According to Nasscom (Natioanl Association of Software and Service Companies), demand for information security specialists will grow in the Indian information technology sector from 18,000 in 2004 to 77,000 in 2008. Worldwide demand will rise from 60,000 to 188,000. As demand is increasing, so is scarcity; the United States will have a shortage between 25,000 and 50,000 professionals. Less than 10,000 professionals will have working security knowledge, leading to a global shortage of 100,000. Companies are beginning to realize the importance of security to defend business operations, increasing demand for professionals from $8 billion in 2001 to $23.6 billion by 2006.