In its recent 2015 report CyberSecurity Ventures indicates a vital challenge for the dark world of cybersecurity in 2015: A continued increase in cyber threats, especially from Russia and China and a major shortage of cyber professionals to combat these threats in the US and Europe. “The cybersecurity job market is on fire” says Veronica Mollica, founder and executive information security recruiter at Indigo Partners, Inc. in Fairfield CT. “Our candidates are facing competing offers from multiple companies with salary increases averaging over 30 percent.
Current employers are scrambling to retain talent with counter offers including 10 percent and higher salary increases for information security team members to remain on board” adds Mollica. According to a recent report from DICE, a leading IT job board, the top five IT security salaries are: No. 1 – lead software security engineer at $233,333; No. 2 – chief security officer at $225,000; No. 3 – global information security director at $200,000; No. 4 – chief information security officer at $192,500; and No. 5 – director of security at $178,333. IDC predicts that “by 2018, fully 75 percent of chief security officers (CSO) and chief information security officers (CISOs) will report directly to the CEO, not the CIO”. This will arguably push those positions higher up in to the salary stratosphere. Share your observations with the Cloud and Cyber Security Center.
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