No matter your industry or business size, it pays to have quality cybersecurity.
With cybercrimes growing at alarming rates by the year – costing Australian businesses an estimated $29 billion annually – it’s no wonder security talents are in critically high demand. In fact, our country struggles to keep pace with the rising number of jobs; battling an expanding skills gap the government has (fortunately) invested over $230 million to resolve.
That said, those with a passion for IT security will find no better time than now to get into this rising industry.
SkillsTalk outline the five pros and cons of working in cybersecurity – helping you decide if this is the right career for you.
What are the pros of working in cybersecurity?
- High salaries and opportunity.
- Being a high-demand job.
- High career progression.
- The opportunity to be self-employed.
- You’re always learning.
1. High salaries and opportunity.
As mentioned, cybersecurity is in high demand with plenty of opportunities across varying industries – these including the government agencies, banks, telecommunication businesses, health care companies, and investment firms. Wherever a business has online data – chances are, they’re looking for experts with the skills to protect them.
On top of this, Australia faces a huge shortage in cybersecurity skills, paired with a sharp incline of new jobs. Hays Specialist Recruitment predicts our economy will require 18,000 more workers between now and 2027 to keep up with the rising number of cybersecurity roles.
Of course, with high-demand comes high salary potential. Reports state that employers are finding themselves increasing salary offers for seven out of every ten ICT hires; with security managers earning a typical salary between $131,250 and $198,750.
For the average cybersecurity analyst, Payscale displays median earnings of $77,000 per year, with the higher bracket earning approximately $108,000.
2. Being a high-demand job.
As a highly sought-after profession, the cybersecurity field offers its talents with solid job security.
According to Hays, the rising need for security skills has surpassed Australia’s existing pool of experienced experts; with AustCyber reporting that roles have grown by 57% in the last year alone. In comparison, Indeed statistics show that we have a mere 7% of the cybersecurity skills required by the market – with less than 5,000 Information and Communication Technology (ICT) graduates per year.
As such, there is less fear of unemployment in the cybersecurity field – with skills transferable across a vast range of industries. Professionals can leave their current role and find quick re-employment in a new field of interest that demands their expertise.
With society becoming increasingly reliant on technology, and hackers finding new, advanced ways of breaching digital systems and devices; the need for security skills isn’t waning anytime soon.
3. High career progression.
There is an expansive room for growth in the field of cybersecurity.
Professionals who start out in entry-level roles can look forward to more advanced, specialised positions as they progress in their career. Individuals typically begin with titles such as IT technician, security analyst, and junior penetration tester – working their way up to roles such as cybersecurity manager, cybersecurity architect, and chief information security officer.
Their high-demand skills also enable them to move from smaller to larger companies.
Additionally, their salary potential grows with their years of experience. Payscale reports show that an early career in cybersecurity typically starts out with an average of $75,796 per year, increasing to up to $108,090 annually as one builds on their profile and experience.
4. The opportunity to be self-employed.
As cybersecurity tasks can be done anywhere with an internet connection, professionals have plenty of opportunities for self-employment.
Consulting and outsourcing is commonplace in the industry, with websites like Cybergig catering to those looking for freelance security work.
This allows workers to achieve greater work-life balance while handling the high-pressure tasks associated with the job. In an interview with Varonis, CEO of DeepCode.ca Jon Rasiko reveals his ability to set his own hours per day; making time to further his skills each week through “random video[s] from an academic institution, a tech company, or a researcher” to ensure his expertise stays fresh and relevant.
5. You’re always learning.
The field of cybersecurity is constantly growing, with new trends, practices, technology and threats emerging each year. Global spending for the industry is projected to skyrocket by 88%, expected to hit $270 billion US dollars by 2026.
As the profession continues to expand, with research birthing new discoveries – most workers are never left unchallenged or stagnant in their careers. Individuals have multiple online sources available to keep in tune with the industry (such as the Australian Cybersecurity Magazine), along with plenty of training opportunities to develop their skills.
As aforementioned, the Australian government supports continuous education in the field, with a long-term Cyber Security Strategy that funds related courses and programs among schools, along with constant growth and innovation in the industry.
What are the cons of working in cybersecurity?
- High-stress and demanding hours.
- Companies lack knowledge and/or resources.
- Some repetitive, boring tasks.
- Less room for mistakes.
- Difficulty keeping up with fast-paced trends and emerging new information.
1. High-stress and demanding hours.
Given their high level of responsibility, cybersecurity experts often face high job pressure and demanding work hours. Cybercrime is on a constant move, after all – with potential attacks posing a critical threat to a business’ finances, productivity, and reputation.
