Salary of Cyber Security Engineer – The need for cybersecurity professionals is on the rise, but the supply of qualified candidates is low. Globally, according to the New York Times, there will be 3.5 million unfilled cybersecurity jobs by 2021, according to industry experts. There are not enough trained and skilled cybersecurity professionals to meet the growing demand for their services. Cybersecurity engineers, for example, are among the most in-demand professionals in the area.
According to the Wall Street Journal, it is becoming more difficult for chief information security officers to attract and keep experienced engineers who can detect and neutralize attacks. As a result of the high demand for engineers and the scarcity of qualified professionals, pay, career prospects, and work chances are all extremely favorable.
According to the InfoSec Institute, “one of the most in-demand occupations in information security today is that of a cybersecurity engineer.” “It makes use of some of the most in-demand information security and information technology capabilities, pays well, and is a function that many firms are desperately attempting to fill.” For those with engineering backgrounds interested in working in this rapidly expanding industry, being a cybersecurity engineer can be an appealing and financially rewarding career move.
Companies Hiring Cybersecurity Engineers
Financial services, government, health care, manufacturing, and retail are some of the finest areas for cybersecurity job seekers to pursue. However, this is not the end of the list. With a fast search on Indeed and LinkedIn, you may find thousands of available cybersecurity engineer openings in virtually every industry imaginable. Here is a sample of some of the top companies that are now hiring for these types of critical positions:
- Spotify
- Apple
- General Motors
- Microsoft
- Visa
- Netflix
- Federal Bureau of Investigation (FBI)
Cybersecurity Engineer Salaries in Canada
According to the employment website Economic research, the average annual income for a cybersecurity engineer is $135,100 (CAD) – $65/hr with an Average Bonus. In its top-paying cybersecurity jobs list, Mondo, the nation’s largest staffing agency specializing in high-end tech talent, lists two engineering positions (application security engineer, with salaries ranging from $100,000 to $210,000, and information system security engineer, with salaries ranging from $90,000 to $150,000).
Pay for cybersecurity engineers will vary depending on a variety of criteria, including:
- The employer is a formal term that refers to a person who works for a company (including whether they are in the private or public sector)
- Location in terms of geography
- Educating oneself (both level attained and alma mater)
- Experience