While skills shortages remain a major challenge in cybersecurity, those who work in the field have ample opportunities to boost their salaries. And one sure way to get better pay is by earning certifications, according to a new study by training services provider Global Knowledge.
“Learning a new skill or earning a certification can result in a raise upwards of $12,000 a year,” according to the Global Knowledge 2020 IT Skills and Salary Report. The figure applies to IT professionals as a whole but is especially relevant to cybersecurity professionals considering that the report says, “cloud computing and cybersecurity certifications are associated with the highest IT salaries around the world.”
The study reveals the average salary for cybersecurity workers globally is $96,675. In North America, the average is considerably higher – $128,726. It drops to about $74,000 in Europe, the Middle East and Asia-Pacific, and just under $42,000 in Latin America. The Global Knowledge study comes on the heels of the (ISC)² 2020 Cybersecurity Workforce Study, which estimates the global cybersecurity salary average to be $83,000, and the North American average to be $112,000.
Global Knowledge confirms what (ISC)² research has consistently shown: Cybersecurity certifications not only demonstrate proficiency but also help with compensation and career advancement. Their report states, “. . . the more certifications someone holds, the higher their average salary. An IT professional who has six or more career certifications makes $91,643 a year—eight percent more than the worldwide average.” The (ISC)² study found that those cybersecurity professionals holding at least one certification made an average of $85,000 while those without earned just $67,000 on average.
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