As they can happen at any time, plenty of workers are required to be on-call to manage or mitigate problems as they occur. As such, they may be contacted during weekends, evenings, and even while on vacation. One individual states, “Hacking attempts against our company are so relentless that I am required to brief our CEO daily on the status of our systems.”
These pressures, however, often add to the high satisfaction and excitement of working in an extremely fast-paced dynamic industry; where no two days are the same, and employees are constantly challenged on (and thus, further develop) their skills and knowledge.
2. Companies lack knowledge and/or resources.
While having a skillset in cybersecurity makes you attractive in the job market, plenty of companies can lack the adequate knowledge or resources to support your work.
Businesses demand security talent, though some fail to understand the importance of such responsibility – much less its technicalities. This often results in constantly communicating issues to management and proposing initiatives for improving security culture.
A lacking budget also acts as a typical roadblock to quality cybersecurity initiatives.
Fortunately, companies are increasingly encouraged to educate both their managers and employees on cybercrime and proper security practices; rather than relying on their IT or security team to mitigate, manage, and resolve all risk and incidents.
At the same time, the Australian government has bolstered its budget in cybersecurity, which includes the further development of training packages and qualifications to boost skills in the area.
3. Some repetitive, boring tasks.
Sadly, a cybersecurity career isn’t without its share of mundanity.
Experts note that the Hollywood image of hooded white-hat-hackers battling espionage cases is nothing but exaggeration; that the reality of the job contains more methodology, analytics, and a heaping side of patience and discipline.
Cybersecurity experts will commonly spend most of their time performing repetitive tests, applying repeated processes and analysing data to detect and mitigate potential threats. It’s a business – rather than a Bond movie, at the end of the day.
Fortunately, AI and machine learning are now being incorporated in the field to relieve some of its repetition, helping workers focus on more substantial, innovative security initiatives.
4. Less room for mistakes.
With data breaches costing Australian organisations an average of nearly $3 million per incident (or around $160 per data unit), the profession leaves little room for accidents or mistakes.
Precision is key as a cybersecurity professional, and all the more so being self-employed; as mistakes will not only cost your client their business – but yours, as well.
To succeed in the industry, it’s critical to be perceptive and communicative. Such qualities help in not only staying attentive towards existing and potential vulnerabilities, but also sharpen your ability to see problems from all sides (from your employer’s, colleagues’, and hackers’ perspectives); while helping you express such issues (in non-technical language) as necessary.
5. Difficulty keeping up with fast-paced trends and emerging new information.
Of course, it can get overwhelming to keep pace with such a rapidly-evolving landscape.
Not only does one need to stay on top of advancements in technology; but the new attack methods and malicious threats that emerge alongside these, as well.
Then there’s also the constant development of new terms, acronyms and technical jargon to keep up with.
It’s a never-ending treadmill of knowledge, and an intellectual arms race for many – but for the right person, such challenges only add to the excitement and daily stimulation of a dynamic, rewarding security career.
Jumpstart your career in cybersecurity!
Think this may be your ideal profession? Upskilled offers the ICT50120 - Diploma of Information Technology (Cyber Security)to help you get your start in the field. Students will explore the design and implementation of security systems, the integration of sustainability measures of ICT projects and the implementation of secure encryption technologies.
Best of all, it’s delivered online – helping you study according to your personal needs and schedule.
Kick off an exciting career in cybersecurity, and enquire today.
- Application Security.
- Cloud Security.
- Data Security.
- Identity Management.
- Mobile Security.
- Network Security.
- Operational Security.
- Endpoint Security.
Benefits of cyber security
With cyber security, companies have peace of mind that unauthorized access to their network or data is protected. Both end users, organizations and their employees benefit. It isn't just detection that cybersecurity strengthens, it's also mitigation and response.
Following are some common advantages of cyber security: Data protection from unauthorised access, loss or deletion. Preventing financial fraud and embezzlement. Protection of intellectual property.What are the pros and cons of it job? ›
- IT Pays Very Well. How would you like to make a six-figure salary right out of school? ...
- IT Impacts Every Industry. ...
- You Have a Clear Career Path. ...
- You Will Learn and Grow. ...
- You Can Start Your Own Business. ...
- You Still Need Soft Skills. ...
- IT is Stressful. ...
- Long and Unusual Hours.
Cybersecurity can be too risky for businesses.
Businesses are often worried about implementing proper cybersecurity measures because it can compromise their data and it can also lead to security breaches that may cost them a lot in terms of money, reputation, and even in terms of customers.
Here are the top 5 reasons:
- Increased exposure to attacks in organisations.
