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How Much Do Cyber Security Jobs Pay? Find Out

How Much Do Cyber Security Jobs Pay? Find Out

As cyberattacks keep increasing, businesses and individuals are seeking professionals who can safeguard sensitive information and ensure the security of their systems. With the demand for cybersecurity experts skyrocketing, so too are the lucrative salaries attached to these roles.

The cybersecurity job market is expected to see a steady rise, with job openings projected to reach 3.5 million globally by 2025.

This shortage of skilled workers is expected to continue driving up salaries across the board.

Industries such as finance, healthcare, and government will likely offer the highest salaries due to the sensitive nature of the data they handle. Cloud security and AI-based security expertise are predicted to be especially lucrative fields in the coming years​.

If you’ve ever wondered how much do cyber security jobs pay, or how you can earn more whether you are a beginner or an expert, this article will serve as a guide. 

We’ll discuss the various types of cybersecurity jobs and salaries and explore what you can expect to earn at different stages of your career. We will also provide insights on how to become a cybersecurity expert in today’s competitive job market.

The 5-Day Cybersecurity Job Challenge with the seasoned expert Tolulope Michael is an opportunity for you to understand the most effective method of landing a six-figure cybersecurity job.

How Much Does a Cybersecurity Expert Make

Cybersecurity RoleAverage Salary (US)Key Details
Chief Information Security Officer (CISO)$150,000 – $300,000Senior-level role overseeing all security efforts in an organization.
Security Architect$120,000 – $160,000Designs and implements secure systems and infrastructures.
Penetration Tester (Ethical Hacker)$90,000 – $130,000Simulates cyberattacks to identify vulnerabilities in systems.
Cybersecurity Engineer$100,000 – $130,000Develops and maintains security measures and protocols.
Cloud Security Specialist$100,000 – $150,000Secures data on cloud platforms (AWS, Azure).
Malware Analyst$80,000 – $110,000Analyzes and countersact malware threats.
Entry-Level Security Analyst$60,000 – $80,000Monitors security systems, identifies vulnerabilities.
How Much Does a Cybersecurity Expert Make

RELATED: What Is Indicator Lifecycle in Cybersecurity?

How Can I Be a Cybersecurity Expert

Cybersecurity myths you need to stop believing

As the digital space continues to expand, the demand for cybersecurity professionals has reached unprecedented levels. With businesses and governments becoming increasingly reliant on digital infrastructure, the frequency and complexity of cyberattacks have grown as well.

According to reports, cyberattacks now occur every 39 seconds, putting immense pressure on organizations to safeguard their systems and data. This has created a global demand for skilled cybersecurity experts, making it one of the fastest-growing career fields.

Cybersecurity Jobs Landscape

In the modern digital age, cybersecurity has become a fundamental necessity for every industry. Sectors such as healthcare, finance, and government are heavily reliant on skilled professionals to protect sensitive information from cyber threats. These industries, which handle critical data, are among the top employers of cybersecurity talent.

The rise of cybercrime has led to a shortage of qualified professionals. By 2023, it was projected that over 1 million cybersecurity jobs will be available, but fewer than 400,000 professionals will be adequately trained to fill them. As organizations face a growing wave of cyber threats, the job market continues to widen, providing immense opportunities for individuals looking to enter the field.

Cybersecurity Job Growth in the United States

In the United States, the Bureau of Labor Statistics (BLS) projects a 35% growth rate for information security analysts from 2021 to 2031, which is much faster than the average for all occupations. 

This surge is fueled by an increasing need for robust security systems to protect against data breaches, ransomware, and other cyberattacks. As digital transformation continues across industries, the demand for cybersecurity talent in the U.S. will only increase, with lucrative salaries to match.

SEE ALSO: Entry Level Cybersecurity Jobs with No Experience

Types of Cybersecurity Jobs and Salary

Cybersecurity Career Outlook

Cybersecurity is a broad field with a variety of roles, each with its own focus and level of responsibility. These roles require different skill sets, offer different salary ranges, and have varying paths to specialization. Whether you’re just starting in cybersecurity or you’re already an experienced professional, understanding these job roles and their corresponding salaries is crucial for career planning.

