As an information security manager, I encountered a data breach at Flagstar Bank in June 2022. This breach led to compromised customer data and financial losses for the company.
To resolve this issue, I first analyzed log files, network traffic, and system behavior to identify the source of the breach. Once identified, I promptly addressed the vulnerabilities in the affected systems by updating software versions, applying security patches, and configuring firewalls.
I used encryption algorithms such as AES or RSA to secure stored and transmitted data for enhanced data integrity and confidentiality. To avoid future breach detection and mitigation activities, I implemented IDS/IPS systems for continuous monitoring and did it through log analysis techniques. Furthermore, I used secure coding frameworks or libraries like OWASP.
But is there a demand for information security managers? The answer to this question depends on various factors I gained through my international experiences and service management skills. Online ITSM courses are great for people who want to enhance their IT service management skills. I suggest exploring the following sections if you are curious about the range of information security manager salaries.
Who is the Information Security Manager?
The role of an Information Security Manager is essential in today's digital landscape, where data security is paramount. This position is central to safeguarding valuable information assets and maintaining the overall security posture of an organization.
- An Information security manager is responsible for overseeing and managing the security of cloud operations. The main role is to look after the confidentiality, integrity, and availability of an organization’s information assets, like digital data, system networks, back-end codes, etc.
- During my tenure as an information security manager (ISM), I was responsible for overseeing and managing the organization's information security program.
- Additionally, my primary focus was to ensure that our digital data, systems, networks, and other sensitive information remained confidential, integral, and available.
- Alongside this role, I was responsible for compliance reviews, certifications, and accreditations. This involves working closely with your company's internal and external stakeholders.
- To excel in this position, you must have experience working with frameworks such as ISO 27001, NIST CSF, and GDPR.
Information Security Manager Job Trends
The following are some of the job trends that I came across:
- The Bureau of Labor Statistics predicts a 33% growth in the demand for information security analysts and cybersecurity occupations from now until 2030.
- The projected job growth in the United States is expected to be 32% from 2018-2028. This growth translates into over 115,000 active job openings available.
- The average salary is $126,447. [Source: Zippia]
- Cybersecurity is expected to experience major growth in the coming years. Roles such as Chief Information Security Officer, Security Manager, and Cybersecurity Architect are anticipated to be particularly in high demand.
ZippiaInformation Security Manager Salary in 2024
As cyber threats increase, organizations recognize the value of skilled information security managers in safeguarding sensitive information. Through my research, you will discover comprehensive details on information security manager salaries aligned with industry standards. For more in-depth information, refer to the following sections.
Average Information Security Manager Salary [Per hour, Per Month, Per Year]
The following table shows the information security manager salaries in 2024:
| Name | Salary |
|---|
| Average | $139,963 per year |
| Hourly Salary | $67.29 per hour |
| Monthly salary | $11,663 - $14,799 |
Information Security Manager Salary: Based on Experience
The following listicle shows the average information security manager salaries based on experience:
The information security manager's salary for beginners is $51,280. However, some companies can give a base pay of $99,009 with a bonus of $12,357.
If you have more than 3 years of experience, then your salary can range from $137k to $ 187k. The bonuses paid can range between $4k to $39k. This makes the total pay of $84k to $196k.
The highest-paid information security lead salary is about $219,000 annually. However, the experience level must be more than 10 years, and strong management skills are required to obtain it. The ITIL Foundation certification training course is popular if you want to learn management skills.