- Increased Cybersecurity threats faced by individuals.
- Cybercrime is expensive.
- Newer hacking methods.
- Hackers are Everywhere.
Cyber security is the practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks. It's also known as information technology security or electronic information security.What is this advantage and disadvantage? ›
As nouns, the difference between disadvantage and advantage is that disadvantage is a weakness or undesirable characteristic; a con while the advantage is any condition, circumstance, opportunity, or means, particularly favorable to success, or any desired end.What are 3 challenges of cyber security? ›
- Ransomware Attacks. Ransomware is the biggest concern now in the digital world. ...
- IoT Attacks (Internet of Things) The Internet of Things or IoT is the most vulnerable to data security threats. ...
- Cloud Attacks. ...
- Phishing Attacks. ...
- Cryptocurrency and Blockchain Attacks.
- Critical infrastructure security.
- Application security.
- Network security.
- Cloud security.
- Internet of Things (IoT) security.
- 1: The hours are long. ...
- 2: Your personal time will be interrupted. ...
- 3: You have to deal with a lot of angry people. ...
- 4: Work tends to be deadline driven. ...
- 5: People expect you to fix their home computers. ...
- 6: People lie to you all the time. ...
- 7: You have to keep your education current.
- You may find it difficult balancing your personal life. ...
- You may become too comfortable in your routine. ...
- Your résumé may lack versatility. ...
- You may experience more work-related stress. ...
- Your may find it harder to find new jobs. ...
- You can't choose your projects. ...
- You could get bored.
Working in the fast-paced and competitive tech industry often means managing tight deadlines and heavy workloads. In 2021, information technology managers ranked high among the most stressful jobs in the United States.What are the disadvantages of studying cyber security? ›
Cybersecurity measures take a long time and effort to implement. For some businesses, it can even be too difficult to comprehend. This might lead to a slew of issues in the workplace. It can also result in data loss or even a security breach if the company does not have enough security measures in place.How stressful is cyber security? ›
Cybersecurity staff are feeling burnout and stressed to the extent that many are considering leaving their jobs. According to research by VMware, 47% of cybersecurity incident responders say they've experienced burnout or extreme stress over the past 12 months.What are main challenges to cybersecurity? ›
- Remote Work. The COVID-19 pandemic has forever changed the workplace and how it is secured. ...
- Cloud Attacks. ...
- Phishing Scams. ...
- Cryptocurrency and Blockchain Attacks. ...
- Internet of Things (IoT) Attacks.
The field of cyber security has emerged as a high-paying job for professionals who require a well-trained staff. Cyber security is the science of protecting systems, networks, and data from malicious attacks, whether they are computers, mobile or digital devices, or operating systems.What is the most important thing in cyber security? ›
End-user protection is one of the most important aspects of cybersecurity. The easiest entry point is the end user, no matter how sophisticated the underlying infrastructure is. All software and hardware used by end users must be scanned for malicious threats at regular intervals.What are the most important tips on cyber security? ›
Keep high-level Protected Data (e.g., SSN's, credit card information, student records, health information, etc.) off of your workstation, laptop, or mobile devices. Securely remove sensitive data files from your system when they are no longer needed. Always use encryption when storing or transmitting sensitive data.Is cyber security a good career? ›
Cybersecurity is a growing industry that needs skilled professionals to fill entry, mid, and advanced-level jobs. Cybersecurity jobs are in high demand and the demand is expected to grow by 18% over the next five years.
- Too much sitting. ...
- Carpal tunnel and eye strain. ...
- Short attention span and too much multitasking. ...
- Potential of loss of privacy. ...
- Can limit learning and create a dependency. ...
- Time sink and lots of distractions.
|Physical Limitations||Poor Living Conditions|
|Poor Social Skills||Poor Working Conditions|
|Poverty||Racism / Systemic Racism|
|Social Distress||Social Exclusion|
Now a day's computer has vital role in human life. One of the most advantages of computer is its incredible speed, which helps human to finish their task in few seconds. Cost/ Stores huge – Amount of knowledge it's a coffee cost solution. Person can save huge data within a coffee budget.What are the Top 5 cyber crimes? ›
- Phishing Scams.
- Website Spoofing.
- IOT Hacking.
- Social Engineering. New in 2022.
- Third-Party Exposure. New in 2022.
- Configuration Mistakes. New in 2022.
- Poor Cyber Hygiene. New in 2022.
- Cloud Vulnerabilities. New in 2022.
- Mobile Device Vulnerabilities. New in 2022.
- Internet of Things. New in 2022.
- Ransomware. New in 2022.
- Distributed denial of service (DDoS) attacks.
