Visa Payments Learning Program to Diversify and Upskill Payments Talent

Rhea-AI Summary

Visa launches the Visa Payments Learning Program to upskill employees, students, clients, and military talent in payments cybersecurity. The program aims to address the growing demand for cybersecurity professionals and support a diverse talent pipeline. In March 2023, there was a 951% increase in data records compromised by cyberattacks worldwide. There are currently 3.5 million unfilled cybersecurity roles globally. The program includes Visa University, Visa's Apprenticeship Program, and Visa’s Military Talent Program, providing training and creating new entry-pathways for untapped communities.

New program supports White House National Cybersecurity Strategy to develop and train a diverse workforce with necessary knowledge and skills to close critical talent gap.

SAN FRANCISCO--(BUSINESS WIRE)-- Visa (NYSE: V), a leading global payments technology company, today announced the launch of the Visa Payments Learning Program designed to upskill employees, students, clients and military talent through training courses and certifications to support a sustainable and diverse talent pipeline. The initial focus of this program is centered around payments cybersecurity, created in response to the White House National Cybersecurity Strategy Implementation Plan that calls on business to heighten pathways for individuals to get into cybersecurity as the call for skilled cyber professionals continues to increase.

In March 2023 alone, 41.9 million data records were compromised by cyberattacks across the world—a 951% increase since March 2021¹. This has created a demand for cybersecurity talent across all industries, but demand outpaces supply with global cybersecurity job vacancies growing by 350%, with 3.5 million unfilled roles in 2023². Overcoming this shortage is critical for any organization, but it is particularly important in the payments industry to protect sensitive data, prevent potential losses, comply with regulations, and maintain customer trust.

“As a leader in consumer payments and an innovator in driving emerging payment solutions, Visa is well-positioned to be a leader on workforce development in critical areas such as payments cybersecurity,” said Jeremy Broome, Global Head of Talent at Visa. “The Visa Payment Learning Program will not only allow for diversification of our workforce through seeking untapped talent but will actively foster a more equitable cybersecurity talent pipeline and industry.”

Currently available in the U.S. with plans to expand globally, the Visa Payments Learning Program is comprised of several cross functional programs to include Visa University, Visa's Apprenticeship Program, and Visa’s Military Talent Program to allow for diverse avenues of upskilling and creating new entry-pathways for untapped communities through:

• Visa’s Apprenticeship Program: Through this program, an initial cohort received 16 weeks of specialist training, followed by a one-year apprenticeship, and will take part in the Visa’s Payments Cybersecurity Introductory Course. This apprenticeship provides diverse talent on-the-job training to build technical and business skills needed to succeed as cyber professionals.
• Visa’s Military Talent Program: A program that actively recruits and hires military veterans, reservists, and military spouses to provide them with training and reskilling. By creating a pipeline of military-affiliated talent, Visa has an opportunity to provide training in areas such as payments cybersecurity that builds on their existing skillsets and rich diversity of experience.

“We have designed the Visa Payments Learning Program with the initial focus on Cybersecurity in response to the White House's appeal for support of unique career pathways in cybersecurity,” said Subra Kumaraswamy, Chief Information Security Officer at Visa. “Our vision is to expand the program globally, providing industry-recognized training and certification to new diverse cohorts and global communities.”

For more information about the Visa Payments Learning Program and the Payments Cybersecurity courses, visit Visa Payments Cybersecurity Certification website.

About Visa Inc.

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions, and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

¹ Cyber Magazine, 41.9m records compromised by cyber breaches in March 2023, https://cybermagazine.com/articles/41-9m-records-compromised-by-cyber-breaches-in-march-2023
² Cybersecurity Ventures, 2023 Cybersecurity Jobs Report, https://www.esentire.com/resources/library/2023-official-cybersecurity-jobs-report

View source version on businesswire.com: https://www.businesswire.com/news/home/20231101505695/en/

Brittany Jackson

brittany.jackson@visa.com

Source: Visa Inc.

FAQ

What is the Visa Payments Learning Program?

The Visa Payments Learning Program is a training program launched by Visa to upskill employees, students, clients, and military talent in payments cybersecurity.

What is the focus of the program?

The initial focus of the program is on payments cybersecurity.

Why was the program created?

The program was created in response to the White House National Cybersecurity Strategy Implementation Plan, which calls on businesses to increase pathways for individuals to enter cybersecurity.

What is the demand for cybersecurity professionals?

There is a high demand for cybersecurity professionals, with a 350% increase in global cybersecurity job vacancies and 3.5 million unfilled roles in 2023.

What programs are included in the Visa Payments Learning Program?

The program includes Visa University, Visa's Apprenticeship Program, and Visa’s Military Talent Program.

Who can participate in the program?

Employees, students, clients, and military talent can participate in the program.

Is the program available globally?

The program is currently available in the U.S. with plans to expand globally.