Cyber Security Manager Salary in 2023

Salary details

The average Cyber Security Manager salary lies between USD 111,207 and USD 150,000 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 Manager roles

The three most common job tag items assiciated with Cyber Security Manager job listings are Cloud, Incident response and Risk management. 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 | 27 jobs Incident response | 23 jobs Risk management | 21 jobs Agile | 20 jobs Monitoring | 19 jobs Strategy | 15 jobs Azure | 15 jobs DevSecOps | 15 jobs GCP | 14 jobs SIEM | 13 jobs Python | 13 jobs Kubernetes | 13 jobs CI/CD | 13 jobs SOC | 13 jobs Industrial | 12 jobs Risk assessment | 12 jobs DevOps | 12 jobs SOAR | 12 jobs Vulnerabilities | 11 jobs Cyber defense | 11 jobs

Top 20 Job Perks/Benefits for Cyber Security Manager roles

The three most common job benefits and perks assiciated with Cyber Security Manager job listings are Career development, Health care and Team events. 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 | 35 jobs Health care | 13 jobs Team events | 12 jobs Home office stipend | 11 jobs Salary bonus | 8 jobs Equity / stock options | 7 jobs Startup environment | 7 jobs Flex hours | 6 jobs Medical leave | 6 jobs Insurance | 6 jobs Flex vacation | 5 jobs Parental leave | 3 jobs Wellness | 3 jobs Relocation support | 3 jobs Fitness / gym | 2 jobs Competitive pay | 2 jobs 401(k) matching | 1 jobs Gear | 1 jobs

Salary Composition for a Cyber Security Manager

The salary for a Cyber Security Manager typically comprises a fixed base salary, performance-based bonuses, and additional remuneration such as stock options or benefits. The fixed base salary is the largest component and can vary significantly depending on the region, industry, and company size. For instance, tech hubs like Silicon Valley or New York City often offer higher base salaries compared to other regions due to the higher cost of living and demand for skilled professionals. In industries such as finance or healthcare, where data security is critical, salaries might be higher compared to other sectors. Bonuses are usually tied to individual performance, team performance, or company profitability and can range from 10% to 20% of the base salary. Additional remuneration might include stock options, especially in tech companies, or comprehensive benefits packages that include health insurance, retirement plans, and paid time off.

Steps to Increase Salary from a Cyber Security Manager Position

To increase your salary from a Cyber Security Manager position, consider pursuing advanced leadership roles such as Director of Cyber Security or Chief Information Security Officer (CISO). These roles typically command higher salaries and require a strategic vision for the organization's security posture. Networking within the industry and building a strong professional reputation can also open doors to higher-paying opportunities. Additionally, specializing in emerging areas of cybersecurity, such as cloud security or artificial intelligence security, can make you more valuable to employers. Continuous learning and staying updated with the latest trends and threats in cybersecurity can also position you for salary negotiations or promotions.

Educational Requirements for a Cyber Security Manager

Most Cyber Security Manager 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 in cybersecurity, information assurance, or business administration with a focus on information systems. A strong educational background provides the foundational knowledge necessary to understand complex security issues and manage a team effectively. Additionally, coursework in management or leadership can be beneficial for those looking to advance into higher-level positions.

Helpful Certifications for Cyber Security Managers

Certifications can significantly enhance your qualifications and demonstrate your expertise to potential employers. Common and highly regarded certifications for Cyber Security Managers include:

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

These certifications cover a range of skills and knowledge areas, from technical security measures to management and auditing, and are often considered essential for career advancement in cybersecurity.

Experience Required for a Cyber Security Manager Role

Typically, a Cyber Security Manager is expected to have 5 to 10 years of experience in the field of information security or IT. This experience should include hands-on technical work, such as network security, incident response, and vulnerability assessment, as well as experience in a leadership or managerial role. Experience in developing and implementing security policies, managing security projects, and leading a team of security professionals is also crucial. Employers look for candidates who have a proven track record of successfully managing security operations and mitigating risks.

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