The cybersecurity market continues to display “stratospheric growth,” according to research firm Cybersecurity Ventures. From $3.5 billion to more than $120 billion in 2017, the global cybersecurity market has grown by roughly 35 times in 13 years. The firm predicted that spending on cybersecurity products and services will exceed $1 trillion cumulatively between 2017 and 2021, creating 12% to 15% year-over-year growth.
As the professionals responsible for defending against cyberattacks, information security analysts benefit from radical industry growth. According to the Bureau of Labor Statistics (BLS), their projected job outlook is more than six times that of all occupations and more than two-and-a-half times that of computer occupations. Out of all occupations, it ranks as the sixth-fastest growing position.
Information security analyst is an attractive career choice, given its impressive job outlook and salary figures. Those factors led to U.S. News naming it the No. 5 best technology job and, overall, the No. 38 best job.
What Does an Information Security Analyst Do?
An information security analyst helps protect against various types of cyberattacks. Job responsibilities can vary in the objective to protect an organization’s computer networks and systems from threats.
The analyst does some of the hands-on work to guard against data breaches and cyberattacks. For instance, professionals in this role will install antivirus software, firewalls and network security and encryption tools. They also help employees install or learn more about those types of programs.
A lot of their work, however, revolves around monitoring the effectiveness of software tools and potential threats. Constantly evaluating software and preparing reports about the state of cybersecurity defenses is a major aspect of what an information security analyst does. Along those lines, an analyst needs to stay on top of best practices in such a constantly evolving industry. All of those tasks go into developing security standard for the organization and recommending enhancements that better protect the company.
An information security analyst job description may include working with senior IT staff or company leaders to discuss broader changes. Another possibility is that the analyst conducts penetration testing, which involves simulating a cyberattack to assess ways that cybercriminals can exploit computer networks and systems.
Information Security Analyst Salary and Outlook
According to the BLS, the median annual wage for information security analysts is $98,350. They make approximately 14% more than all computer and IT occupations ($86,320) and significantly more than all occupations ($38,640). The highest 10% of analysts earn more than $156,580, demonstrating the salary potential of the profession.
The employment of information security analysts is projected to increase 32% by 2028, making it the sixth-fastest growing occupation. To give that figure some context, the job outlook for computer occupations is 12%, which more than doubles the outlook for all occupations (5%).
The rapid growth of information security analysts is due to the increase in cyberattacks. A lot of companies have sensitive data and rely on computer systems and networks to conduct business. An interruption in business or reduced consumer confidence in the security of products and services delivered electronically can dramatically impact profitability.
What Does it Take to Become an Information Security Analyst?
Typically, candidates need a bachelor’s degree in a computer-related field and relevant experience. An online cyber security degree offers a targeted, relevant education. You’ll develop a deep understanding of key topics across computer systems, cyberlaw, policy creation, and compliance. The curriculum combines industry best practices with real-world application, giving you a well-rounded education that prepares you for a successful career in the industry.
Bethel University’s program is delivered 100% online. Take advantage of a flexible learning environment to go with multiple start dates and transfer-friendly policies.