Banner Default Image
< Back to all insights

A Battle of Extremes in Cyber Security | The Financial Technology Salary Survey

Author: Andrew Nitek, AVP

Published date: 2023/09

Nitek S Salary

Cyber Security & IT Risk Professionals' Salary Insight: A Comprehensive Survey Revealing Earnings Across the Industry

Salaries in security have remained competitive throughout 2023. This is largely due to a scarcity of talent in a lot of the key areas within cyber security. However, there has been a slight drop in salaries since 2022, where we came out of a buoyant marketplace with a lot of movement. This drop hasn’t persisted however and we have seen salaries stabilise in the last 6-12 months.

Clients are typically happy to pay more money for in-demand skills, especially on the technical front. This includes (but is not limited to): threat hunting, red teaming, application security, and most security engineering roles (including Cloud\SIEM engineering).

Most candidates are aware that the first half of 2022 wasn’t in-line with normal market conditions, but may still expect to be well remunerated, especially if their skills are in demand.

Download your free copy of The Financial Technologist Salary Survey here.