Security Manager Salary in 2024

Salary details

The average Security Manager salary lies between USD 112,600 and USD 220,000 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

Top 20 Job Tags for Security Manager roles

The three most common job tag items assiciated with Security Manager job listings are Compliance, CISSP and Risk management. 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 | 558 jobs CISSP | 414 jobs Risk management | 362 jobs Monitoring | 327 jobs Cloud | 321 jobs NIST | 320 jobs Audits | 318 jobs CISM | 312 jobs Computer Science | 306 jobs Risk assessment | 278 jobs Clearance | 272 jobs Vulnerabilities | 255 jobs Incident response | 235 jobs RMF | 228 jobs Strategy | 218 jobs DoD | 197 jobs IAM | 170 jobs Governance | 165 jobs Privacy | 164 jobs ISO 27001 | 162 jobs

Top 20 Job Perks/Benefits for Security Manager roles

The three most common job benefits and perks assiciated with Security Manager job listings are Career development, Health care and Flex hours. 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 | 421 jobs Health care | 319 jobs Flex hours | 202 jobs Competitive pay | 176 jobs Team events | 172 jobs Insurance | 152 jobs Equity / stock options | 127 jobs Medical leave | 127 jobs Startup environment | 116 jobs Parental leave | 110 jobs Flex vacation | 101 jobs Salary bonus | 101 jobs 401(k) matching | 93 jobs Wellness | 71 jobs Relocation support | 40 jobs Fitness / gym | 32 jobs Flexible spending account | 29 jobs Home office stipend | 24 jobs Travel | 23 jobs Conferences | 23 jobs

Salary Composition

The salary for a Security Manager in the InfoSec/Cyber Security field typically comprises a fixed base salary, performance bonuses, and additional remuneration such as stock options or profit-sharing. The composition can vary significantly based on region, industry, and company size. In North America, particularly in tech hubs like Silicon Valley, the base salary might be higher, but bonuses and stock options can also form a substantial part of the total compensation package. In contrast, in regions with a lower cost of living, the base salary might be lower, but companies may offer more competitive bonuses to attract talent. Industries such as finance and healthcare, which have stringent security requirements, often offer higher salaries compared to other sectors. Larger companies might provide more comprehensive benefits and bonuses, while smaller companies might offer equity or profit-sharing to compensate for a lower base salary.

Increasing Salary

To increase your salary further from the position of a Security Manager, consider pursuing advanced certifications or degrees, such as a Master's in Cyber Security or an MBA with a focus on Information Security. Gaining experience in high-demand areas like cloud security, AI security, or blockchain can also make you more valuable. Networking within the industry and taking on leadership roles in professional organizations can enhance your visibility and open up higher-paying opportunities. Additionally, demonstrating a track record of successful security implementations and risk management can position you for promotions or higher-paying roles in other organizations.

Educational Requirements

Most Security Manager positions require at least a bachelor's degree in computer science, information technology, or a related field. However, many employers prefer candidates with a master's degree in cybersecurity, information assurance, or business administration with a focus on information systems. Continuous education through workshops, seminars, and online courses is also beneficial to stay updated with the latest security trends and technologies.

Helpful Certifications

Certifications are highly valued in the InfoSec field and can significantly enhance your credentials. Common and beneficial certifications for a Security Manager 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 demonstrate a comprehensive understanding of security principles and practices and are often required or preferred by employers.

Required Experience

Typically, a Security Manager role requires 5-10 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 and procedures is crucial. Familiarity with regulatory requirements and industry standards, such as GDPR, HIPAA, or ISO/IEC 27001, is also often required.

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