Cyber Security Project Manager Salary in 2024

Salary details

The average Cyber Security Project Manager salary lies between USD 110,000 and USD 218,500 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

Top 20 Job Tags for Cyber Security Project Manager roles

The three most common job tag items assiciated with Cyber Security Project Manager job listings are Compliance, Governance and Agile. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

Compliance | 14 jobs Governance | 14 jobs Agile | 12 jobs Strategy | 10 jobs NIST | 10 jobs Risk management | 9 jobs CISSP | 8 jobs SIEM | 7 jobs Vulnerabilities | 7 jobs Cloud | 7 jobs SCADA | 6 jobs ICS | 6 jobs Industrial | 6 jobs Malware | 6 jobs Nmap | 6 jobs Kali | 6 jobs GICSP | 6 jobs CSSA | 6 jobs Linux | 6 jobs Windows | 6 jobs

Top 20 Job Perks/Benefits for Cyber Security Project Manager roles

The three most common job benefits and perks assiciated with Cyber Security Project Manager job listings are Career development, Health care and Equity / stock options. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 21 jobs Health care | 17 jobs Equity / stock options | 9 jobs Insurance | 9 jobs Flex hours | 8 jobs Startup environment | 8 jobs Competitive pay | 6 jobs Relocation support | 6 jobs Parental leave | 4 jobs Travel | 4 jobs 401(k) matching | 3 jobs Team events | 3 jobs Medical leave | 3 jobs Salary bonus | 3 jobs Gear | 2 jobs Home office stipend | 2 jobs Transparency | 1 jobs Signing bonus | 1 jobs

Salary Composition

The salary for a Cyber Security Project Manager typically comprises a fixed base salary, performance bonuses, and additional remuneration such as stock options or benefits. The fixed base salary often constitutes the majority of the total compensation package, usually ranging from 70% to 85%. Performance bonuses can vary significantly depending on the company and industry, often making up 10% to 20% of the total salary. Additional remuneration, such as stock options, profit-sharing, or comprehensive benefits packages, can account for the remaining 5% to 10%.

Regional differences can also impact salary composition. For instance, positions in tech hubs like Silicon Valley or New York may offer higher base salaries and stock options, while roles in smaller markets might focus more on bonuses and benefits. Industry-wise, financial services and technology companies often provide more lucrative compensation packages compared to sectors like healthcare or education. Larger companies may offer more comprehensive benefits and stock options, while smaller firms might provide higher bonuses to attract talent.

Increasing Salary

To increase your salary further from the position of a Cyber Security Project Manager, consider the following strategies:

• Skill Enhancement: Continuously update your skills and knowledge in emerging cybersecurity trends and technologies. Specializing in niche areas like cloud security or AI-driven security solutions can make you more valuable.

• Advanced Certifications: Obtaining advanced certifications such as Certified Information Systems Security Professional (CISSP) or Certified Information Security Manager (CISM) can enhance your credentials and justify a higher salary.

• Leadership Roles: Aim for leadership roles such as Director of Cybersecurity or Chief Information Security Officer (CISO), which typically come with higher compensation.

• Networking: Build a strong professional network within the industry. Networking can open up opportunities for higher-paying positions and provide insights into salary trends.

• Negotiation Skills: Improve your negotiation skills to effectively advocate for salary increases during performance reviews or when transitioning to new roles.

Educational Requirements

Most Cyber Security Project Manager positions require at least a bachelor's degree in a related field such as Computer Science, Information Technology, or Cybersecurity. Some employers may prefer candidates with a master's degree in Cybersecurity, Business Administration, or a related discipline, especially for senior roles. A strong educational background provides a solid foundation in both technical and managerial aspects of cybersecurity projects.

Helpful Certifications

Certifications play a crucial role in establishing credibility and expertise in the cybersecurity field. Some common and helpful certifications for a Cyber Security Project Manager include:

• Certified Information Systems Security Professional (CISSP): Recognized globally, this certification demonstrates a deep understanding of cybersecurity principles and practices.

• Certified Information Security Manager (CISM): Focuses on managing and governing information security programs, making it ideal for managerial roles.

• Project Management Professional (PMP): While not specific to cybersecurity, this certification is valuable for demonstrating project management skills.

• Certified Information Systems Auditor (CISA): Useful for understanding audit processes and ensuring compliance with security standards.

Required Experience

Typically, a Cyber Security Project Manager is expected to have 5 to 10 years of experience in the cybersecurity field. This experience should include a mix of technical roles, such as security analyst or engineer, and project management positions. Experience in managing cross-functional teams, overseeing security projects, and implementing security protocols is highly valued. Additionally, familiarity with industry-specific regulations and compliance standards is often required.

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