- Spam and Phishing.
- Corporate Account Takeover (CATO)
- Automated Teller Machine (ATM) Cash Out.
- Networking and System Administration. ...
- Knowledge of Operating Systems and Virtual Machines. ...
- Network Security Control. ...
- Coding. ...
- Cloud Security. ...
- Blockchain Security. ...
- The Internet of Things (IoT) ...
- Artificial Intelligence (AI)
- Govern: Identifying and managing security risks.
- Protect: Implementing controls to reduce security risks.
- Detect: Detecting and understanding cyber security events to identify cyber security incidents.
- Respond: Responding to and recovering from cyber security incidents.
The Level 5 Qualification identifies and evaluates practical ways to protect people and organisations from cyber-attacks, data breaches and the consequential impacts. It consists of 4 modules which are all mandatory and it should take 6 months to complete the level 5 Diploma.Is IT worth working in cyber security? ›
Cybersecurity as an overall industry has a very promising career outlook. It has low unemployment and in fact, many countries have a deficit of employees. This means if you are qualified you can expect to never go unemployed for an extended period of time as a cybersecurity professional.
Cybersecurity is a growing industry that needs skilled professionals to fill entry, mid, and advanced-level jobs. Cybersecurity jobs are in high demand and the demand is expected to grow by 18% over the next five years.Is cybersecurity a stressful job? ›
Cybersecurity staff are feeling burnout and stressed to the extent that many are considering leaving their jobs. According to research by VMware, 47% of cybersecurity incident responders say they've experienced burnout or extreme stress over the past 12 months.Is doing cyber security a good career? ›
You'll have great earning potential
Let's talk money. The demand for cyber security professionals means salaries within the field are extremely lucrative, with the rise not expected to stop anytime soon.
No, cybersecurity isn't hard. Although there may be difficult concepts, like cryptography or areas that require more technical knowledge, cybersecurity is one of the few fields in the tech world that doesn't require a strong technical background.What is the easiest job in cyber security? ›
- Information Security Analyst. ...
- System Administrator. ...
- IT Support Specialist. ...
- Crime Investigator. ...
- Cryptanalyst. ...
- Junior Penetration Testers. ...
- Source Code Auditor. ...
- Security Auditor.
While more experienced professionals are likely to earn higher salaries, many cybersecurity roles pay more than other tech jobs. An information security analyst (typically an entry-level cybersecurity role) earned a median salary of $102,600 in 2021, U.S. Department of Labor Statistics figures show.How many hours a week do cyber security work? ›
Most cyber security professionals spend roughly 40 hours a week in the office for full-time employment. However, during technology releases or program updates there are often longer hours required. Sometimes systems need updates or maintenance overnight, over weekends, etc.What is the hardest cyber security job? ›
Vulnerability Analyst/Penetration Tester
Penetration tester or pentester is among the toughest roles to fill in this space, reports CyberSeek.org. CompTIA describes this position as a “white hat” or good/ethical hacker, with the goal of helping organizations improve their security practices to prevent theft and damage.
Cybersecurity workers generally have higher earning potential. According to Burning Glass Technologies, a company that specializes in job market analytics, professionals in this field can make an average of nearly $6,500 more per year than other IT workers.Why do people leave cyber security? ›
Securing the Cloud
It found that many IT security leaders are struggling to keep up with evolving threats and new cybersecurity practices, while also reporting issues around recruitment, retention and work-life balance that are prompting many to turn away from the industry.
Job satisfaction in the cybersecurity industry is extremely high, with 71% of people satisfied with their job and 36% of those “very satisfied.”Is cybersecurity work boring? ›
Is Cybersecurity Boring? No Way (At Least, Once You're Past Entry Level Jobs…) The next way to answer the question “is cybersecurity a good career?” is to explore whether it's mentally stimulating job. Most of the security experts we talked said that they don't get bored in their roles in cybersecurity.Is cyber security need coding? ›
For most entry-level cybersecurity jobs, coding skills are not required. However, as cybersecurity professionals seek mid- or upper-level positions, coding may be necessary to advance in the field.How long does it take to learn cybersecurity? ›
You can learn the basics of cybersecurity in a year with the right bootcamps and courses. It takes about two years of hands-on experience to consider yourself competent in cybersecurity. As you upskill further with resources and certifications, this time frame may increase.Which cybersecurity field is best? ›
- Cybersecurity Analyst.
- Information Security Manager.
- Cybersecurity Engineer.
- Security Architect.
- Application Security Engineer.
- Network Security Engineer.
- Ethical Hackers.
- Chief Information Security Officer (CISO)