Cyber Security Engineer Salary in 2021

Salary details

The average Cyber Security Engineer salary lies between USD 74,000 and USD 140,000 globally. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Nov. 17, 2024

Salary trend

Salary Composition

The salary composition for a Cyber Security Engineer can vary significantly based on factors such as region, industry, and company size. Typically, the salary is composed of a fixed base salary, which forms the bulk of the compensation package. In addition to the base salary, many companies offer performance-based bonuses, which can range from 5% to 20% of the base salary, depending on the company's profitability and the individual's performance. Additional remuneration may include stock options, especially in tech companies or startups, and benefits such as health insurance, retirement plans, and paid time off. In regions with a high cost of living, such as the San Francisco Bay Area or New York City, salaries tend to be higher to compensate for the increased expenses. Similarly, larger companies or those in high-demand industries like finance or technology may offer more competitive compensation packages.

Increasing Salary

To increase your salary from the position of a Cyber Security Engineer, consider pursuing advanced certifications or further education, such as a master's degree in cybersecurity or a related field. Gaining specialized skills in areas like cloud security, penetration testing, or threat intelligence can make you more valuable to employers. Additionally, seeking leadership roles or responsibilities, such as managing a team or leading significant projects, can position you for promotions and salary increases. Networking within the industry and staying updated with the latest trends and technologies can also open up opportunities for higher-paying roles.

Educational Requirements

Most Cyber Security Engineer positions require at least a bachelor's degree in computer science, information technology, cybersecurity, or a related field. Some employers may accept equivalent work experience in lieu of a degree, but having formal education can provide a strong foundation in the necessary technical skills and concepts. Advanced positions or roles in specialized areas may require a master's degree or higher.

Helpful Certifications

Certifications can significantly enhance your qualifications and demonstrate your expertise to potential employers. Some of the most recognized and helpful certifications for a Cyber Security Engineer include:

• Certified Information Systems Security Professional (CISSP)
• Certified Ethical Hacker (CEH)
• Certified Information Security Manager (CISM)
• CompTIA Security+
• Offensive Security Certified Professional (OSCP)
• Certified Cloud Security Professional (CCSP)

These certifications cover a range of skills and knowledge areas, from general cybersecurity principles to specific technical skills like ethical hacking and cloud security.

Required Experience

The typical experience required for a Cyber Security Engineer role ranges from 2 to 5 years in IT or cybersecurity-related positions. Employers often look for candidates with hands-on experience in network security, system administration, or security analysis. Experience with specific tools and technologies, such as firewalls, intrusion detection systems, and security information and event management (SIEM) systems, is also highly valued.

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