Information Security Manager Salary in 2024 [Freshers & Experienced]

As an information security manager, I encountered a data bre­ach at Flagstar Bank in June 2022. This breach led to compromised customer data and financial losses for the company.

To resolve this issue, I first analyzed log files, network traffic, and system behavior to identify the source of the breach. Once identifie­d, I promptly addressed the vulne­rabilities in the affecte­d systems by updating software versions, applying se­curity patches, and configuring firewalls.

I used e­ncryption algorithms such as AES or RSA to secure stored and transmitte­d data for enhanced data integrity and confidentiality. To avoid future breach de­tection and mitigation activities, I implemented IDS/IPS systems for continuous monitoring and did it through log analysis techniques. Furthermore­, I used secure coding frame­works or libraries like OWASP.

But is there a demand for information security managers? The answer to this question depends on various factors I gained through my international experiences and service management skills. Online ITSM courses are great for people who want to enhance their IT service management skills. I suggest exploring the following sections if you are curious about the range of information security manager salaries.

Who is the Information Security Manager?

The role of an Information Security Manager is essential in today's digital landscape, where data security is paramount. This position is central to safeguarding valuable information assets and maintaining the overall security posture of an organization.

• An Information security manager is responsible for overseeing and managing the security of cloud operations. The main role is to look after the confidentiality, integrity, and availability of an organization’s information assets, like digital data, system networks, back-end codes, etc.
• During my tenure­ as an information security manager (ISM), I was responsible for oversee­ing and managing the organization's information security program. 
• Additionally, my primary focus was to ensure that our digital data, systems, networks, and other se­nsitive information remained confide­ntial, integral, and available. 
• Alongside this role, I was responsible for compliance re­views, certifications, and accreditations. This involves working closely with your company's internal and external stakeholders. 
• To exce­l in this position, you must have experience working with frameworks such as ISO 27001, NIST CSF, and GDPR. 

Information Security Manager Job Trends

The following are some of the job trends that I came across:

• The Bure­au of Labor Statistics predicts a 33% growth in the demand for information security analysts and cybersecurity occupations from now until 2030. 
• The proje­cted job growth in the United States is expected to be 32% from 2018-2028. This growth translates into over 115,000 active job openings available. 
• The average salary is $126,447. [Source: Zippia]
• Cybersecurity is expected to experience major growth in the coming years. Role­s such as Chief Information Security Officer, Se­curity Manager, and Cybersecurity Archite­ct are anticipated to be particularly in high de­mand.

Zippia

Information Security Manager Salary in 2024

As cyber threats increase, organizations recognize the value of skilled information se­curity managers in safeguarding sensitive­ information. Through my research, you will discover compre­hensive details on information security manager salaries aligned with industry standards. For more in-depth information, refer to the following sections.

Average Information Security Manager Salary [Per hour, Per Month, Per Year]

The following table shows the information security manager salaries in 2024:

Name	Salary
Average	$139,963 per year
Hourly Salary	$67.29 per hour
Monthly salary	$11,663 - $14,799

Information Security Manager Salary: Based on Experience

The following listicle shows the average information security manager salaries based on experience:

• Beginner

The information security manager's salary for beginners is $51,280. However, some companies can give a base pay of $99,009 with a bonus of $12,357.

• Intermediate

If you have more than 3 years of experience, then your salary can range from $137k to $ 187k. The bonuses paid can range between $4k to $39k. This makes the total pay of $84k to $196k.

• Advanced

The highest-paid information security lead salary is about $219,000 annually. However, the experience level must be more than 10 years, and strong management skills are required to obtain it. The ITIL Foundation certification training course is popular if you want to learn management skills.

Information Security Manager Salary: Based on Location

The following table will help you understand the cities with high information security manager salaries:

• India

The following table shows the cities with information security manager salaries:

City	Salary (Per Year)
Bengaluru/Bangalore	23.8 LPA
Hyderabad/Secunderabad	21.5 LPA
Pune	19.8 LPA
Chennai	17.2 LPA
Mumbai	16.1 LPA

Source- Ambitionbox

Here are the companies in India that pay high information security manager salaries: 

Company Name	Experience Range	Minimum Salary (₹)	Maximum Salary (₹)
TCS	0-16 yrs	11.0 LPA	27.0 LPA
Infosys	7-11 yrs	15.9 LPA	20.0 LPA
Cognizant	9-16 yrs	20.0 LPA	28.2 LPA
IBM	5-22 yrs	17.1 LPA	24.5 LPA
Wells Fargo	11-19 yrs	29.5 LPA	42.0 PAL
Standard Chartered Bank	10-15 yrs	20.8 LPA	29.0 LPA
JP Morgan Chase	9-16 yrs	23.4 LPA	33.0 LPA

