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IT contractors with cyber security skills will be pleased to learn that they could experience high demand from the financial services sector.

Research, carried out by Giant Group, found that IT professionals expect the financial services sector to be one of the biggest providers of job opportunities over the next 12 months.

Contractors will also be interested to hear that the report found the average number of days between assignments is shrinking, with 77% of professionals expecting remuneration to rise over the next year. 

Matthew Brown, managing director of giant group, said, “The data from our analysis highlights what is already very clear – that there is a shortage of IT professionals operating within the financial services market. This upward trend is one we expect to continue, as cyber security becomes a key business focus for the financial services sector. With a reduced number of permanent experts in the market, firms are increasingly relying on the expertise of specialist contractors.”

“A recent study from KPMG revealed 57% of UK businesses find it difficult to recruit cyber security staff and with companies in financial services some of the most vulnerable, it’s unsurprising they are looking to contractors to ensure they are not at risk of data breaches.”

“The rise in remuneration on offer to contractors also comes as no surprise. These professionals boast a wealth of experience and with the cyber security landscape continually evolving, extensive up-to-date knowledge is vital.”


Daniele Cantello is an Contract Manager for Contractor Umbrella Ltd, one of the UK’s Most Respected Umbrella Companies. Learn more about Daniele on Google.

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