Exploring the Certified Information Security Manager Salary: What You Need to Know
As the world becomes more reliant on technology, securing networks and systems against cyber threats has become increasingly important. This is where certified information security managers (CISM) come in. They play a vital role in ensuring the safety and security of digital assets for organizations across different industries. In this article, we’ll explore what a CISM does, the average salary for this profession, and some factors that can affect their earnings.
What is a Certified Information Security Manager?
A certified information security manager (CISM) is a professional responsible for developing and overseeing an organization’s information security strategy. They are skilled in assessing and managing information security risks, designing security frameworks, and ensuring that the company meets regulatory requirements. Additionally, they may be required to handle network and system security incidents and develop recovery plans.
Average Salary for a Certified Information Security Manager
According to the latest survey by PayScale, the average salary for a CISM in the United States is $122,000 per year. However, this can vary based on a few different factors. Location, experience, industry, and certification level can all affect the earnigs of a CISM.
Factors That Can Impact a CISM’s Salary
Location
Location is one of the main contributing factors to the salary earned by a CISM. In general, larger cities offer higher salaries due to higher living costs and more significant demand for these professionals. For example, while the average salary for CISM’s in the US is $122,000, those in New York City can earn up to $148,000 per year.
Experience
The more experience a CISM has in the field, the higher their salary is likely to be. PayScale reports that a CISM with less than one year of experience earns an average of $82,000 per year, while those with more than 20 years of experience can earn up to $166,000 per year.
Industry
The industry that a CISM works in can also affect their salary. Those in the financial services sector tend to earn higher salaries, with an average annual income of $135,000. In contrast, those working in healthcare or education tend to earn less, with an average annual salary of $107,000 and $103,000, respectively.
Certification Level
Finally, having an advanced certification level can also impact a CISM’s salary. For example, those with a CISM certification earn an average of $122,000 per year, while those with a Certified Information Systems Security Professional (CISSP) certification can earn up to $150,000 annually.
Conclusion
In conclusion, a certified information security manager plays a crucial role in ensuring the security of an organization’s digital assets. The average salary for a CISM in the US is $122,000 per year, but this can vary based on location, experience, industry, and certification level. If you’re considering a career in information security and want to become a CISM, it’s essential to consider these factors when setting your salary expectations.
