IT Security Manager Salary in 2023

Salary details

The average IT Security Manager salary lies between USD 73,824 and USD 127,402 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 IT Security Manager roles

The three most common job tag items assiciated with IT Security Manager job listings are Compliance, Audits and CISSP. 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:

Compliance | 36 jobs Audits | 26 jobs CISSP | 23 jobs Cloud | 21 jobs Vulnerability management | 15 jobs Incident response | 13 jobs GDPR | 13 jobs Monitoring | 13 jobs Vulnerabilities | 12 jobs ISO 27001 | 12 jobs ITIL | 12 jobs Computer Science | 12 jobs CISM | 11 jobs CompTIA | 11 jobs CRISC | 11 jobs SharePoint | 11 jobs Firewalls | 10 jobs SOC 2 | 9 jobs Risk management | 9 jobs Banking | 8 jobs

Top 20 Job Perks/Benefits for IT Security Manager roles

The three most common job benefits and perks assiciated with IT Security Manager job listings are Team events, Career development and Flex hours. 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:

Team events | 19 jobs Career development | 18 jobs Flex hours | 17 jobs Startup environment | 15 jobs Health care | 7 jobs Salary bonus | 6 jobs Flex vacation | 5 jobs Competitive pay | 5 jobs Pet friendly | 5 jobs Equity / stock options | 3 jobs Parental leave | 2 jobs Medical leave | 2 jobs Unlimited paid time off | 2 jobs Wellness | 1 jobs Fitness / gym | 1 jobs Conferences | 1 jobs Snacks / Drinks | 1 jobs

Salary Composition for IT Security Managers

The salary composition for an IT Security Manager typically includes a fixed base salary, performance-based bonuses, and additional remuneration such as stock options or benefits. The fixed salary often constitutes the majority of the total compensation package, ranging from 70% to 85%. Bonuses can vary significantly depending on the company's performance and individual achievements, usually accounting for 10% to 20% of the total salary. Additional remuneration, such as stock options, profit-sharing, or comprehensive benefits packages, can make up the remaining 5% to 10%.

Regional differences play a significant role in salary composition. For instance, IT Security Managers in tech hubs like Silicon Valley or New York City might receive higher base salaries and stock options due to the competitive market. Industry also impacts salary composition; those working in finance or healthcare may receive higher bonuses due to the critical nature of security in these sectors. Company size can influence the availability of stock options or profit-sharing, with larger companies more likely to offer these incentives.

Steps to Increase Salary

To increase your salary from the position of an IT Security Manager, consider the following strategies:

• Pursue 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.
• Expand Your Skill Set: Develop expertise in emerging areas like cloud security, artificial intelligence, or blockchain technology, which are in high demand.
• Seek Leadership Roles: Transitioning into higher-level roles such as Director of Security or Chief Information Security Officer (CISO) can significantly increase your earning potential.
• Negotiate Effectively: Regularly review industry salary benchmarks and be prepared to negotiate your salary during performance reviews or when taking on additional responsibilities.
• Network and Build Reputation: Engage with professional networks and contribute to industry forums or conferences to build your reputation and open up opportunities for higher-paying roles.

Educational Requirements

Most IT 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 a solid foundation in technical skills and strategic thinking necessary for the role.

Helpful Certifications

Certifications are highly valued in the cybersecurity field and can significantly enhance your qualifications. Some of the most beneficial certifications for an IT Security Manager include:

• Certified Information Systems Security Professional (CISSP): Recognized globally, this certification demonstrates your ability to design, implement, and manage a best-in-class cybersecurity program.
• Certified Information Security Manager (CISM): Focuses on managing and governing an enterprise's information security program.
• Certified Ethical Hacker (CEH): Provides skills in identifying and addressing security vulnerabilities.
• CompTIA Security+: A foundational certification that covers essential principles for network security and risk management.

Required Experience

Typically, an IT Security Manager is expected to have 5 to 10 years of experience in information security or a related field. This experience should include hands-on technical work, as well as strategic planning and management. Experience in leading security teams, managing security projects, and developing security policies is often required. Additionally, familiarity with compliance standards such as GDPR, HIPAA, or PCI-DSS is advantageous.

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