Cybersecurity Spotlight 2018: Where Are the Highest Paid Jobs?
If you’ve turned on the TV, listened to the radio or picked up a newspaper lately, you know that cybersecurity is a huge issue. From breaches of privacy to election controversies, it can impact us all. In one 2017 incident alone, 143 million Americans were directly hit by this issue when an Equifax data breach exposed their sensitive personal information.
Because of the seriousness of these threats, every organization, whether private or nonprofit, needs professionals who can protect its data. The recent implementation of the European Union’s General Data Protection Regulation (GDPR), which gives individuals more power over how their data is used, only increases the stakes. Noncompliance with GDPR can result in fines equivalent to around $27 million or 4% of global annual turnover, whichever is higher. Meanwhile, we have seen a 261% increase in job postings for data protection officers on Indeed since May 2017 (and an 829% increase since May 2016).
So we know it’s important. But what’s the state of cybersecurity hiring today? We can learn a number of things from Indeed data, including where jobs are located, how much they pay and which roles are most in demand. Here’s what we found.
Where the jobs are
Recently, we have seen some growth in both supply and demand for jobs related to cybersecurity: between March 2017 and March 2018 postings of roles in this field increased by 3.5% on Indeed, while job searches for cybersecurity roles increased by 5.7%.
But where are they located? Our analytics team scrutinized job postings by metro area and ranked the cities with the most cybersecurity jobs.
As the table shows, no one geographic region is dominant—the cities with the most cybersecurity jobs represent the East and West Coasts, as well as the Midwest and South. When we compare the metros with the most cybersecurity jobs to the list of top tech hubs in the US as identified by the Indeed Hiring Lab, the cities that appear on both lists are Washington, DC, Baltimore, Boston, San Francisco and San Jose.
Coming in at number one for the most jobs is Washington, DC, where many cybersecurity professionals are protecting data for our federal government, the defense industry and other large nonprofits and nongovernmental organizations; Washington, DC was also number two on Indeed’s top tech hubs list. The city with the second most job postings in cybersecurity is New York, the financial capital of the US.
Dallas-Fort Worth, Baltimore and Chicago round out the rest of the top five—cities that may not typically be associated with tech in the popular imagination. But the need for cybersecurity professionals applies to all industries, and the Dallas-Fort Worth metro area is home to no fewer than 22 companies on the 2018 Fortune 500 list, including AT&T, American Airlines and ExxonMobil. Dallas and Fort Worth both made the list of fastest-growing cities between 2016 and 2017, coming in at numbers three and four, respectively.
Baltimore, which places fifth for the most cybersecurity jobs, also made the Indeed top tech hubs list, coming in at number three….