SUBSCRIBE: Newsletter

Human Resources

Toggle

Article

Businessman pressing buttons technology IT recruitment

Singapore’s finance sector in need of skilled IT professionals



Don't miss the opportunity to shout about your successes in recruitment and talent acquisition - the Asia Recruitment Awards is
the only regional awards to celebrate the best in-house teams and recruitment solution providers.
Finalists announced!

As cyber security remains high on the agenda for banks and services, Singapore’s finance sector is actively recruiting a higher number of online security experts.

In a recent report by Robert Half, 93% of banks and financial services companies in Singapore said they plan to hire more staff to manage their company’s online security.

Close to four out of 10 (39%) local companies stated they are hiring more permanent staff, while 54% are engaging interim employees.

“Banks and financial services companies that are not increasing their IT investment are instead hiring additional staff to bring their IT security functions in-house,” Stella Tang, managing director, Robert Half Singapore, said.

“Having a strong security team, comprised of key permanent staff and highly skilled interim security professionals can help companies ensure they take the necessarily precautionary measures to avoid a costly and often debilitating security breach.”

In addition, larger companies in Singapore are more likely to be hiring permanent staff to manage cyber security.

According to the survey, 42% of large firms (1000+ employees) highlighted they planned to hire permanent employees to manage cyber security, compared to 39% of mid-sized firms (500 to 999 employees) and 37% of small firms (fewer than 500 employees).

This spike in hiring activity was complemented by increased spending on cyber security by banks and financial firms, according to the report.

Six out of 10 of all local banks and financial services companies stated they are increasing their spending on IT security compared to last year.

The report highlighted this figure was the highest percentage of any of the markets surveyed and well above the global average of 50%.

The survey was conducted among 725 senior financial services leaders across six markets, including 150 leaders in Singapore.

Images: Shutterstock



Don't miss the opportunity to shout about your successes in recruitment and talent acquisition - the Asia Recruitment Awards is
the only regional awards to celebrate the best in-house teams and recruitment solution providers.
Finalists announced!

Read More News

in Singapore by

4 ways to empower employees

Take talent engagement and development to the next level with this “4E” framework provided by Tan Kwang Cheak, director of human r..

Trending

Leave a Reply

You must be logged in to post a comment.