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Excerpt:
The effects of the September 11 terrorist attacks and recent natural disasters such as hurricanes and
earthquakes have resulted in increased businesses and government spending on information security.
New laws on privacy and financial accounting have also resulted in a dramatic increase in security
spending. There is every indication that this trend will continue.

The need for information security is directly related to the use of information technology (IT). The global
economy including corporations and governments is based increasingly on information systems and
networks. Businesses and governments must be aware of risks in information systems.

....Professionals with specialized skill sets will experience strong demand growth. The combination of
security skills and software development or mainframe programming will be in high demand. Individuals
with security clearances have an advantage for positions with government departments, agencies and
defense contractors.

Regulatory compliance is a big driver of growth in business and government spending on information
security. There are now security and privacy laws in the US, Europe and Asia. The following US laws have
had a huge impact: Gramm-Leach-Bliley (GLB), the Health Insurance Portability and Accountability Act
(HIPAA) and Sarbanes-Oxley (SOX). Financial, healthcare and government organizations must comply
with these laws resulting in increased demand for information security, project management and
technical planning.

Security auditing is a security function used widely in corporations and governmental entities. This
function is growing in importance as a way to identify risks, threats and vulnerabilities in an IT
environment. Security auditors commonly work in such corporate departments as internal auditing,
information security and risk management. There are also many audit opportunities in large accounting
and consulting firms (e.g. PriceWaterhouse Coopers, KPMG).