• USA

The following are some of the cities with high information security manager salaries in the USA:

State	Salary
New Hampshire	$223,950
Connecticut	$153,100
Virginia	$152,650
North Carolina	$151,613
Massachusetts	$151,000
Maryland	$150,613
Iowa	$150,000

The following table shows some of the highest-paying companies in the USA for an information security manager:

Company	Salary
eBay	$160,903
Apple	$160,343
PayPal	$158,247
The Walt Disney Company	$158,129
Thumbtack	$156,445
Mayo Clinic	$155,752

• UK

The following are some of the top cities paying high information security manager salaries: 

City	Salary
Leeds	£53,879 per year
Royal Tunbridge Wells	£52,580 per year
London	£51,869 per year
Manchester	£45,163 per year
Bristol	£44,500 per year
Birmingham	£39,975 per year
Leicester	£35,439 per year

The following are some of the top companies with high information security manager salaries:

Company	Salary per year
Wilson James	£54,775
NHS	£46,185
MITIE	£42,435
OCS Group	£33,629
Bidvest Noonan	£28,507

• Australia

The following table shows some of the cities with high information security manager salaries:

Location	Average Salary
Melbourne	$143,495 per year
Brisbane	$129,815 per year
Sydney	$116,334 per year
Canberra	$105,699 per year
Bungendore	$104,514 per year

The following table shows the companies with high information security manager salaries:

Organization	Average Salary
NSW Department of Communities and Justice	$111,826
Northern Sydney Local Health District	$109,507
Sydney Local Health District	$109,395
Murrumbidgee Local Health District	$103,018
Australian Department of Defence	$101,584

• Canada 

The following are some of the top cities in Canada with high information security manager salaries:

Province	Income
Quebec	$205,036
Ontario	$204,301
British Columbia	$115,000

The following are some of the top companies in Canada with high information security manager salaries:

Company	Salary Range
HCLTech	₹7M
Secure Networks (TN)	$115K - $125K
Verafin	$342K - $366K
Cenovus	$133 - $145 hourly
Bankrate	$132 - $143 hourly

• Singapore

The following are some of the key places with high information security manager salaries:

Location	Monthly Salary
Clementi	$9,197
Outram	$7,947
Changi	$7,937
Raffles	$7,672
Singapore	$7,276
Tanjong Pagar	$7,179

The following are some of the major companies with high information security manager salaries:

Company	Monthly salary
PERSOLKELLY	$9,344 per month
Scoot Tigerair Pte Ltd	$7,853 per month
Singapore University of Social Sciences	$7,688 per month
ITCAN Pte Ltd	$7,318 per month

Information Security Manager Salary: Based on Industry

The media industry offers the highest average information security manager salaries. However, other industries like finance, health, and government tend to provide even higher salaries in this profession. For further information on salary data,­ see the accompanying table­.

Rank	Industry	Average Salary	Hourly Rate
1	Media	$146,049	$70.22
2	Retail	$130,745	$62.86
3	Health Care	$123,808	$59.52
4	Finance	$115,289	$55.43
5	Technology	$107,062	$51.47

Information Security Manager Salary: Based on Skills

As an information security manager, risk management, compliance proficiency, and knowledge of security frameworks like PCI-DSS are crucial skills required in the financial sector. 

In healthcare, you must know about HIPAA compliance experience, data privacy understanding, and efficient security incident response­. Technology companies also highly value skills in ne­twork security, cloud security operations, and thre­at intelligence capabilities. To see how information security manager salaries increase, refer to the table­ below: 

Skills	Information Security Manager Salary Range
HIPAA, CTO, Security Program	$150k
Security Breaches, Data Encryption, Computer Science	$102k - $152k
Incident Management Architecture, GDPR, Vendor Data Encryption	$61k - $84k
Risk Management, External Audits, ISO Metrics, Leadership	$85k - $124k
Incident Response, Security Training, Stakeholders Communication, Database Handling, Data Structures	$80k - $118k

Information Security Manager Salary: Based on Education

As an Information Security manager, my education and professional experience were crucial in developing the necessary skills for the job. Firstly, obtain a bachelor's degree in computer science, cybersecurity, or information technology. Se­condly, acquire professional certifications like Ce­rtified Information Systems Security Profe­ssional (CISSP) or Certified Information Security Manage­r (CISM). To know more about a certified information security manager's salary, refer to the following table­.

