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October 12, 2021

The recent trends in food industry’s cybersecurity job hirings

A cyberattack on one of the world's largest food companies earlier this year highlighted how big business can be open to breaches and the industry is looking to hire accordingly.

By Patrick Scott

Free Report
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What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

A cyberattack on one of the world’s largest food companies earlier this year highlighted how big business can be open to breaches and the industry appears to be looking to hire accordingly.

At the end of May, Brazil-based meat giant JBS saw its servers supporting the company’s North American and Australian IT systems targeted by what the company called “an organised cybersecurity attack”.

Within four days, JBS announced a “resolution” to the breach, stating its factories were “fully operational”. The company said it paid “the equivalent” of US$11m to the hackers – said by the FBI to be REvil, a Russia cyber-criminal group also known as Sodinokibi – after consulting with “internal IT professionals and third-party cybersecurity experts”.

The affair, following similar incidents in recent years on US brewer Molson Coors Beverage Co., snacks group Mondelez International and fast-food chain Wendy’s, only underlines the importance boardrooms should place on the issue.

And, according to GlobalData analysis, hiring for cybersecurity-related positions in the packaged food sector remains solidly up year-on-year, even amid a slight dip in August, according to GlobalData analysis.

The proportion of food manufacturing companies hiring for cybersecurity-related positions dropped in August, with 23.8% of the companies included in our analysis recruiting for at least one such position.

This latest figure was lower than the 25.8% of companies who were hiring for in the area in July – but was up from 15% in the equivalent month last year.

When it came to the proportion of all job openings that were linked to cybersecurity, related job postings rose in August 2021, with 0.4% of newly-posted job advertisements being linked to the topic.

It was the highest monthly figure recorded in the past year and is an increase compared to the 0.3% of newly-advertised jobs that were linked to cybersecurity in the equivalent month a year ago.

Cybersecurity is one of the topics that GlobalData, from whom our data for this article is taken, has identified as being a key disruptive force facing companies in the coming years. Companies that excel and invest in these areas now are thought to be better prepared for the future business landscape and better equipped to survive unforeseen challenges.

Our analysis of the data shows that food manufacturing and supply companies are currently hiring for cybersecurity jobs at a rate lower than the average for all companies within GlobalData's job analytics database. The average among all companies stood at 1.5% in August 2021.

GlobalData's job analytics database tracks the daily hiring patterns of thousands of companies across the world, drawing in jobs as they're posted and tagging them with additional layers of data on everything from the seniority of each position to whether a job is linked to wider industry trends.

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Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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