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Cybersecurity Salary Guide: How Much Can You Earn?

This week in cybersecurity from the editors at Cybercrime Magazine

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Sausalito, Calif. – Feb. 21, 2024

Forbes reports that as technology becomes further ingrained in daily life, cyberattacks continue to threaten businesses. Bad actors deploy new tools like artificial intelligence and deepfake technology to wreak havoc on supply chains and communication tools. The recent shift to remote and hybrid work has also exposed numerous vulnerabilities in protection—weaknesses hackers worldwide seek to exploit.

In light of these developments, it’s unsurprising that cyber threats are a top concern of U.S. companies. And not just major corporations: Smaller enterprises also lose hundreds of millions of dollars each year. Cybersecurity Ventures predicts hacks and data breaches will cost the global economy more than $9.5 trillion in 2024.

The need for cybersecurity experts means this field is poised for rapid expansion, high demand, and higher-than-average salaries. A Forbes guide examines the earning potential for professionals in this field, including exploring how experience typically correlates to higher wages.

Forbes’ cybersecurity job outlook looks at entry-level, mid-level, and advanced salaries in our field, including Cybercrime Analysts @ $101,000, Penetration Testers (aka Ethical Hackers) @ $125,000, and Cybersecurity Architects at $147,000. Altogether there are 10 positions covered.

The Forbes Guide also features a list of colleges and universities offering B.S. and M.S. in cybersecurity programs.

Some of the highest paying positions in cybersecurity, chief information security officer (CISO) roles at Fortune 500 companies, have been covered separately by Forbes contributors over the past decade.

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