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Demand for Cyber Threat Intelligence experts forces companies to widen search and increase salaries
November 2020 by Trident Search
While Cyber Threat Intelligence (CTI) has played a key role in the public sector for many years, growing demand from the private sector is making CTI one of the fastest growing cyber security markets. But this means that a shortage of experienced CTI professionals is not only driving up salaries but also forcing end-user companies, consultancies and vendors to recruit from more diverse backgrounds with less clearly defined entry points.
These are some of the findings in a new, ‘Cyber Threat Intelligence, UK Employment Market Report 2020’, published by Trident Search. The report is based on a detailed survey of CTI professionals working across the public and private sectors. It shows that over 23% of respondents command a salary of £110,000 or more, while 37% of employees in the industry are at Analyst level, with a median salary of £47,500. End-user companies appear to have the most experienced teams in terms of years, with over 37% on the highest salaries, compared to 20% in vendors and 18.6% in consultancies.
Those responsible for filling CTI positions are increasingly looking at attracting candidates from more diverse backgrounds – in particular, ex-military, law enforcement and education as well as IT professionals looking to cross-over into CTI. The survey found that 48% of CTI professionals in end-user organisations were ex-Armed Forces.
“CTI was previously seen as a luxury within the IT security departments of many organisations and was often not factored into cyber security strategies and defence measures,” said Josh Keeley, Founder and Managing Director of Trident Search, a specialist cyber security recruitment consultancy. Keeley, himself an ex-Royal Marine, added, “However, we have very rapidly seen CTI become a core part of mature IT security teams within organisations, which is driving the demand. The good news is that those already working in CTI show high levels of satisfaction and most say they have no plans to move away from the industry anytime soon.”
About Trident Search
Founded by veterans, Trident Search is a specialist Cyber Security recruitment Consultancy. Working with global consultancies, vendors and end-user organisations, it is a globally trusted partner.
Trident’s mission is: “To build a cyber security centre of excellence, for the very best recruiters in the industry”.
All of Trident’s Consultants are technically certified in their respective markets, whether that be CREST practitioners or CISSP professionals. Uniquely placing the company above the noise that you find in a saturated market.
