Cyber Security Engineer Salary in 2023

Salary details

The average Cyber Security Engineer salary lies between USD 64,781 and USD 120,000 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

Top 20 Job Tags for Cyber Security Engineer roles

The three most common job tag items assiciated with Cyber Security Engineer job listings are Cloud, Compliance and Azure. Below you find a list of the 20 most occuring job tags in 2023 and the number of open jobs that where associated with them during that period:

Cloud | 140 jobs Compliance | 100 jobs Azure | 87 jobs AWS | 86 jobs SIEM | 82 jobs CISSP | 82 jobs Computer Science | 77 jobs Automation | 73 jobs Monitoring | 73 jobs Linux | 65 jobs Python | 64 jobs Clearance | 64 jobs Vulnerabilities | 63 jobs Windows | 62 jobs Firewalls | 60 jobs Scripting | 58 jobs GCP | 56 jobs Strategy | 55 jobs Risk management | 55 jobs Agile | 54 jobs

Top 20 Job Perks/Benefits for Cyber Security Engineer roles

The three most common job benefits and perks assiciated with Cyber Security Engineer job listings are Career development, Flex hours and Health care. Below you find a list of the 20 most occuring job perks or benefits in 2023 and the number of open jobs that where offering them during that period:

Career development | 150 jobs Flex hours | 115 jobs Health care | 72 jobs Team events | 57 jobs Competitive pay | 52 jobs Flex vacation | 46 jobs Salary bonus | 43 jobs Startup environment | 36 jobs Insurance | 35 jobs Equity / stock options | 23 jobs Wellness | 20 jobs Conferences | 14 jobs 401(k) matching | 13 jobs Parental leave | 13 jobs Medical leave | 13 jobs Gear | 7 jobs Travel | 5 jobs Relocation support | 5 jobs Unlimited paid time off | 5 jobs Snacks / Drinks | 4 jobs

Salary Composition

The salary for a Cyber Security Engineer typically comprises a fixed base salary, performance bonuses, and additional remuneration such as stock options or profit-sharing. The fixed base salary is the most substantial component, often accounting for 70-80% of the total compensation package. Bonuses can vary significantly depending on the company’s performance and individual achievements, usually ranging from 10-20% of the base salary. Additional remuneration, such as stock options, is more common in larger tech companies or startups and can be a significant part of the compensation in these environments. Regional differences also play a role; for instance, salaries in tech hubs like Silicon Valley or New York City tend to be higher due to the cost of living and demand for skilled professionals. Industry-specific factors can also influence salary composition, with sectors like finance and healthcare often offering higher compensation due to the critical nature of security in these fields.

Increasing Salary

To increase your salary from the position of a Cyber Security Engineer, consider pursuing advanced certifications or specialized training in emerging areas such as cloud security, AI security, or blockchain technology. Gaining expertise in these high-demand areas can make you more valuable to employers. Additionally, seeking leadership roles or transitioning into a managerial position can lead to higher compensation. Networking within the industry and attending conferences can also open up opportunities for higher-paying positions. Another strategy is to consider relocating to regions or industries that offer higher salaries for cybersecurity professionals.

Educational Requirements

Most Cyber Security Engineer positions require at least a bachelor's degree in computer science, information technology, or a related field. Some employers may prefer candidates with a master's degree, especially for more senior roles. A strong foundation in computer systems, networks, and security principles is essential. Coursework in cryptography, network security, and ethical hacking can be particularly beneficial. In some cases, extensive experience and relevant certifications can substitute for formal education.

Helpful Certifications

Certifications are highly valued in the cybersecurity field and can significantly enhance your qualifications. Some of the most recognized certifications include:

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

These certifications demonstrate a commitment to the field and a recognized level of expertise, often leading to better job prospects and higher salaries.

Required Experience

Typically, employers look for candidates with at least 2-5 years of experience in cybersecurity or related IT roles. Experience with network security, incident response, and vulnerability assessment is often required. Hands-on experience with security tools and technologies, such as firewalls, intrusion detection systems, and SIEM solutions, is also crucial. For more senior positions, 5-10 years of experience may be necessary, along with a proven track record of managing security projects or teams.

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