What are your Cybersecurity Investments?

The cybersecurity industry is projected to experience a 29% increase of jobs between 2019 and 2029. This rapid technological advancement is partly responsible for the huge growth. There is a critical shortage of cybersecurity professionals who are skilled in protecting emerging technologies. As cybersecurity professionals expand in their roles, the industry will offer a wide range of diverse roles that cover complex responsibilities that will impact the future of businesses in the 21st Century.
The demand for cybersecurity professionals is growing because companies are more vigilant about their security infrastructure to protect themselves against potential threats. Potential cybersecurity professionals will never be bored. Cybersecurity is one of the most lucrative careers in Information Technology (IT).
This blog will discuss the factors that affect pay rates and the experience required to secure high-paying jobs in the cybersecurity industry. Let’s first look at the current cybersecurity job market.
Analyzing the cybersecurity job market
Many companies are moving to remote work cultures. Computing infrastructures no longer need to be hosted 100% on-premise. Mobile devices can be used to support critical business operations in some cases via cloud-based infrastructures, or hybrid environments. To ensure a strong security posture, cybersecurity job functions are changing to meet the changing cyber-threat landscape.
The market is ready for cybersecurity recruits to use emerging technologies such as machine learning, cloud computing, and blockchain in a flexible work environment. There are new roles being created and the general cybersecurity job market is still in development. The scramble for first-round picks in government agencies and corporate organizations across all industries is on the rise. It is clear that the knowledge and skills required to protect the integrity, confidentiality, availability, privacy, and confidentiality of critical systems is one of the most valuable assets in today’s information age.
The salary trajectory of cybersecurity roles
Cybersecurity is a broad field that has many roles. The cybersecurity sector’s hierarchy is similar to traditional industries. It is often divided into three tiers. We will discuss these three tiers in more detail to help you understand cybersecurity roles and their salaries.
* Entry-level positions: These are the most common starting points for students and those who want to make a career transition into cybersecurity. Entry-level roles in cybersecurity require a foundational knowledge and technical skills to complete corporate tasks. Here are some examples of entry-level cybersecurity positions:
Penetration Tester
Security Analyst
Incident Responder
Security Engineer
Vulnerability Assessor
* Mid-level roles : These roles are responsible for developing the entire security infrastructure so that everyone can work together while adhering to the policies. These roles include:
Security Architect
Security Auditor
Security Policy Consultant
* Senior-level positions: These roles require years of leadership experience and management, as well as deep technical knowledge about cybersecurity. They are responsible for leading the teams that accomplish the tasks.
Chief Information Security Officer (CISO).
Security Manager
Global Security Director
Experience and skills required
Many cybersecurity professionals start their careers in entry-level positions. Entry-level positions allow new professionals to gain a real-world understanding about how to secure critical systems with multiple goals. Below is a list of the skills and years of experience required for each level of the job.
Role LevelSkillsYears of ExperienceEntry-level rolesStrong technical skills; Forensic approach to security challenges; Interpersonal skills; ethical integrity; Security assessment.< 1-2 YearsMid-level rolesStrong IT risk management skills; Security controls development; IT governance protocols; Security engineering skills; and Leadership skills.> 2-3 YearsSenior rolesCommunication and presentation skills; Business management skills; Policy development and strategy planning; Security incident management skills.> 5-7 YearsConclusion
The median cybersecurity salary for professionals is $103,590 per annum. However, cybersecurity salaries can vary from one country to another and are dependent on the level of expertise. It is therefore difficult to project the exact salary of every position in cybersecurity.
Entry-level positions are the lowest paid, but they earn higher salaries than other job opportunities. Cybersecurity professionals typically earn more than the average national salary. The mid-level positions are able to afford a luxurious lifestyle due to their average annual income of over $100,000
The highest salaries in cybersecurity are paid to those who hold senior positions, such as the CISO. But, many factors, such as the job location, company size and job function, affect how much a person can earn in cybersecurity. CISOs in America make the highest median salary at $224,758