Popular Cybersecurity Job Roles

  1. Chief Information Security Officer (CISO):
    • Role: A CISO is a senior-level executive responsible for overseeing an organization’s information security strategy. They manage cybersecurity teams, develop security policies, and ensure compliance with regulatory standards.
    • Salary: In the U.S., CISOs earn some of the highest salaries in the industry, with average annual pay ranging from $150,000 to $300,000, depending on the size of the organization and the industry.
  2. Security Architect:
    • Role: Security architects design and build secure IT systems. They focus on preventing unauthorized access and ensuring that the infrastructure can resist attacks.
    • Salary: The average salary for security architects in the U.S. is between $120,000 and $160,000 annually.
  3. Penetration Tester (Ethical Hacker):
    • Role: Penetration testers simulate cyberattacks to identify vulnerabilities in a company’s systems. They work closely with cybersecurity teams to test the strength of security measures.
    • Salary: On average, penetration testers earn between $90,000 and $130,000 per year in the U.S.
  4. Malware Analyst:
    • Role: Malware analysts focus on understanding and counteracting malicious software. They analyze different forms of malware, such as viruses and ransomware, and develop defense strategies.
    • Salary: In the U.S., malware analysts earn an average salary of $80,000 to $110,000 per year.
  5. Cybersecurity Engineer:
    • Role: Cybersecurity engineers develop and implement systems and protocols to protect organizations from cyber threats. They work on maintaining firewalls, encryption, and other security features.
    • Salary: Cybersecurity engineers in the U.S. typically earn between $90,000 and $130,000 annually, with salaries rising significantly as experience and responsibility increase.
  6. Cloud Security Specialist:
    • Role: As more companies move to cloud-based systems, cloud security specialists ensure the security of data stored on cloud platforms like AWS or Azure.
    • Salary: Cloud security specialists in the U.S. earn between $100,000 and $150,000 per year.

Salary Ranges Across Cybersecurity Roles

Salaries in cybersecurity vary depending on the role, location, and level of experience. While entry-level roles such as cybersecurity analysts start at around $60,000 to $80,000 per year, senior-level positions like CISOs can command six-figure salaries that go well beyond $200,000. 

Additionally, job roles in high-demand industries, such as finance and healthcare, often offer higher salaries due to the sensitivity of the data they handle.

Global Variation in Cybersecurity Salaries

While the U.S. offers some of the highest-paying cybersecurity jobs, the demand for cybersecurity professionals is global. Countries such as the UK, Germany, and India are also seeing a rise in the need for skilled professionals. 

In India, for instance, a cybersecurity engineer can expect to earn between ₹700,000 and ₹2,000,000 per year, depending on the level of experience and certifications held.

READ MORE: 10 Most Popular ​​Entry-Level Cybersecurity Jobs

How Much Do Cybersecurity Experts Make?

Cyber Security Statistics 2024 Facts
Cyber Security Statistics 2024 Facts

Cybersecurity professionals are well compensated for their expertise, particularly as the demand for their skills continues to grow. Salaries vary depending on location, job role, level of experience, and the specific sector within cybersecurity. We will break down how much cybersecurity professionals earn, from entry-level positions to senior roles.

Cyber Security Salary Per Month

Cybersecurity professionals in the U.S. can earn an average monthly salary of around $8,000 to $13,000, depending on the position. For instance:

  • Entry-level roles like security analysts can expect to earn around $5,000 to $7,500 per month.
  • Mid-level roles like cybersecurity engineers or penetration testers typically earn between $8,500 to $11,000 monthly.
  • Senior roles like CISOs can command salaries as high as $20,000 to $25,000 per month.

These numbers reflect how well cybersecurity professionals are compensated, considering the critical nature of their work in protecting digital infrastructure.

Cybersecurity Salary Per Hour

While most cybersecurity jobs are salaried, some freelance or contract-based cybersecurity professionals earn by the hour. This is especially common for roles like penetration testers, security consultants, and freelance ethical hackers.

