Cyber Security Analyst Salary & Pay

Cybersecurity Analyst Salary & Pay

Cybersecurity analysts have become indispensable as European businesses scramble to hardwire defences against a relentless wave of breaches and ransomware attacks. Demand is outpacing supply, so even at the lower end of the market, salaries have risen well above those of traditional IT-support roles. Entry-level pay in southern Europe now starts around €29,000 in Italy and €35,000 in Spain, while the more mature Dutch and French markets offer mid-forty-thousand packages (≈ €47,000 in the Netherlands and €49,000 in France).

Heading north, remuneration climbs steeply. Glassdoor reports that the average salary for analysts with a few years of experience in Germany is approximately €62,000, reflecting the premium attached to securing a position in the country’s heavyweight manufacturing and financial sectors. In the UK, a median £55,000 (~€64,300) is being advertised for permanent roles — a figure buoyed by London’s booming fintech scene and the chronic shortage of cleared talent. The chart below arranges these six markets from lowest to highest pay, allowing you to see the gap at a glance.

(Note: Salaries can differ significantly based on industry, experience, and company policies.) The above figures are estimates from Glassdoor.com.

As the minimum basic pay level, it’s essential to remember that a variable component should fall within these figures. The variable part depends on the individual employee’s performance, his business vertical, and the company as a whole.

Cybersecurity Salaries Across Industries

Salaries also differ significantly based on the type and size of the employer. A large financial institution or a big consulting firm would pay more than smaller companies. Banks are especially vulnerable to cyber threats. So, they offer highly competitive remuneration to attract the best talent in the market. The same is true for large consulting companies, especially those specialising in cybersecurity. These firms sell their services to clients, with the amount they charge based on the consultant’s credentials and experience. Thus, professionals with the proper skill set are highly sought after and well compensated.

Audit companies are also a decent option for slightly more experienced professionals. Such companies provide cybersecurity audits and forensic services and can command a premium in times of crisis. Next would be companies in sensitive or strategic sectors, such as defence, aerospace, and energy. You can view all cybersecurity roles available across industries at this link.

Salary growth

The Cyber Wage Survey, conducted by Willis Towers Watson, predicts that entry-level cybersecurity analysts and engineers will receive an annual pay raise of 7% to 8%. This is three times the UK national average. The pay rise is noticeably larger. This highlights the increasing significance of the cybersecurity field. Companies are putting increased focus on it.

Information security is one of the fastest-growing verticals globally. Companies are relying more on digital channels for sales and other business functions. This makes them more vulnerable. There have been numerous high-profile data breaches, and they appear to be increasing in frequency. Such incidents pose a real threat to an organisation’s reputation. They can significantly lower customer trust.

These factors are the primary reasons behind the significant growth in the cybersecurity profession. Also, companies increase spending. They also hire more experienced cybersecurity analysts and engineers. They also hire solution architects, consultants, auditors, and independent consultants. There is an undeniable trend toward cybersecurity. The prospects for professionals in this field are favourable.

The survey by Willis Towers Watson shows another significant trend. Cyber professionals are generally younger than professionals in other fields. They are being hired at a younger age and paid more. This presents an ideal opportunity for young professionals seeking to break into the field and establish a strong foundation for their careers.

Search other articles to learn more about cybersecurity analyst careers:

See also: Qualifications & Skills here, How to Become here, Job Description & Profile here, and Job Role Resources here.

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