Job & Salary Trends for Cybersecurity ICT Professionals in Malaysia According to PIKOM
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PIKOM – Malaysian Cybersecurity ICT Professionals Earn Higher Salary Compared to their Respective Job Categories
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As online security threats become more menacing and damaging to organisations, there is a great need for qualified and skilled professionals to help manage the risks and prevent future attacks.
For the first time in this report, PIKOM is focusing on job trends in the cybersecurity in Malaysia. PIKOM, THE NATIONAL TECH ASSOCIATION OF MALAYSIA is the association representing the information and communications technology (TECH) industry in Malaysia.
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Find Out What the Salary is for Cybersecurity Professionals in Malaysia According to PIKOM
As online security threats become more menacing and damaging to organisations, there is a great need for qualified and skilled professionals to help manage the risks and prevent future attacks.
For the first time in this report, PIKOM is focusing on job trends in the cybersecurity in Malaysia. This comes on the heels of the PIKOM Cybersecurity Chapter formed last year, which will play an advisory role to the government on policy formation.
The Chapter will also engage with academicians and other stakeholders on talent issues and promote career prospects in the industry. In this respect, we will explore further on the top paying jobs in each of the five job categories for 2017, as advertised by the 22 industries tracked in this report.
Entry Level Category
The average monthly salary of the top five paying cybersecurity jobs for this category ranged from RM2,500 to RM3,400 in 2017. Security Analyst
(e-security) was the position with the highest average monthly salary at RM3,400, followed by Network Security Engineer (RM3,000), Security Operator (2,750), Security Engineer (RM2,650), and Security Analyst at RM2,500 (Table 13).
Junior Executive Category
The average monthly salary in this category in 2017 was from RM6,000 to RM6,500. The range was much higher than the overall average monthly salary
for Junior Executive ICT professionals of RM4,259 earlier in this section (Chart 3).
The positions, Application Security Requirements Engineer and Application Security Specialist, were both offered an average monthly salary of RM6,500 in 2017 while a lead Cyber Security Consultant could earn as much as RM6,000 (Table 14).
Senior Executive Category
Two positions, Security System Engineer and ITSecurity Incident Response Analyst, commanded an average monthly salary of RM15,000 to RM15,500
respectively, which is more than double the overall average monthly salary of ICT professionals in this category (Chart 4) at RM7,057. The average monthly salary of the three remaining top jobs in this category ranged from RM10,500 to RM12,500 (Table 15).
Table 13: Top Paying Entry Level Cyber Security Jobs
- Security Analyst (e-Security) Average Monthly Salary RM3,400
- Network Security Engineer Average Monthly Salary RM3,000
- Security Operator Average Monthly Salary RM2,750
- Security Engineer Average Monthly Salary RM2,650
- Security Analyst Position Average Monthly Salary RM2,500
Source: Jobstreet.com and PIKOM Estimates
Table 14: Top Paying Junior Executive Level Cyber Security Jobs
- Application Security Requirements Engineer Average Monthly Salary RM6,500
- Application Security Specialist Average Monthly Salary RM6,500
- Application Security Specialist – Business Analyst Background Average Monthly Salary RM6,500
- Cyber Security Staff / IT Security Average Monthly Salary RM6,000
- Lead Cyber Security Consultant (Secondment) Average Monthly Salary RM6,000
Source: Jobstreet.com and PIKOM Estimates
Manager Level Category
The top paying position in this category in 2017 was Cyber Security Consultant with an average monthly salary of RM17,500. The average monthly salary
of the Security Incident Manager (with a focus on Forensics) was RM14,500 while Security Architects were offered an average monthly salary of between
RM12,500 to RM13,500. A Cyber Security Manager in 2017 was offered an average monthly salary of
RM11,000 (Table 16).
Senior Manager Level Category
The top paying position in this category was an IT Operations Security Senior Manager with an average monthly salary of RM20,500, also higher than the
overall average monthly salary of RM19,147 (Chart 6). The other top paying cybersecurity jobs in this category were Information Security Architect
(RM17,500), Cybersecurity Senior Manager (RM17,000), Business Information Security Officer (RM15,225) and Senior Manager for IT Security and Infrastructure (RM13,000) (Table 17).
Conclusion
As it can be seen above,Cybersecurity ICT professionals can command higher than the average monthly salary of their respective job categories.
Why are the salaries so high?
One explanation is that there is a critical shortage of specialised cybersecurity professionals worldwide who are able to protect organisations from sophisticated online attacks. In Malaysia, the Malaysia Digital Economy Corporation (MDEC) has teamed up with global technology and information security association ISACA to address the shortage of cyber security professionals in our country.
The partnership between the two oganisations was formalised in September 2017 and is aimed at improving competencies and workforce skills in cyber security. There are currently 6,300 cyber security professionals in Malaysia and a target has been set to provide 10,000 professionals by 2020.