Information Security Manager Salary: Based on Location
The following table will help you understand the cities with high information security manager salaries:
The following table shows the cities with information security manager salaries:
| City | Salary (Per Year) |
|---|
| Bengaluru/Bangalore | 23.8 LPA |
| Hyderabad/Secunderabad | 21.5 LPA |
| Pune | 19.8 LPA |
| Chennai | 17.2 LPA |
| Mumbai | 16.1 LPA |
Source- Ambitionbox
Here are the companies in India that pay high information security manager salaries:
| Company Name | Experience Range | Minimum Salary (₹) | Maximum Salary (₹) |
|---|
| TCS | 0-16 yrs | 11.0 LPA | 27.0 LPA |
| Infosys | 7-11 yrs | 15.9 LPA | 20.0 LPA |
| Cognizant | 9-16 yrs | 20.0 LPA | 28.2 LPA |
| IBM | 5-22 yrs | 17.1 LPA | 24.5 LPA |
| Wells Fargo | 11-19 yrs | 29.5 LPA | 42.0 PAL |
| Standard Chartered Bank | 10-15 yrs | 20.8 LPA | 29.0 LPA |
| JP Morgan Chase | 9-16 yrs | 23.4 LPA | 33.0 LPA |
The following are some of the cities with high information security manager salaries in the USA:
| State | Salary |
|---|
| New Hampshire | $223,950 |
| Connecticut | $153,100 |
| Virginia | $152,650 |
| North Carolina | $151,613 |
| Massachusetts | $151,000 |
| Maryland | $150,613 |
| Iowa | $150,000 |
The following table shows some of the highest-paying companies in the USA for an information security manager:
| Company | Salary |
|---|
| eBay | $160,903 |
| Apple | $160,343 |
| PayPal | $158,247 |
| The Walt Disney Company | $158,129 |
| Thumbtack | $156,445 |
| Mayo Clinic | $155,752 |
The following are some of the top cities paying high information security manager salaries:
| City | Salary |
|---|
| Leeds | £53,879 per year |
| Royal Tunbridge Wells | £52,580 per year |
| London | £51,869 per year |
| Manchester | £45,163 per year |
| Bristol | £44,500 per year |
| Birmingham | £39,975 per year |
| Leicester | £35,439 per year |
The following are some of the top companies with high information security manager salaries:
| Company | Salary per year |
|---|
| Wilson James | £54,775 |
| NHS | £46,185 |
| MITIE | £42,435 |
| OCS Group | £33,629 |
| Bidvest Noonan | £28,507 |
The following table shows some of the cities with high information security manager salaries:
| Location | Average Salary |
|---|
| Melbourne | $143,495 per year |
| Brisbane | $129,815 per year |
| Sydney | $116,334 per year |
| Canberra | $105,699 per year |
| Bungendore | $104,514 per year |
The following table shows the companies with high information security manager salaries:
| Organization | Average Salary |
|---|
| NSW Department of Communities and Justice | $111,826 |
| Northern Sydney Local Health District | $109,507 |
| Sydney Local Health District | $109,395 |
| Murrumbidgee Local Health District | $103,018 |
| Australian Department of Defence | $101,584 |
The following are some of the top cities in Canada with high information security manager salaries:
| Province | Income |
|---|
| Quebec | $205,036 |
| Ontario | $204,301 |
| British Columbia | $115,000 |
The following are some of the top companies in Canada with high information security manager salaries:
| Company | Salary Range |
|---|
| HCLTech | ₹7M |
| Secure Networks (TN) | $115K - $125K |
| Verafin | $342K - $366K |
| Cenovus | $133 - $145 hourly |
| Bankrate | $132 - $143 hourly |
The following are some of the key places with high information security manager salaries:
| Location | Monthly Salary |
|---|
| Clementi | $9,197 |
| Outram | $7,947 |
| Changi | $7,937 |
| Raffles | $7,672 |
| Singapore | $7,276 |
| Tanjong Pagar | $7,179 |
The following are some of the major companies with high information security manager salaries:
| Company | Monthly salary |
|---|
| PERSOLKELLY | $9,344 per month |
| Scoot Tigerair Pte Ltd | $7,853 per month |
| Singapore University of Social Sciences | $7,688 per month |
| ITCAN Pte Ltd | $7,318 per month |
Information Security Manager Salary: Based on Industry
The media industry offers the highest average information security manager salaries. However, other industries like finance, health, and government tend to provide even higher salaries in this profession. For further information on salary data, see the accompanying table.
| Rank | Industry | Average Salary | Hourly Rate |
|---|
| 1 | Media | $146,049 | $70.22 |
| 2 | Retail | $130,745 | $62.86 |
| 3 | Health Care | $123,808 | $59.52 |
| 4 | Finance | $115,289 | $55.43 |
| 5 | Technology | $107,062 | $51.47 |
Information Security Manager Salary: Based on Skills
As an information security manager, risk management, compliance proficiency, and knowledge of security frameworks like PCI-DSS are crucial skills required in the financial sector.
In healthcare, you must know about HIPAA compliance experience, data privacy understanding, and efficient security incident response. Technology companies also highly value skills in network security, cloud security operations, and threat intelligence capabilities. To see how information security manager salaries increase, refer to the table below:
| Skills | Information Security Manager Salary Range |
|---|
| HIPAA, CTO, Security Program | $150k |
| Security Breaches, Data Encryption, Computer Science | $102k - $152k |
| Incident Management Architecture, GDPR, Vendor Data Encryption | $61k - $84k |
| Risk Management, External Audits, ISO Metrics, Leadership | $85k - $124k |
| Incident Response, Security Training, Stakeholders Communication, Database Handling, Data Structures | $80k - $118k |
Information Security Manager Salary: Based on Education
As an Information Security manager, my education and professional experience were crucial in developing the necessary skills for the job. Firstly, obtain a bachelor's degree in computer science, cybersecurity, or information technology. Secondly, acquire professional certifications like Certified Information Systems Security Professional (CISSP) or Certified Information Security Manager (CISM). To know more about a certified information security manager's salary, refer to the following table.
