A recent Cisco report indicates that there will be one million cybersecurity job openings worldwide in 2016. In addition, the global cyber workforce is expected to rise to 6 million by 2019. With more than 200K unfilled cybersecurity jobs in the U.S., we are facing a projected candidate shortage of 1.5 million in the next two years, according to Forbes article.
This is great news for anyone already in the field. As supply drops and demand increases, compensation soars. With an uptick in cyber security postings by 74% in the last 5 years, cyber professionals have seen a compensation increase of 9% over other IT professionals.
It’s also great news for anyone considering a career in cybersecurity. While getting into the field can be tricky, many with previous IT experience are making the jump to the security side for the challenge, the opportunity and the compensation increase. If you’re just getting started, consider a degree from one of the top rated Cyber Security Schools and Colleges in the U.S. For US Citizens willing to devote a portion of their post collegiate work to the US Government, there are even scholarships available through Scholarship for Service: CyberCorps.
The top five IT security salaries are:
- Lead software security engineer – $233,333
- Chief security officer – $225,000
- Global information security director -$200,000
- Chief information security officer – $192,500
- Director of security – $178,333
As demand continues to outstrip supply in the cyber labor market, we will continue to see increased focus on how to get the right cyber talent into the right positions at all levels. It will take a great deal of creative thinking on the part of companies and governments worldwide. Thankfully, there is ample opportunity for anyone curious about a career in information security!