Security News > 2024 > March > New compensation trends in the cybersecurity sector

For several years, cybersecurity leaders have grappled with talent shortages in crucial cyber roles.

A new report illustrates that typical functional combinations within a role include architecture and engineering, application security, and product security.

IANS and Artico Search captured responses from more than 560 cybersecurity staff across various industries and company types in the U.S. and Canada.

Among survey respondents, 42% have responsibilities that span multiple cybersecurity domains.

"For years we have heard many cybersecurity professionals discuss the number of hats they wear in their organization. This latest report clearly illustrates the sheer number of day-to-day responsibilities by function. Not only does each function support its own set of core tasks, but most roles also support at least two additional functions. This has many companies grappling with typical corporate salary bands as cybersecurity requires specialized compensation packages to better compete for talent and minimize attrition," said Steve Martano, a partner in Artico Search's cybersecurity practice and IANS Faculty member.

GRC has the highest gender diversity at 40%, followed by IAM at 25%, while A&E staff has the lowest non-male representation at 10%. The research data suggests a gender pay gap of about 7%. The gender gap is more pronounced among staff with 12-plus years of experience, for whom researchers see a double-digit pay gap between males and females.

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https://www.helpnetsecurity.com/2024/03/04/compensation-trends-cybersecurity-sector/