Cyber ​​agents leave for crypto companies for 2 to 3 times the salary

Governments today have a large team of ‘cyber agents’: agents who specialize in cybercrime. It’s a mix of skills that not everyone possesses, and companies in the cryptocurrencies sector like bitcoin (BTC) are realizing this too. In some cases, these cyber specialists in the crypto sector are even paid two to three times as much.

Brain drain

That writes Bloomberg based on discussions with the National Police Chiefs’ Council (NPCC)The UK’s cybercrime departments are facing a bradrain because to experience employees leave the police and go to crypto companies. The NPCC estimates that the UK’s police cyber-staff is shrinking three to four times faster than the rest of the police workforce.

EAbout fifteen individuals are said to have left already, and it is expected that this number will increase significantly over the next twelve to eighteen months. Fifteen people may not sound like much, but cyber teams are usually quite specialized and therefore not very large. Relatively speaking, it will therefore be a significant number. It is obvious that the impact of the shrinking teams will grow.

Left for higher salaries

Among the companies hiring ex-cops are major trading platforms such as Binance and Coinbase. But the well-known blockchain analysis company Chainalysis also attracts cyber experts, for example. According to NPCC-CEO Andrew Gould formand drastically higher salaries are the root of the problem. Crypto companies are able to pay two to three times as much as the government. Police are unable to cope with such a rapid loss of workers, Gould said.

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Bloomberg emphasizes that in 2018 the UK police lobbied the government for additional financial support so that it could deploy about 250 ‘crypto tactical advisors’. These people were trained to investigate transactions and seize cryptocurrencies. At the same time, companies in the sector try to protect themselves as much as possible against hackers. That’s where the same people come in handy.

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