  • Entry-level hourly rates can range from $30 to $50 per hour.
  • Mid-level professionals with more experience or specialized skills may earn between $60 to $100 per hour.
  • Senior consultants or freelancers with advanced certifications can command rates upwards of $150 per hour, depending on the complexity of the project.

Cybersecurity Salary Entry Level

Entry-level cybersecurity jobs offer solid starting salaries, especially compared to other tech roles. On average, an entry-level position such as a junior security analyst or penetration tester will earn:

  • United States: $60,000 to $80,000 annually, depending on certifications and location.
  • UK: £25,000 to £40,000 per year.
  • India: ₹500,000 to ₹1,000,000 per year.

Many entry-level professionals boost their earning potential by acquiring industry certifications such as CompTIA Security+ or Certified Ethical Hacker (CEH).

SEE: Risk Management Jobs and Salaries

How Much Do Cybersecurity Experts Earn in the United States?

Recruitment and Staffing in Cyber Security Market 2024 Future Scope, Demands and Growth till 2032
Recruitment and Staffing in Cyber Security Market 2024 Future Scope, Demands and Growth till 2032

The United States is one of the top markets for cybersecurity professionals, and salaries in this field reflect the high demand for skilled workers. Across various roles, cybersecurity professionals in the U.S. can expect to earn competitive salaries that far exceed the national average for many other occupations.

Cyber Security Salary in the U.S.

Cybersecurity salaries in the U.S. vary widely based on the job role, location, and experience. Here’s a breakdown of some key roles and their corresponding salary ranges:

  1. Chief Information Security Officer (CISO):
    • Average Salary: $150,000 to $300,000 per year.
    • Top Industries: Finance, healthcare, government.
    • CISOs oversee entire security infrastructures and are responsible for the overall security strategy of an organization, making this one of the highest-paying roles in the industry.
  2. Security Architect:
    • Average Salary: $120,000 to $160,000 per year.
    • Security architects design and implement security systems and infrastructure, ensuring they are capable of withstanding potential attacks.
  3. Penetration Tester:
    • Average Salary: $90,000 to $130,000 per year.
    • These ethical hackers test and exploit vulnerabilities in a company’s systems to help strengthen defenses.
  4. Cybersecurity Engineer:
    • Average Salary: $100,000 to $130,000 per year.
    • Cybersecurity engineers focus on designing security solutions, maintaining security protocols, and safeguarding network and data systems.
  5. Cloud Security Specialist:
    • Average Salary: $100,000 to $150,000 per year.
    • As companies increasingly adopt cloud-based systems, cloud security specialists ensure the safety and integrity of data stored in cloud environments like AWS, Azure, and Google Cloud.

Salary Differences by Region

Salaries for cybersecurity professionals also vary based on geographic location, with cities known for their tech industries typically offering higher wages. Here’s a quick snapshot of cybersecurity salaries in major U.S. cities:

  • San Francisco, CA: $130,000 to $200,000 per year.
  • New York, NY: $110,000 to $180,000 per year.
  • Austin, TX: $100,000 to $160,000 per year.
  • Washington, D.C.: $120,000 to $190,000 per year.

Salaries in smaller towns and less tech-centric regions may be lower, but demand for cybersecurity professionals remains high nationwide, ensuring competitive wages across the board.

Cyber Security Salary After 5 Years

With five years of experience, cybersecurity professionals can see significant salary increases. Here are typical salary ranges after five years in the industry:

  • Penetration Tester: $120,000 to $160,000 annually.
  • Security Engineer: $130,000 to $160,000 annually.
  • Security Architect: $140,000 to $180,000 annually.

As cybersecurity professionals gain experience, acquire additional certifications, and specialize in particular areas like cloud security or risk management, their salaries continue to grow, making this a lucrative field for long-term career development.

READ ALSO: Cybersecurity Jobs: A Comprehensive Guide

Factors Influencing Cybersecurity Salaries

The Future of Cybersecurity Job Market 2024
The Future of Cybersecurity Job Market 2024

Several factors play a critical role in determining how much a cybersecurity professional can earn. While job role and experience are key elements, additional factors such as skill set, industry, geographical location, and certifications also significantly impact cybersecurity salaries.

