A position in the technology field provides job seekers exposure to the latest innovations and technological breakthroughs on the market. As Information Security Analysts, employees will serve on the front line of protecting an organization’s online networks and privacy. As online theft and vandalism grow and evolve, so too does industry need for information security analysts. These individuals are well versed in both computer hardware and software. Their primary role is in monitoring an organization’s security programs, assessing it for weak spots, and fixing weakness that could cause a potential security leak.
Salary Overview of an Information Security Analyst
Generally, Information Security Analysts earn between $50,000 to $130,000 annually. The national average is about $86,000 annually or $41.50 per hour. Of course, these salaries may fluctuate depending on the sector an analysts works in. Analysts working in the financial or insurance industry may earn an average of $92,000, analysts work in the technology industry may earn an average $91,000, analysts working in the designing or coding industry may earn an annual average of $88,000, and analysts working in a more generalize corporate industry may earn about $80,000. An Information Security Analyst who works for a technology based company will typically earn more than one employed in a more generalized industry. Pay may also fluctuate depending on an analyst’s experience. The median average pay between all analysts is roughly $86,000*
Earnings Factors of an Information Security Analyst
As in all fields, many factors influence compensation for Information Security Analyst. For instance:
- Employer Size: a more profitable organization is usually better able to accommodate competitive salaries and benefits than a smaller business; in turn, the larger organization may be more willing to pay better for higher talent levels
- Employment Status: obviously full time analysts earn more than part time analysts
- Industry Type: as previously stated, if an analyst’s employer is focused in a very technical or computer based industry, generally the pay is much higher
- Years and Experience Type: a Information Security Analyst manager who oversees the IT security department will command a higher salary than a less experience analyst who just began his or her career
Job Description and Outlook of an Information Security Analyst
Information Security Analysts focus primarily on network security. They constantly patrol their organization’s networks searching for security loopholes or weaknesses. Should the analyst find a potential breach, he or she will investigate it. Information Security Analysts subject the organization’s networks to penetration tests and analyze the results to gauge vulnerability in the system. Analysts may also have to play a managerial role within an organization. Analysts develop security procedures for an organization’s network.
The Bureau of Labor estimates that analyst’s employment will grow by 37% in the next ten years. This rate is much faster than the average rate of other occupations. It is even higher than the average of all computer based occupations. The demand for Information Security Analysts is very high. This demand is expected to increase within the next ten years. As the frequency of cyber theft and vandalism increase, many organizations will turn to Analysts to secure the safety of their networks.*
*According to the BLS, http://www.bls.gov/oco/
Educational Requirements of an Information Security Analyst
To work as an Information Security Analyst, a candidate must hold a college degree in a related field. This is important as the analyst will be entrusted with protecting an organization’s network. Analysts typically hold degrees in Computer Science, Computer Programming, or Software Engineering. These types of degrees focus on programming, communication, and managing information systems.
Some employers may also require the candidate holds an MBA in information systems. This MBA generally requires two additional years of study. The program includes both business and computer-related courses.
Professional Associations of an Information Security Analyst
An Information Security Analyst should consider joining an organization such as the Association of Information Technology Professionals and the Information Systems Security Association. The AIT provides Analysts with knowledge based on IT industry standards, news the latest breakthroughs and innovations in technology, and how these breakthroughs might affect an organization. The ISSA, an international not for profit organization specifically designed for information security professionals, provides analysts with informational forums, publications, and peer interaction.
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