How a Cyber security Auditor Job Role Can Make You a Millionaire
By Ankita Tripathy
17 September, 2024
Business
Last Updated on: September 18th, 2024
Cybercrime is booming with time. It is indeed a headache for businesses as they remain under the radar of fraudulent elements.
Organizations are looking at technical experts like the cyber security auditor In response to the inclement online weather. These in-house roles are attached with very handsome annual packages.
Hence, looking at the opportunities, there are many who are upgrading their skills and credentials to serve the organization’s specific requirements. Are you, too, looking to make a career as a cyber security auditor and become a millionaire? Yes, you have a great opportunity to be one with such a rewarding job.
But of course, obtaining such a job is definitely not a roller coaster highway. However, if you have the willpower, the skies are your limits for you. In this section, we discuss how a cyber security auditor’s job role can make you a millionaire. Stay with us till the end to unlock the secrets!
What Is A Cyber Security Auditor?
The first question that can strike a layman’s head is.” what exactly is a cyber security auditor?”
They are the professionals who work with different organizations to provide an audit of online security systems.
The entire auditing typically considers some important points! A thorough analysis of systems’ operation to gauging efficiency of the analyst.
Preparing a detailed report about the cyber security systems which are in operation also counts under their periphery of responsibility. Finally, it recommends protocols and infrastructure to the organization.
You can say that the cyber security auditor jobs are steeped in responsibilities galore. But the challenge itself opens the doorway to becoming a millionaire.
There are many people with slightly lower levels of awareness. They search for queries like how to become a cyber security analyst. This is because they think the cyber security auditor and cyber security analyst are the same. Definitely not.
While the former examines the effectiveness of the security controls against the required standards, the latter oversees the systems for threats and incidents.
Moreover, the analysts investigate and after that respond to security incidents.
The auditors usually evaluate the reports on the overall security conditions prevailing in the organization. Yes, if you are aspiring to become a cybersecurity auditor, you must know the hair line differences.
How A Cyber Security Auditor Jobs Earn You Million: Understanding Their Major Responsibilities
The question of how a cyber security auditor role helps you earn millions does not have an on-word answer. This is the reason for your convenience; I have broken the entire discussion into a few parts.
It’s quite rational and logical that the job roles that require specific know-how of sophisticated subjects will surely be attached to a higher salary.
Hence, the high cyber security auditor salary is attached to the uphill challenges and responsibilities. However, in this section of our discussion, we will understand a cybersecurity auditor’s specific roles and responsibilities.
1. Reviewing The Cyber security policies
Just like network security engineer overseeing their technical periphery to ensure the network’s security, the cyber security auditor has parallel roles. They make a comprehensive review of the organization’s cybersecurity policies, such as encryption, access control, backup, incident response, and disaster recovery.
Besides, they thoroughly assess the alignment of the policies and procedures with the regulations, laws, and practices, like ISO 27001, NIST, HIPPA, GDPR, and others.
2. Conducting security audits and tests
One of the major roles and responsibilities of the cyber security auditors is conducting cyber security audits and test sets. Yes, they give a thorough eye on the networks and information state of the organizations like firewalls, servers, database applications, routers, switches, and other hardware.
Thoroughly assessing it helps the individual to detect vulnerabilities and anomalies.
They also perform penetration tests like the SOC analyst.
The objective of it is to simulate real-world cyberattacks. The documents and reports of their findings, ratings, and suggestions contribute to attaining a safety shield against online threats.
3. Evaluating And Advising On Cybersecurity Risks
To become a millionaire, you must earn the knowledge first. The Cyber security auditor evaluates and advises the organization on the risks and threats associated with cyber security.
They use different tools to evaluate existing cyber security controls. They include preventive detective, preventive, corrective, and finally, compensating control.
It helps them determine their adequacy, efficacy, and effectiveness. They also provide recommendations for enhancing risk management and governance. Yes, without a hint of doubt, these are the core responsibilities of the professional.
4. Monitoring Cybersecurity Events
The work of an auditor is to monitor accounts and incidents of cyber security thoroughly. These incidents hamper networks, like malware infections and data breaches.
These experts used different tools and techniques to procure data regarding attempted cyber breaches, unauthorized access, and other such incidents. Just like cloud engineers oversee their network vulnerabilities, cyber security auditors do the same.
They use different tools and techniques to procure and analyze data. Besides, they also collaborate with other security professionals like cloud engineers, SOC analysts, and avengers to investigate and resolve data theft incidents. Finally, they document the report and the actions for future use.
These professionals, besides writing technical reports, also write stakeholder reports to explain the recommendation processes.
You can say that these professions immerse themselves, diving deep into the problem areas to understand the root cause. They provide a cost-benefit analysis of the recommended steps for additional security.
Given the minute intricacies and requirements of sophistry and an in-depth body of knowledge, they earn a high salary.
So, if you are looking to make a career as a network specialist, then you need to gain a body of knowledge and skills as you are doing ample research, like how to become a cloud engineer, skill.
What Is The Salary Of A Cyber Security Auditor?
We discussed the complex roles and responsibilities that earn these professionals high salaries.
The yearly salary of these professionals depends on different positions and a set of responsibilities.
Moreover, the salaries of these professionals vary a great deal because different methodologies are applied to diverse work environments.
These figures are adjusted in real time based on the changing data. Now, coming to the question directly, what does the tentative salary of a cyber security auditor look like?
According to a study, the average salary of a cyber security auditor in the United States Of America is close to around $118,000 a year. You can say that the hourly salary of this individual is $56.73 per hour.
However, as we discussed above, the salary must be different between the entry-level job responsibilities and the experienced people.
The entry-level cyber security auditor position salary structure starts at $109,813 per year. The most experienced employees earn $ 156,400 per year.
The salary structure in cities like Pennsylvania is around $160,000. The same is $150,000 in cities like Colorado.
However, the salary structure for the same job may differ in different cities. But the ultimate truth is that you are getting handsome pay, and that can be an inch closer to becoming a millionaire someday.
Cybersecurity Auditor Employment Outlook
Cybersecurity is one domain that has picked up fast. This is a challenging area of work and requires hard-core skills and competency.
I am not discouraging you. However, it is true that the job role and responsibilities make it a fascinating career prospect. This is the reason people with a good idea of the skills and competency must take up the challenge to earn a contenting take-home salary.
There is a shortage of quality cyber security professionals not just in the USA and UK but also globally. A report published back in the year 2021 came up with the fact that the number of unfulfilled jobs remained at 3.5 million that year.
Furthermore, the reports predict that the disparity between demand and supply of skilled workforce will remain throughout 2025! Hence, you can understand that the requirements for such a job will remain quite high in the days to come.
Tech giants like Twitter, Amazon, Microsoft, Google, and others are going through layoffs; this industry remains an area where they are still on the hunt. Yes, there is no doubt that hiring in the cyber security sky will remain quite strong even in the year 2025.
Yes, The Job Role of Cyber Security Auditors Will Make You a Millionaire!
Cybersecurity jobs have great value. To get an opportunity in such a role, you must learn a body of knowledge, credentials, and skills. Network assessment, penetration tests, and a host of other checkups to identify imminent cyber threats.
The responsibility is brimmed with challenges galore. But there is no double that with the challenges, there are opportunities. They are reflected in the form of handsome salaries and other facilities.
Henceforth, you must continuously look at the opportunities and earn a great future. We hope you get an answer to your question.
Read More…
