Cyber Security Analyst Salary (2024 Latest Updated)

A Cyber Security Analyst can be referred to as the frontline warrior of an organisation. They take the initiative to set a barrier against all cyber threats to protect the company's security. It is a responsible job where you play a significant role in protecting the organisation's valuable data.   

Apart from causing a massive financial imbalance, there could be a loss of sensitive data in case of cyber-attacks. Any unexpected data breach can cost the organisation a surplus amount of financial burden. 

The worldwide average cost per data breach from 2014 to 2022 amounts to 3.6 million GBP, according to the survey done by Statista. Hence, a skilled Cyber Security Analyst is in huge demand. You can expect a lucrative salary package for this career.    

In this blog, we will discuss the Salary of a Cyber Security Analyst and many other aspects related to this topic. 

Table of Contents

1) Understanding who is a Cyber Security Analyst?    

2) Roles and responsibilities of a Cyber Security Analyst    

3) Analysing the Cyber Security Analyst Salary    

4) Cyber Security Analyst average salary – UK, US and India    

5) Expected working hours of a Cyber Security Analyst    

6) Qualifications and skills required    

7) Types of employers you can work for  

8) How can Cyber Security Analysts increase their salary? 

9) Cybersecurity Jobs and their Salaries    

10) Conclusion  

Understanding who is a Cyber Security Analyst?    

Cyber Security Analysts can be considered as a part of the first line of defence against any sort of cybercrime. The main role of a Cybersecurity Analyst is to create a barrier and protect against cyber-attacks and unauthorised access to computer networks.   

This job role demands you ensure the organisation's critical data is safe and protected from cyber-attacks. To understand this profession better, let us look at the roles and responsibilities of Cyber Security Analyst. 

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Roles and responsibilities of a Cyber Security Analyst    

Following is the list of a few roles and responsibilities of a Cybersecurity Analyst: 

a) Monitor network traffic for security proceedings and events 

b) Update oneself with the latest security and technological developments 

c) Observe for any possible intrusions, attacks, and unauthorised activities 

d) Detect emerging cyber security threats, manage them, and fix the vulnerabilities 

e) Write detailed reports of the incidents 

f) Upgrade or design any new security systems 

g) Conduct thorough threat assessments periodically 

h) Perform penetration tests to identify potential weaknesses 

i) Install and operate security software like firewalls and encryption programs 

j) Maintain a plan for disaster recovery and contingency plans in case of any incidents 

k) Possess skills to handle advanced analytic tools to detect any unusual activity, patterns, and vulnerabilities 

l) Advise staff on issues like spam and malicious mail and provide guidance to address them 

m) Create or assist in delivering cyber security awareness training for the staff  

n) Generate reports to keep track of breaches and security issues
 

Analysing the Cyber Security Analyst Salary    

The average Cyber Security Analyst Salary falls between £25,000 to £46,000 for an Entry-level professional.  The intermediate level Cyber Security professionals can expect anything between £30,000 to £72,000. At the same time, experienced level professionals can expect between £31,000 to £80,000 a year.   

Cyber Security Analyst helps an organisation to keep its data and infrastructure secure by creating, planning and implementing those security measures. 

Cyber Security Analyst average salary – UK, US and India    

The following table lists the average salary comparison of Cyber Security Analysts in the UK, US, and India for different skill/experience levels.   

The salaries listed below are based on the information provided by the PayScale salary analysis.
 

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Expected working hours of a Cyber Security Analyst    

A Cyber Security Analyst can typically expect around 35 to 40 hours per week. 

Based on the projects and the nature of work, the work timings and shifts might differ to some extent. As per a study conducted by Statista, the average weekly working hours worked by full-time employers in the United Kingdom is 36.2 hours as of October 2022. 

This profession does not encourage part-time, short-term contracts or work-from-home jobs. However, a few companies do offer a flexible working environment. 

Qualifications and skills required    

With the right skills to handle a cybersecurity profession, it might be possible to start with an entry-level IT position without a degree. A good amount of experience and obtaining a few industry-relevant certifications can help you to gain cyber security roles.

Another good option could be to enrol in an apprenticeship in cybersecurity, which could help you to earn employment and increase the knowledge to achieve a recognised qualification. (You can choose an apprenticeship from the various levels offered).  

The other recruiters and employers who require a graduate position may look into candidates holding a degree in Science, Technology, and Engineering. The specific requirements of each employer might vary between the employers. 

The degree subjects relevant to the cybersecurity profession may include: 

a) Computer Science 

b) Physics 

c) Mathematics 

d) Software/ Electrical/ Network Engineering 

e) Cyber Security, Information Security, or Network Security  

c) Other IT, Security, or Network related degrees 

Many employers do welcome graduates from any discipline. Hence, you might get into this profession with a non-technical degree too.  As you gain experience, the subject of your degree might become less important as the focus on your professional achievements will be noted by your employers. 

Although studying a master's level might not be essential, studying a relevant subject area will certainly give you some additional benefits in the long run. There is also a possibility that certain organisations will provide sponsorships to acquire some specific certifications or executive-level programs. 

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Types of employers you can work for    

As a Cyber security professional, you can find multiple employment opportunities in organisations across the public and private industries. Irrespective of the organisation, your work will demand that you provide security services of the best standard. 

Below are the types of organisations listed from which you could choose to work for: 

a) Government  

b) Security consultancies 

c) Information Technology companies  

d) Network providers 

e) Financial services institutions 

f) Professional services 

g) Energy sector 

h) Transport companies (like Airlines) 

i) Media & Communications 

j) Educational institutes and sectors. 

How can Cyber Security Analysts increase their salary? 

To understand what are the possible ways to increase your salary as a Cybersecurity Analyst, let us look at the feasible ways. 

a) You can consider moving to a new employer willing to pay a better income for your experience and skills. 

b) Being a Senior Cybersecurity Analyst who is efficient in managing a team of juniors can fetch you a good income and increase the chances of increasing your salary. 

c) The fastest and one of the best possible ways to boost your income is to attain a degree or certification that relates to your job and is expected to be in high demand. 

d) Gaining a certification might increase your income and the possibility of promotions. 
 

Cybersecurity Jobs and their Salaries    

Cybersecurity professionals' responsibility is to monitor and prevent any data breaches and react to any threats or attacks. There are multiple job opportunities available for Cybersecurity professionals.   

Following is the list provided for cybersecurity-related jobs and their salaries in 2023. The Salary for the following positions is provided from the PayScale Salary analysis. 
 

Conclusion

In this blog, we have discussed the opportunities, importance, demand, and salaries in the US, UK, and India for the role of a Cybersecurity Analyst. We have also discussed the multiple job roles related to cybersecurity and much more.  

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