| Degree | Salary |
|---|
| High School Diploma or Technical Certificate | $143,253 |
| Associate degree | $144,327 |
| Bachelor's Degree | $145,401 |
| Master's Degree/ MBA | $146,475 |
| JD, MD, PHD | $147,549 |
Information Security Manager Salary: Based on Job Roles
As an Information Security manager, it is crucial to possess various skills and traits that align with the job role. These include technical expertise in cybersecurity and risk management, alongside important soft skills like analytical thinking, attention to detail, and ingenuity. About job roles, the following table displays information security manager salaries information:
| Position | Salary |
|---|
| Security Engineer | $125,000 |
| Security Manager | $115,307 |
| Network Engineer | $106,687 |
| Security Analyst | $96,346 |
| Systems Analyst | $89,952 |
| Systems Administrator | $85,687 |
Source: Talent.com
Factors Affecting Information Security Manager Salary
This section will discuss the key factors that influence the information security lead salary. These factors include years of experience in the field, professional certifications, and the size and industry of the organization.
The average salary for an Information Security Manager in the United States is $147,549 as of August 27, 2023. However, the salary range changes for different locations. For example, the salary of an information security manager in New Hampshire is $223,950; in Connecticut, it is $153,100; in Virginia, it is $152,650.
- Industry / Employer / Company
The most trending industry will pay you higher amounts. For example, Banking and Entertainment protect their confidential information. For example, the Media industry pays more than $146,049, the Retail industry pays $130,745, and Health Care amounts to $123,808.
An information security manager's salary for a beginner is $51,280, while an intermediary (with 4+ years of experience) can go from $137k to $187k. A senior information security manager's salary is $219,000.
Places with high demand typically offer higher salaries. For instance, Bangalore and Silicon Valley are well-known for their abundance of IT developers. As a result, companies in these areas face fierce competition when hiring the best talent.
- Credentials / Certifications
The following are some certifications that can help increase your information security compliance manager salary:
- CISSP: Certified Information Systems Security Professional
- CISM: Certified Information Security Manager
- CompTIA Security+
- CRISC: Certified in Risk and Information Systems Control
- CEH: Certified Ethical Hacker
More skills attract more salary, and management is one of the crucial skills companies seek. Hence, enrolling in TOGAF online courses is a great way for enterprise architects to gain the knowledge and skills to lead successful digital transformation initiatives. If you want to know more about the must-have skills of an Information security manager, check out the following points:
- Networking and network security
- Risk assessment and management
- Security incident response and management
- Communication and leadership skills
- Encryption technologies
- Vulnerability assessment and penetration testing
- Security audits and assessments
How to Improve Information Security Manager Salary?
Want to know the information security manager's salary for a professional? Check out the following points:
- Enhance your knowledge and skills.
Stay updated with the latest technologies, industry trends, and best practices in information security. Acquire CISSP (Certified Information Systems Security Professional) or CISM (Certified Information Security Manager) certifications.
- Gain experience and demonstrate results.
I always seek opportunities to contribute to challenging and valued projects that upgrade the organization's security stance. Furthermore, I prioritize documenting and highlighting my accomplishments, emphasizing their impact on minimizing risks and safeguarding sensitive information.
- Continually develop leadership abilities.
Improve your leadership and management skills to guide teams and effectively foster security awareness within the organization. Gain hands-on experience in handling security incidents and conducting risk assessments.
- Build a strong professional network.
To expand your professional network and knowledge, consider attending industry conferences, becoming a member of professional associations, and actively engaging with peers and experts in your field.
Why are Information Security Managers Paid So Much?
Information Security Managers are paid well because they protect the company's data. Data security is vital in today's digital age, where cyber threats are rising. The increasing demand for qualified professionals in this field drives up salaries. The consequences of a data breach can be severe, leading to financial losses and damage to a company's reputation. Paying a high salary for an information security manager helps attract and retain experienced professionals who can effectively safeguard data assets.
Salary Growth and Projections
Based on my research, here are some salary growth and projections for Information Security Managers:
- The job growth rate is 32% from 2018 to 2028.
- Over the next decade, approximately 35,500 new jobs for Information Security Managers will be created.
- Certified Information Security Manager salary salaries have increased by 12% in the last five years.
- Currently, over 15,211 Information Security Managers are employed in the United States.
- There are currently 115,414 job openings for Information Security Managers in the US.
- The average salary for Information Security Managers is $126,447.
Wrapping It Up
Regarding TOGAF guidance, Knowledgehut is the ideal choice. We offer comprehensive training programs, led by industry-leading instructors, and provide practical hands-on experience. Our interactive learning sessions and extensive course material ensure you stay ahead of the curve and enhance your career prospects in IT Service Management. We also excel in the cyber security domain and have helped many students achieve a high information security manager salary package. Don't miss this incredible chance to upskill and become a sought-after TOGAF professional with TOGAF online courses.
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