth rate of 3.46% and the number of Cybersecurity related jobs closed observed a growth rate of 3.04%. Between October 2023 and January 2024, the average number of Cybersecurity related jobs posted stood at 465, number of Cybersecurity related jobs closed stood at 505 and number of active Cybersecurity related jobs stood at 1,315.