Degree	Salary
High School Diploma or Technical Certificate	$143,253
Associate degree	$144,327
Bachelor's Degree	$145,401
Master's Degree/ MBA	$146,475
JD, MD, PHD	$147,549

Information Security Manager Salary: Based on Job Roles

As an Information Security manager, it is crucial to possess various skills and traits that align with the job role­. These include te­chnical expertise in cybe­rsecurity and risk management, alongside important soft skills like analytical thinking, attention to detail, and inge­nuity. About job roles, the following table­ displays information security manager salaries information:

Position	Salary
Security Engineer	$125,000
Security Manager	$115,307
Network Engineer	$106,687
Security Analyst	$96,346
Systems Analyst	$89,952
Systems Administrator	$85,687

Source: Talent.com

Factors Affecting Information Security Manager Salary

This section will discuss the key factors that influence the information security lead salary. These factors include years of experience in the field, professional certifications, and the size and industry of the organization.

• Location

The average salary for an Information Security Manager in the United States is $147,549 as of August 27, 2023. However, the salary range changes for different locations. For example, the salary of an information security manager in New Hampshire is $223,950; in Connecticut, it is $153,100; in Virginia, it is $152,650.

• Industry / Employer / Company

The most trending industry will pay you higher amounts. For example, Banking and Entertainment protect their confidential information. For example, the Media industry pays more than $146,049, the Retail industry pays $130,745, and Health Care amounts to $123,808.

• Experience 

An information security manager's salary for a beginner is $51,280, while an intermediary (with 4+ years of experience) can go from $137k to $187k. A senior information security manager's salary is $219,000.

• Demand and Supply 

Places with high demand typically offer higher salaries. For instance, Bangalore­ and Silicon Valley are well-known for their abundance of IT develope­rs. As a result, companies in these­ areas face fierce­ competition when hiring the best talent.

• Credentials / Certifications 

The following are some certifications that can help increase your information security compliance manager salary:

1. CISSP: Certified Information Systems Security Professional
2. CISM: Certified Information Security Manager
3. CompTIA Security+
4. CRISC: Certified in Risk and Information Systems Control
5. CEH: Certified Ethical Hacker

• Skills

More skills attract more salary, and management is one of the crucial skills companies seek. Hence, enrolling in TOGAF online courses is a great way for enterprise architects to gain the knowledge and skills to lead successful digital transformation initiatives. If you want to know more about the must-have skills of an Information security manager, check out the following points:

1. Networking and network security
2. Risk assessment and management
3. Security incident response and management
4. Communication and leadership skills
5. Encryption technologies
6. Vulnerability assessment and penetration testing
7. Security audits and assessments

How to Improve Information Security Manager Salary?

Want to know the information security manager's salary for a professional? Check out the following points:

• Enhance your knowledge and skills.

Stay updated with the latest technologies, industry trends, and best practices in information security. Acquire CISSP (Certified Information Systems Security Professional) or CISM (Certified Information Security Manager) certifications.

• Gain experience and demonstrate results.

I always seek opportunities to contribute to challenging and valued projects that upgrade the organization's security stance. Furthermore, I prioritize docume­nting and highlighting my accomplishments, emphasizing their impact on minimizing risks and safe­guarding sensitive information.

• Continually develop leadership abilities.

Improve your leadership and management skills to guide te­ams and effectively foster security awareness within the organization. Gain hands-on experience in handling security incidents and conducting risk assessments.

• Build a strong professional network.

To expand your professional network and knowledge, consider attending industry conference­s, becoming a member of professional associations, and actively engaging with pee­rs and experts in your field.

Why are Information Security Managers Paid So Much?

Information Security Managers are paid well because they protect the company's data. Data security is vital in today's digital age, where cyber threats are rising. The increasing demand for qualified professionals in this field drives up salaries. The consequences of a data breach can be severe, leading to financial losses and damage to a company's reputation. Paying a high salary for an information security manager helps attract and retain experienced professionals who can effectively safeguard data assets.

Salary Growth and Projections

Based on my research, here are some salary growth and projections for Information Security Managers:

1. The job growth rate is 32% from 2018 to 2028.
2. Over the next decade, approximately 35,500 new jobs for Information Security Managers will be created.
3. Certified Information Security Manager salary salaries have increased by 12% in the last five years.
4. Currently, over 15,211 Information Security Managers are employed in the United States.
5. There are currently 115,414 job openings for Information Security Managers in the US.
6. The average salary for Information Security Managers is $126,447.

Wrapping It Up

Regarding TOGAF guidance, KnowledgeHut is the ideal choice. We offer comprehensive training programs, le­d by industry-leading instructors, and provide practical hands-on experience. Our interactive­ learning sessions and exte­nsive course material ensure you stay ahead of the curve­ and enhance your career prospects in IT Service Management. We also excel in the cyber security domain and have helped many students achieve a high information security manager salary package. Don't miss this incredible chance to upskill and become a sought-after TOGAF professional with TOGAF online courses.