With two months to go until GDPR rules come into forces, data protection job vacancies have spiked by a massive 709 percent, according to research from job site Indeed.
Demand for the skills underpinning cryptocurrencies is also on the rise, according to IT Jobs Watch; with roles requiring blockchain expertise up by 348 percent and those requiring Ethereum expertise increasing by 970%.
The General Data Protection Regulation, which comes into force on 25th May, represents the UK’s biggest overhaul of data protection law for two decades. Companies failing to comply can face fines of up to €20 million.
The average data protection officer role is carrying a salary of £47,483 – nearly double the average UK wage of £27,600 – Indeed said.
Sudhesh Giriyan, COO of Xpress Money said: “We’re still in the early stages of the PSD2 movement, but it’s set to increase fintech innovation like we’ve never seen before. Encouragingly, this data shows that businesses are starting to adapt and are in search for the skills that will set them apart from the competition.”
This article is from the CBROnline archive: some formatting and images may not be present.
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