A career as a cyber security manager can pay well and present many prospects for advancement. Careers as cyber security managers include high average wages, a variety of employment positions, and opportunities for advancement, but with experience, cybersecurity managers can progress to chief information officer or IT director positions. Let us see anout the salaries of Cyber Security Manager.
In the US, The high demand for cybersecurity experts will probably increase. According to a survey by Cybersecurity Ventures, there were 350% more open cybersecurity positions between 2013 and 2021.
Cyber Security Manager Salaries
According to US News, cybersecurity manager jobs rank 2nd among the best technology jobs and 5th among the 100 best jobs. According to the BLS, the salaries of cyber security manager in 2021 was $102,600 annually, and their per-hour wage was $49.33. Furthermore, cyber security manager jobs will grow at a faster-than-average rate of 35%. The highest salary of a cyber security manager is recorded as $220,000 per year, and the lowest salary is recorded as nearly $70,000 per year.
The average salary of a cybersecurity manager in the US:
The salary of a cybersecurity manager can vary greatly depending on factors such as the company’s size, location, and industry, as well as the manager’s experience and education. On average, a cybersecurity manager in the US can expect to earn an annual salary of $90,000 to $140,000 or more. However, in larger cities or industries with a high demand for cybersecurity professionals, the average salary can be much higher, reaching upwards of $160,000 or more.
Skills crucial for a cyber security manager:
Some of the most crucial skills for a cybersecurity manager include:
- Scripting.
- Cybersecurity control and framework
- Security incident handling and response
- Network security control.
- Cloud networking.
- Intrusion detection.
- DevOps.
- Security auditing.
- Malware prevention.
Salary of an experienced cyber security manager:
An experienced cybersecurity manager can earn approximately $150,000 or more annually. However, salaries for senior cyber security managers can be much higher, with some earning upwards of $180,000 per year or more. However, top positions like IT or security director, chief technology officer, or chief information officer might provide prospects for promotion for highly skilled cybersecurity managers (CIOs).
Salary for a junior cyber security manager:
An entry-level or junior cyber security manager can earn approximately $80,000–110,000 annually. But the salary of a junior cybersecurity manager also depends on location, education, and certification. It’s also important to note that a junior cyber security manager’s salary can also be affected by their education, certification, and other qualifications, such as CISSP or CEH. Additionally, salaries can vary greatly depending on geographic location, with positions in major metropolitan areas often commanding higher salaries.
Top 5 best-paying jobs as a cyber security manager:
- Cyber security architect.
- Senior Cyber security consultant.
- Locum tenens Cyber security analyst.
- Director Cyber security.
- Senior Cybersecurity engineer.
Factors affecting the salary of a cyber security manager:
The salary of a cybersecurity manager can be affected by several factors, including:
Education and certification:
A cybersecurity manager typically holds a bachelor’s degree in computer science, information technology, or a related field and has several years of experience working in cybersecurity. They may also hold certifications such as CISSP or Certified Ethical Hacker.
Location:
Salaries for cybersecurity managers can vary widely depending on the location, with higher salaries in larger cities and technology hubs such as San Francisco, New York, and Washington tend to be higher.
Company size:
Larger companies often have more resources to invest in cybersecurity and can offer higher salaries for cybersecurity managers in the US.
Industry:
Some specific industries, such as finance and healthcare, may have a higher demand for cybersecurity professionals and offer higher salaries.
Experience:
Cybersecurity managers with more than five years of experience in the field can command higher salaries than juniors.
Demand:
The increasing demand for cybersecurity professionals due to the growing threat of cyberattacks can also drive up salaries for cybersecurity managers.
Adaptability:
The ability to stay up-to-date with the latest cybersecurity trends, threats, and technologies and to quickly adapt to changing security environments.
Ways of increasing salary for Cyber security manager:
Here are some ways that a Cybersecurity Manager can potentially increase their salary:
Education and certification:
Pursuing advanced education, such as a master’s degree in IT, and obtaining industry-recognized certifications, such as Certified Information Systems Security Professional (CISSP) or Certified Ethical Hacker (CEH), can demonstrate a level of expertise and knowledge and can help increase salary.
Gain experience:
Acquiring additional experience in the field of cyber security, especially in a leadership role, can demonstrate the ability to manage complex security programs and can increase salary.
Networking:
Building professional relationships with other security professionals, attending industry events and conferences, and staying up-to-date with the latest trends and technologies can increase visibility and demonstrate a commitment to the field, potentially leading to better job opportunities and higher salaries.
Look for new opportunities:
As a cyber security manager seeking new job opportunities is also a good option and can lead to higher salaries and better benefits.
It’s important to note that salary increases are not always possible and that other factors such as company culture, benefits, and opportunities for growth and advancement should also be considered when making career decisions.
Top-paying industries for Cyber security managers:
- Remediation And Other Waste management services:
The annual salary of a Cybersecurity manager in this field is $173,250 annually and $83.30 per hour.
- Computer and peripheral equipment manufacturing:
The annual salary in this industry is $144,040 annually, $69.25 per hour.
- Other information services:
The annual salary of a Cybersecurity manager in this industry is $149,540annually, $71.90 per hour.
- Securities and Financial InvestmentAnd related activities:
The annual salary of a Cybersecurity manager in this field is $142,070 annually, $68.30 per hour.
Cyber security manager pays in various states in the United States:
- New York:
The average median salary of a cybersecurity manager in New York is $133,210.
- California:
The average median salary of a cybersecurity manager in California is $135,200.
- Maryland :
The average median salary of a Cybersecurity manager in Maryland is $126,110.
- Iowa:
The average median salary of a Cybersecurity manager in Iowa is $125,650.
- District of Columbia
In the District of Columbia, the average median salary for a Cybersecurity manager is $124,980.
Conclusion:
You must be passionate about cybersecurity and have a keen interest in IT. good IT abilities, including an understanding of operating systems, hardware, software, networks, and security. knowledge on how to manage the cyber security threats connected to different technologies. Ultimately, the salary of a Cybersecurity Manager can vary greatly, and it’s best to research and compare salaries for the specific company and location you’re interested in to get a better idea of what you can expect to earn.
FAQ:
- Coding Is Necessary for Cybersecurity?
No. Although learning to code is not required for novices in cybersecurity, it might be useful because it will help you better understand how systems can be hacked. Additionally, programming expertise might pave the way for career progression.
- Can Python handle cyber security?
Because it can carry out several cybersecurity tasks like malware analysis, penetration testing, and scanning, Python is a helpful programming language for cybersecurity specialists.
- Which Methods Are the Best For Learning Cybersecurity?
Self-study is an option for those who want to learn cybersecurity. Others like going to school or cybersecurity boot camps. Find a strategy that suits you and provides the cybersecurity resources you require to succeed.