{"id":32367,"date":"2019-12-17T21:20:00","date_gmt":"2019-12-17T21:20:00","guid":{"rendered":"https:\/\/www.darkreading.com\/cloud\/higher-degree-higher-salary-not-for-some-security-pros-\/d\/d-id\/1336644"},"modified":"2019-12-17T21:20:00","modified_gmt":"2019-12-17T21:20:00","slug":"higher-degree-higher-salary-not-for-some-security-pros","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/higher-degree-higher-salary-not-for-some-security-pros\/","title":{"rendered":"Higher Degree, Higher Salary? Not for Some Security Pros"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/twimgs.com\/nojitter\/darkreading\/dr-logo.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<header>\n<\/header>\n<p><span class=\"strong black\">Turns out, skill beats experience and an academic degree doesn&#8217;t guarantee higher compensation for five security positions.<\/span> <\/p>\n<p class>In the rapidly growing cybersecurity industry, some positions don&#8217;t offer a clear-cut path to a higher salary. An academic degree and years of experience, considered a promising combination in traditional industries, don&#8217;t guarantee security employees a bigger paycheck.<\/p>\n<p>Cynet researchers polled 1,324 security practitioners this quarter to learn about industry salaries and the factors shaping them. Their data provided sufficient insight to profile five positions: security analyst\/threat intelligence specialist, penetration tester, network security engineer, security architect\/cloud security architect, and security manager\/director.<\/p>\n<p>Some findings validated the team&#8217;s suspicions. For example, they weren&#8217;t surprised to learn banking and finance usually lead in security compensation, says Yiftach Keshet, director of product marketing for Cynet. In the financial sector, 4% of respondents reported salaries of $111,000 to $130,000, 2% earn $131,000 to 150,000, and 2%&nbsp;earn $271,000 to $290,000. Healthcare also has salaries on the high end, with 17% who earn $111,000 to 130,000.<\/p>\n<p>Location also had a tremendous impact on salary. Security analysts in North America report a significantly higher salary than in EMEA and APAC: More than 80% earn between $71,000 and $110,000 compared with less than 35% in EMEA and 21% in APAC earning the same. The highest-paid position recorded was security director, with top-tier earners making $290,000 or more.<\/p>\n<p>Still, some findings caught the researchers off-guard. &#8220;I was surprised to find out that an academic degree can have a relatively low impact on compensation,&#8221; Keshet says. &#8220;That was surprising, especially in geographies like the United States and Europe.&#8221;<\/p>\n<p>For some security roles, demonstrable skills are more valuable than academic degrees. Consider a level-one SOC analyst tasked with triaging alerts. The standard SOC is typically flooded with alerts, driving businesses&#8217; concern about alert fatigue. A strong SOC analyst will be someone who can address a certain capacity of alerts in a day and can write automated rules to discern between events that have to be escalated and those that can be handled locally.<\/p>\n<p>These skills are easily measurable. When a candidate applies for an entry-level SOC role, it&#8217;s easy to see what they know how to do and how they do it. The same goes for a pen tester or network security engineer, who are tasked with testing an organization&#8217;s defenses and maintaining network defenses, respectively. Sixty percent of pen testers with an academic degree made less than $50,000, while 60% of pen testers <em>without<\/em> an academic degree made the same amount. A larger percentage of pen testers without a degree made between $51,000 to $70,000 and $91,000 to $110,000 compared with their degree-earning counterparts.<\/p>\n<p>The same can be said of network security engineering, where a greater percentage of employees without degrees reported salaries on the higher end of the spectrum than employees with degrees.<\/p>\n<p>&#8220;Personally, I think it&#8217;s good news,&#8221; Keshet&nbsp;says about&nbsp;prioritizing skills for higher compensation. &#8220;If we eliminate degree or specification of experience, basically we&#8217;re left with skill. Companies care more about what their security personnel can do rather than their formal certification.&#8221;<\/p>\n<p>Some of these skills may not solely come from security experience. <a href=\"https:\/\/go.cynet.com\/hubfs\/2020-Salary-Survey-Report.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Researchers found<\/a> employees who pivoted from an IT role into a cybersecurity role tend to earn more than peers who started out in cybersecurity. In his personal experience, Keshet says, a solid background in IT better prepares someone to take a deep dive into security.<\/p>\n<p>While a degree wasn&#8217;t necessary to increase salaries for the five positions analyzed, he notes it is required for executive positions. &#8220;For a CISO, it definitely matters,&#8221; Keshet says. Most CISOs have a security background but typically have an MBA or other advanced degree, he explains.<\/p>\n<p><strong>Related Content:<\/strong><\/p>\n<p> <span class=\"italic\">Kelly Sheridan is the Staff Editor at Dark Reading, where she focuses on cybersecurity news and analysis. She is a business technology journalist who previously reported for InformationWeek, where she covered Microsoft, and Insurance &amp; Technology, where she covered financial &#8230; <a href=\"https:\/\/www.darkreading.com\/author-bio.asp?author_id=837\">View Full Bio<\/a><\/span> <\/p>\n<p><span class=\"smaller strong red allcaps\">More Insights<\/span><\/p>\n<p> Read More <a href=\"https:\/\/www.darkreading.com\/cloud\/higher-degree-higher-salary-not-for-some-security-pros-\/d\/d-id\/1336644?_mc=rss_x_drr_edt_aud_dr_x_x-rss-simple\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Turns out, skill beats experience and an academic degree doesn&#8217;t guarantee higher compensation for five security positions. Read More <a href=\"https:\/\/www.darkreading.com\/cloud\/higher-degree-higher-salary-not-for-some-security-pros-\/d\/d-id\/1336644?_mc=rss_x_drr_edt_aud_dr_x_x-rss-simple\">HERE<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[151],"tags":[],"class_list":["post-32367","post","type-post","status-publish","format-standard","hentry","category-darkreading-ti"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Higher Degree, Higher Salary? 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