A recent survey of 600 US-based CISOs shows that most people in the role earn either below $400,000 or above $700,000 annually. The majority earn less than $400,000, while one in five CISOs earn above $700,000, with half of them earning more than $1 million a year. The survey also reveals that CISO compensation grew 11 percent year-on-year, but the growth rate has slowed compared to last year.
That's according to the latest results of IANS' survey of 600 US-based CISOs, which also found that most people working in the role are either earning below $400,000 or above $700,000 a year.
The growth rate of those receiving bigger retention bonuses and equity packages has also fallen year-on-year, despite rising overall, to 12 percent and to 8 percent respectively. Finance unsurprisingly took the top spot with an average total compensation package of $728,000, with tech coming in second with $678,000. The general business services sector also pays above average at $569,000.
Three-quarters of the 600 surveyed CISOs say they're either"definitely" or"maybe" looking for a new role – an increase of 8 percent compared to last year. Steve Martano of recruitment company Artico Search said security budgets are being scaled back in 2023 after two years of heavy spending in 2021 and 2022., however, shows that most areas of cybersecurity spending saw a year-on-year increase in 2023, although some grew less than in 2022. It's an upward trend the analyst house expects to continue into 2024 too.
Survey US-Based Cisos Salary Range Compensation Growth Rate
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