Skill Set and Certifications

The specific skill set and certifications a cybersecurity professional holds can have a profound effect on salary levels. Some of the most in-demand skills include:

  • Ethical Hacking and Penetration Testing: Knowledge in identifying and exploiting system vulnerabilities is highly valued, with certifications like Certified Ethical Hacker (CEH) boosting earning potential.
  • Cloud Security: As organizations migrate to cloud platforms, professionals with cloud security certifications (e.g., AWS Certified Security Specialist) command higher salaries.
  • Incident Response and Threat Hunting: Professionals skilled in identifying, analyzing, and responding to cyber threats are highly sought after, particularly in industries handling sensitive data like finance and healthcare.

Certifications such as Certified Information Systems Security Professional (CISSP), Certified Information Security Manager (CISM), and CompTIA Security+ can significantly enhance earning potential. For example, professionals holding a CISSP certification earn an average of 20-25% more than their uncertified counterparts.

Industry and Geographical Location

The industry in which a cybersecurity professional works plays a major role in salary levels. Industries that handle sensitive information, such as finance, healthcare, and government, tend to offer higher salaries due to the critical nature of data protection. 

For example, cybersecurity professionals working in finance or defense often earn more than those in retail or education.

Geography also impacts earnings. In regions with a high cost of living and a dense tech industry, such as Silicon Valley or New York City, salaries are significantly higher. Conversely, in smaller towns or areas with less tech infrastructure, cybersecurity professionals may earn less, although demand remains strong across the country.

Education and Experience

While some entry-level roles can be accessed with certifications alone, having a formal degree 

in cybersecurity, computer science, or a related field can improve long-term earning potential. More advanced positions often require both experience and higher education, such as a master’s degree in cybersecurity or information security management.

Experience is perhaps the most significant factor in determining salary progression. A cybersecurity professional with five or more years of experience can see substantial increases in salary as they move into senior or specialized roles, such as Security 

How to Become a Cybersecurity Expert

Challenges security teams face when trying to reduce risk.
Challenges security teams face when trying to reduce risk.

Becoming a cybersecurity expert requires a combination of education, certifications, practical experience, and continuous learning. 

Given the complexity of modern digital threats, cybersecurity professionals must stay ahead of the curve, mastering new technologies and techniques as they emerge. Below is a guide to the steps you need to follow to become a cybersecurity expert.

Educational Pathways

While a formal degree is not always mandatory to enter the field, having a background in computer science, information technology, or cybersecurity can provide a strong foundation for your career. 

Many cybersecurity professionals start with a bachelor’s degree in these areas, which gives them essential knowledge in networking, operating systems, and programming.

For those looking to advance into leadership roles, such as Chief Information Security Officer (CISO) or Security Architect, a master’s degree in cybersecurity or a related field can be beneficial. 

Programs that focus on information security management, cryptography, and network security offer the advanced skills needed to thrive in these positions.

Certifications to Get Started

Certifications are crucial in cybersecurity, and obtaining the right credentials can significantly impact your job prospects and salary. Below are some key certifications for aspiring cybersecurity experts:

  1. CompTIA Security+: An entry-level certification that covers fundamental security concepts and practices. It’s ideal for beginners who want to start their careers in cybersecurity.
  2. Certified Ethical Hacker (CEH): This certification is designed for professionals who want to specialize in penetration testing and ethical hacking, testing the security of networks by identifying vulnerabilities.
  3. Certified Information Systems Security Professional (CISSP): A more advanced certification aimed at experienced professionals. CISSP is often required for senior-level positions, as it validates expertise in designing, implementing, and managing security programs.
  4. Certified Information Security Manager (CISM): This certification is particularly valuable for professionals looking to move into management or leadership roles within cybersecurity.

MORE: Which Degree Should I Pursue Cyber Security or Computer Engineering

How Much Do Cyber Security Jobs Pay? Building Experience

Cybersecurity is too big for governments
Cybersecurity is too big for governments

In addition to education and certifications, practical experience is vital to becoming a cybersecurity expert. Many professionals start their careers in related fields, such as IT support or network administration, where they gain foundational technical knowledge.

