How Much Do Cyber Security Jobs Pay: A Comprehensive Guide

Cybersecurity jobs are growing really fast. They’re expected to increase by 32% between 2022 and 2032. This means there will be about 16,800 new jobs every year.1

More firms need experts to protect them from cyberattacks. With technology’s role expanding, threats from tools like AI and deepfakes are increasing. The move to remote and mixed work has also found new vulnerabilities, which hackers try to use.

This surge in demand has made cybersecurity a hot sector. Reports show more than 572,000 job openings from September 2022 to August 2023.1 We’ll look at how much money people in this field make and how their pay increases with experience.

Understanding the Cybersecurity Job Market

The cybersecurity job market is booming because we rely more on technology than ever before. With this growth comes the increased danger of cyber attacks. By 2032, the U.S. Bureau of Labor Statistics predicts a 32% rise in cybersecurity jobs, creating 16,800 jobs each year.2 Meanwhile, from September 2022 to August 2023, CyberSeek found over 572,000 vacant cybersecurity positions.3

Demand for Cybersecurity Professionals

More and more, organizations want cybersecurity experts. They aim to protect their digital goods from cyber dangers. This demand gives cybersecurity professionals a stable and secure career path.3 Notably, the need for cybersecurity experts is growing 12 times faster than the overall job market in the U.S., says the National Initiative for Cybersecurity Careers and Studies.4

Growth Projections and Job Outlook

The future for cybersecurity jobs looks bright. The Bureau of Labor Statistics expects these jobs to increase by 33% through 2030.3 By 2021, there will be a gap of 3.5 million unfilled cybersecurity jobs, says the U.S. Department of Commerce.4

Key Industries Hiring Cybersecurity Experts

Several sectors are actively seeking cybersecurity professionals. This includes finance, insurance, and computer-system design areas. The BLS notes that these sectors top the list in hiring information security experts. To work in cybersecurity, you often need a degree in cybersecurity, computer science, or a related field. Some roles might consider an associate degree or solid experience instead.2 It’s also beneficial for cybersecurity workers to earn professional certifications to strengthen their skills.

how much do cyber security jobs pay

Entry-Level Cybersecurity Salaries

Entry-level cybersecurity jobs pay more than the average national salary. For these roles, the average annual pay is quite good. Here are a few examples: Cybersecurity Specialist ($92,901), Cybercrime Analyst ($101,019), Incident and Intrusion Analyst ($97,725), and IT Auditor ($98,805).5

Midlevel Cybersecurity Salaries

After 3-5 years, cybersecurity experts can move up. They might become a Cybersecurity Analyst ($107,346), Cybersecurity Consultant ($118,610), or a Penetration and Vulnerability Tester ($124,424).5

Advanced Cybersecurity Salaries

For advanced roles, like Cybersecurity Manager ($150,943), more experience of 10-15 years is needed. You could also aim for positions such as Cybersecurity Engineer ($131,768) or Cybersecurity Architect ($147,142).5

Conclusion

The cybersecurity field in the USA is quickly expanding, creating a lot of job demand. The Bureau of Labor Statistics (BLS) predicts a big 31% job increase by 2029. This is much higher than most other jobs that are growing at only 4%.6 This growth is due to the world using more technology, facing more cyber threats, and needing to keep our data safe.

According to Glassdoor, cyber jobs in the USA have an average salary of $123k a year. This is higher than jobs in cloud computing, IT, web development, networking, and computer science.7

Those in cybersecurity can make a lot of money. Entry positions often pay more than the nation’s average wage. Plus, moving up the ladder can get you a great salary.7

For example, a Cyber Security Analyst might start at $83k a year. That’s more at the start than what web developers earn. Also, Chief Information Security Officers (CISOs) make an average of $256,040 a year. As the field grows, those with the right skills and education will find good, well-paying jobs in cybersecurity.8

The future looks bright for cybersecurity jobs, with6 63% of companies saying they need more security IT staff in 2018. Growing in this career path means getting more certifications, some experience, and exploring specific jobs like penetration testing and cloud security. These roles often have high salaries.

Source Links

  1. https://www.forbes.com/advisor/education/it-and-tech/cybersecurity-salary-outlook/
  2. https://www.simplilearn.com/tutorials/cyber-security-tutorial/cyber-security-jobs
  3. https://digitalskills.wisc.edu/cybersecurity/everything-you-need-to-know-about-cybersecurity-careers/
  4. https://ischoolonline.berkeley.edu/blog/cybersecurity-salary/
  5. https://fortune.com/education/articles/here-are-5-of-the-highest-paying-cybersecurity-jobs/
  6. https://bootcamp.cvn.columbia.edu/blog/highest-paying-cyber-security-jobs-starting-salary-nyc/
  7. https://www.stationx.net/how-much-do-cyber-security-jobs-pay/
  8. https://www.nexford.edu/insights/highest-paying-cyber-security-jobs

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