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Cybersecurity Salary: What to Expect in 2024 and Beyond

By Luke Turvey

Last updated 21 June 2024

As cyber threats continue to evolve, the demand for skilled cybersecurity professionals is skyrocketing. This growing need has led to a competitive cybersecurity salary across various roles and experience levels.

In this article, we'll explore the current state of cybersecurity compensation, from entry-level positions to senior roles, and provide insights on how to maximize your earning potential in this dynamic field.

The Cybersecurity Job Market Overview

Before diving into specific salary figures, it's important to understand the overall landscape of cyber security jobs.

The cybersecurity sector is experiencing rapid growth, with the U.S. Bureau of Labor Statistics projecting a 35% increase in information security analyst positions from 2021 to 2031.

This growth rate is much faster than the average for all occupations, indicating a strong job market for cybersecurity professionals.

Key factors driving demand include:

  • Increasing frequency and sophistication of cyber attacks

  • Growing adoption of cloud computing and IoT devices

  • Stricter data protection regulations

  • Expansion of remote work environments

Entry-Level Opportunities: Cybersecurity Internships and Junior Roles

For those just starting their cybersecurity careers, internships and entry-level positions provide valuable experience and a foot in the door. While cybersecurity internships may offer modest compensation, they can lead to higher-paying full-time roles.

Average compensation for cybersecurity internships:

  • Paid internships: $15 - $30 per hour

  • Stipend-based internships: $2,000 - $8,000 per program

Entry-level cybersecurity salaries typically range from $50,000 to $80,000 per year, depending on the specific role, location, and company size.

Mid-Level Cybersecurity Salaries: Specialists and Analysts

As professionals gain experience and specialize in specific areas of cybersecurity, their earning potential increases significantly. One such role is the Vulnerability Assessment Analyst, who plays a crucial part in identifying and addressing security weaknesses.

Vulnerability Assessment Analyst Salary Range:

  • Junior level: $65,000 - $85,000

  • Mid-level: $85,000 - $110,000

  • Senior level: $110,000 - $140,000

Other mid-level cybersecurity roles and their average salaries include:
  • Information Security Analyst: $75,000 - $110,000

  • Network Security Engineer: $80,000 - $120,000

  • Cybersecurity Consultant: $90,000 - $130,000

Advanced Roles: Penetration Testers and Security Architects

Experienced professionals often transition into more specialized and higher-paying roles. One such position is that of a Penetration Tester, also known as an Ethical Hacker.

Pentester Salary Breakdown:

  • Entry-level: $60,000 - $90,000

  • Mid-level: $90,000 - $120,000

  • Senior level: $120,000 - $160,000+

Top-tier pentesters with advanced skills and certifications can command salaries exceeding $200,000 per year.

Other advanced cybersecurity roles and their salary ranges:
  • Security Architect: $120,000 - $180,000

  • Chief Information Security Officer (CISO): $150,000 - $300,000+

Factors Influencing Cybersecurity Salaries

Several factors can impact your earning potential in the cybersecurity field:

  1. Location: Major tech hubs like San Francisco, New York, and Washington D.C. typically offer higher salaries but also have a higher cost of living.

  2. Industry: Finance, healthcare, and government sectors often pay premium salaries due to the sensitive nature of their data.

  3. Certifications: In-demand certifications like CISSP, and OSCP can significantly boost earning potential.

  4. Education: While not always required, advanced degrees can lead to higher salaries and management positions.

  5. Specialization: Expertise in emerging areas like cloud security or IoT security can command higher compensation.

Tips for Maximizing Your Cybersecurity Salary

To increase your earning potential in the cybersecurity field:

  • Continuously update your skills through training and certifications

  • Gain hands-on experience through internships, projects, or bug bounty programs

  • Network with industry professionals and attend cybersecurity conferences

  • Consider specializing in high-demand areas like cloud security or threat intelligence

  • Negotiate your salary and benefits package based on market research and your unique skills


The cybersecurity salary landscape is dynamic and rewarding, offering competitive compensation across various roles and experience levels.

From entry-level positions to senior management, cybersecurity professionals can expect strong earning potential as the demand for their skills continues to grow.

By staying current with industry trends, continuously improving your skills, and strategically planning your career path, you can maximize your earning potential in this critical and evolving field.

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