Internships, entry-level roles, or apprenticeships in cybersecurity are excellent ways to build hands-on experience. Participating in cybersecurity competitions, working on open-source projects, or volunteering for cybersecurity roles in non-profits can also provide valuable experience early in your career.

Continuous Learning

Cybersecurity is a rapidly evolving field, and professionals need to stay updated with the latest technologies, cyber threats, and security solutions. Pursuing advanced certifications, attending workshops, and participating in cybersecurity conferences are essential ways to continue learning.

Networking with other cybersecurity professionals through forums and groups (like ISACA or (ISC)²) can also provide access to industry trends, job opportunities, and mentorship. Platforms like LinkedIn or attending local meetups for cybersecurity professionals can help build a network that facilitates career growth.

Career Growth in Cybersecurity

Job in Cybersecurity
Job in Cybersecurity

A career in cybersecurity offers numerous opportunities for growth and advancement, making it one of the most dynamic fields in the tech industry. 

As professionals gain experience and specialize in niche areas, they can climb the career ladder, moving into leadership positions or becoming highly sought-after experts in specific cybersecurity domains.

Specializing in a Niche

Cybersecurity is a broad field with several areas of specialization. As professionals progress in their careers, focusing on a specific niche can enhance their expertise and earning potential. Some of the most in-demand specializations include:

  1. Penetration Testing (Ethical Hacking): Professionals in this field focus on testing systems for vulnerabilities by simulating cyberattacks. This niche is highly technical and demands a deep understanding of how hackers operate.
  2. Cloud Security: As businesses continue to migrate to cloud-based platforms, experts who specialize in cloud security (e.g., AWS, Azure) are increasingly valuable. They focus on ensuring the security of data and applications stored on the cloud.
  3. Digital Forensics: Digital forensics specialists analyze digital devices for evidence following cyberattacks or security breaches. They play a critical role in investigating incidents and helping organizations understand the nature of cyber threats.
  4. Incident Response: Incident responders are experts in detecting, analyzing, and responding to security breaches. They are critical in minimizing the damage caused by cyberattacks and quickly restoring systems to full functionality.

By specializing in these or other areas, professionals can distinguish themselves from the broader cybersecurity talent pool, leading to higher-paying roles and greater career opportunities.

Climbing the Career Ladder

Many cybersecurity professionals start in entry-level positions such as Security Analyst or Junior Penetration Tester and move up to more senior roles over time. The career trajectory for cybersecurity professionals often follows this path:

  1. Entry-Level Roles: Positions like Security Analyst or Network Security Administrator provide foundational experience in monitoring security systems, analyzing threats, and implementing basic security measures.
  2. Mid-Level Roles: After gaining experience, professionals can move into roles such as Security Engineer, Penetration Tester, or Security Architect, where they design, implement, and test security systems.
  3. Senior-Level Roles: With years of experience and additional certifications, professionals can advance to leadership roles such as Security Manager or Chief Information Security Officer (CISO), overseeing entire cybersecurity programs and teams.

Each step up the ladder typically comes with increased responsibility, a broader scope of work, and significantly higher pay. 

Professionals moving into senior or executive-level roles also need strong leadership, communication, and strategic planning skills, as these positions often require managing teams and coordinating security efforts across the organization.

ALSO: Comptia Cybersecurity Analyst Vs Security+: A Comprehensive Analysis

Work-Life Balance and Remote Opportunities

One of the major advantages of a cybersecurity career is the flexibility it offers. Many roles in cybersecurity can be performed remotely, which has become increasingly important in today’s work environment. 

Companies across the globe are now offering remote cybersecurity positions, allowing professionals to work from anywhere while still protecting critical systems.

Additionally, cybersecurity offers strong job stability and work-life balance, especially as demand for these roles continues to grow. The ability to work remotely and the high compensation make cybersecurity a highly attractive career for individuals seeking flexibility and financial security.

Conclusion

A career in cybersecurity is both financially rewarding and professionally fulfilling. With the rise of cyberattacks and the increasing reliance on digital infrastructures, cybersecurity professionals are in high demand across industries. The field offers a variety of job roles, each with competitive salaries and opportunities for growth, from entry-level positions to senior leadership roles like Chief Information Security Officer (CISO).

Cybersecurity professionals not only enjoy strong salaries but also have the chance to specialize in niches that align with their interests and skill sets. Whether it’s ethical hacking, cloud security, or incident response, the diverse range of roles makes cybersecurity an attractive career for tech enthusiasts looking for both challenge and stability.

If you’re considering a career in this dynamic field, now is the time to start. By acquiring the right education, certifications, and hands-on experience, you can position yourself as a highly sought-after expert in the industry. Continuous learning and staying ahead of the latest security trends will further enhance your career, leading to long-term success and financial growth.

In summary, cybersecurity professionals can expect competitive salaries, job security, and a clear path for advancement. With the ever-growing need for skilled experts, pursuing a career in cybersecurity is not only a smart choice but also a rewarding one, both professionally and financially.

FAQ

Is cyber security high paying?

Cybersecurity is considered a high-paying field. Salaries can vary widely depending on factors like job role, experience, certifications, and geographic location.

Entry-level cybersecurity roles often start with competitive pay, and as professionals gain experience and specialize in areas such as ethical hacking, cloud security, or penetration testing, their earning potential increases significantly.

Senior-level roles, like Chief Information Security Officer (CISO), can earn salaries well into six figures.

How much is cyber security paid in Nigeria? 

In Nigeria, cybersecurity professionals’ salaries vary depending on experience and certifications. Entry-level roles may start at ₦1.5 million to ₦3 million annually, while more experienced professionals, especially those with specialized certifications like CISSP or CEH, can earn upwards of ₦5 million to ₦10 million annually.

Senior roles, such as cybersecurity managers or consultants, can command even higher salaries, depending on the industry and company size.

Do you make a lot of money in cyber security? 

You can make a significant amount of money in cybersecurity, especially as you progress in your career. With the growing demand for skilled cybersecurity professionals and a limited supply of talent, cybersecurity experts often earn higher-than-average salaries compared to other IT roles.

Entry-level positions offer solid pay, and with experience, certifications, and specialized skills, cybersecurity professionals can expect substantial salary increases.

How much do cyber security jobs pay in the US? 

In the United States, cybersecurity jobs pay well above the national average for most occupations. Entry-level positions typically start around $60,000 to $90,000 per year, depending on location and qualifications. Mid-level roles, such as security engineers or analysts, can earn between $100,000 and $130,000 annually.

Senior-level positions, like Chief Information Security Officers (CISO), can earn well over $200,000 per year, especially in industries such as finance, healthcare, and government.

If you’re ready to take the next step in your cybersecurity journey? You can do that with an expert beside you to guide you through without having to stress much. Schedule a one-on-one consultation with Tolulope Michael, a cybersecurity professional with over a decade of field experience. This will allow you to gain personalized insights and guidance tailored to your career goals.
Visit tolumichael.com now to book your session. This is your opportunity to embark on your cybersecurity career with confidence. Don’t miss out!

Tolulope Michael

Tolulope Michael

Tolulope Michael is a multiple six-figure career coach, internationally recognised cybersecurity specialist, author and inspirational speaker.Tolulope has dedicated about 10 years of his life to guiding aspiring cybersecurity professionals towards a fulfilling career and a life of abundance.As the founder, cybersecurity expert, and lead coach of Excelmindcyber, Tolulope teaches students and professionals how to become sought-after cybersecurity experts, earning multiple six figures and having the flexibility to work remotely in roles they prefer.He is a highly accomplished cybersecurity instructor with over 6 years of experience in the field. He is not only well-versed in the latest security techniques and technologies but also a master at imparting this knowledge to others.His passion and dedication to the field is evident in the success of his students, many of whom have gone on to secure jobs in cyber security through his program "The Ultimate Cyber Security Program".

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