Markets

Insider Trading

Hedge Funds

Retirement

Opinion

15 Best Cities for Cyber Security Jobs in the World

In this article, we will look at the 15 best cities for cyber security jobs in the world. We have also discussed the growing demand in the field. If you want to skip our detailed analysis, head straight to the 5 Best Cities for Cyber Security Jobs in the World

The cybersecurity field is growing at an unprecedented scale as cybercrimes have increased by 300% since the onset of the Covid-19 pandemic. This number is shedding light on the urgency of building strong defenses against online threats that has fuelled a 32% projected increase in cybersecurity jobs over the next decade. Presently, there are nearly 600,000 unfilled cybersecurity positions in the United States alone which confirms that there is an immense demand for skilled professionals in the industry.

Moreover, the UK has also decided to double its investment in overseas cyber security projects, confirming the increasing seriousness of cyber threats. With an increase in spending to £25mn ($32.02) in 2022-23, the government shows the understanding of the pressing need to fortify global digital defenses. 

Despite misconceptions about the field’s exclusivity, cybersecurity offers high-paying opportunities without the need for a bachelor’s degree. For example, Alphabet Inc (NASDAQ:GOOG)’s initiative, Grow with Google, aims to address this gap by providing accessible online training in cybersecurity and other high-demand skills. With programs like these, individuals can acquire valuable certifications in as little as 3 months, setting them on a path to secure, well-compensated employment in cybersecurity. 

It is worth highlighting that several specialized areas tend to offer lucrative compensation in the cyber security field due to their high demand and the level of expertise required. Among these, roles such as Chief Information Security Officers (CISOs), security architects, and penetration testers often command the highest salaries.

The field of cybersecurity is not attractive solely because of the high salaries, in fact, the field also offers the flexibility of remote work and the satisfaction of combating digital threats across different sectors, including finance, healthcare, and government. Salaries in the field often exceed $100,000, with some remote positions offering upwards of $200,000 annually. Speaking of salaries, Virginia and California are the highest paying states for cyber security professionals, making them the best states for cyber security jobs. To read more about high-paying remote jobs, see the remote jobs that pay atleast $50 an hour

Moreover, in 2024, cybersecurity predictions point to an increase in AI-generated threats. Even though large language models have revolutionized organizational cybersecurity, limitations have made it necessary to shift towards specialized, smaller models. Threat actors are expected to exploit AI development through sophisticated phishing campaigns and deepfakes. Furthermore, according to the World Economic Forum, there’s an anticipated spike in third-party data breaches, accentuated by a 72% increase observed in 2023. Consequently, organizations must fortify their cybersecurity posture by scrutinizing not only their practices but also those of their vendors.

In order to combat and raise awareness about the serious cyber threats, Alphabet Inc (NASDAQ:GOOG) launched its cybersecurity research center in Tokyo on March 7, 2024, aiming to improve security in the Asia-Pacific region. Situated in Tokyo’s Roppongi district, the center will engage in cybersecurity policy discussions, educational initiatives, resource development, and research collaborations with Japanese institutions. Covering 13 countries, it serves as an Asia-Pacific hub for (NASDAQ:GOOG)’s cybersecurity efforts. The initiative coincides with Japan’s “Cybersecurity Awareness Month,” highlighting how the country is committed to enhancing online security. With rising cyber threats, including government-targeted attacks and incidents like the Port of Nagoya ransomware attack, Japan is also actively working on its efforts to strengthen its cybersecurity infrastructure and promote regional collaboration.

On the other hand, International Business Machines Corp (NYSE:IBM) Consulting and Palo Alto Networks Inc (NASDAQ:PANW) have announced an expanded strategic partnership aimed at enhancing clients’ cybersecurity capabilities. This collaboration signifies the importance of unified efforts in tackling evolving security threats. With this partnership, International Business Machines Corp (NYSE:IBM) Consulting and Palo Alto Networks Inc (NASDAQ:PANW) aim to provide end-to-end security solutions to clients. Notably, the partnership will focus on two critical areas: modernizing security operations and securing cloud transformations.

This joint venture will essentially capitalize on advanced AI and automation technologies to provide clients with autonomous and advanced managed security operations. This includes 24×7 monitoring, investigation, and automated remediation of security alerts. Moreover, the partnership will facilitate clients’ journey to the cloud by leveraging Prisma Cloud byPalo Alto Networks Inc (NASDAQ:PANW) in conjunction with International Business Machines Corp (NYSE:IBM) Consulting services.

A high-rise office building, its staff busy at work providing cybersecurity services.

Our Methodology

To list the best cities for cyber security jobs in the world, we first identified 15 countries with the highest salaries for cyber security jobs. Then, for each individual countries, we looked at the top 3 business cities in the country and looked up the number of job positings in each city using different websites like Indeed, Glassdoor, and Payscale and averaged them. The 25 cities with the highest job postings (average) were eventually selected. Then, we looked at the average salaries paid in these cities for cyber security professionals. We scored the 25 cities based on their job postings and average salaries out of a total of 40. The 15 cities with the highest scores were eventually selected. 

Please note that we have added three cities from the US in the list as not only the job postings for cyber security in these cities were high but they also paid some of the highest paying salaries in the world to these professionals. 

By the way, Insider Monkey is an investing website that uses a consensus approach to identify the best stock picks of more than 900 hedge funds investing in US stocks. The website tracks the movement of corporate insiders and hedge funds. Our top 10 consensus stock picks of hedge funds outperformed the S&P 500 stock index by more than 140 percentage points over the last 10 years (see the details here). So, if you are looking for the best stock picks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

15. Singapore, Singapore

IM Score: 15

With top companies like Group8, ITSEC Asia, Blackpanda, WebOrion, and i-Sprint Innovations headquartered or with a strong presence there, professionals have ample opportunities. These companies offer diverse roles in offensive security, fraud detection, incident response, and identity management, catering to various sectors like finance, e-commerce, and government. Additionally, Singapore’s strategic location and robust infrastructure make it an attractive hub for cyber security professionals. The average salary of a cyber security engineer in Singapore is $100,798. 

Singapore is also one of the highest paying countries for cyber security experts.

14. Oslo, Norway

IM Score: 17

In Oslo, cybersecurity is a pressing concern. Pistachio, a Norwegian company, secured €3.25 million ($3.56 million) to combat evolving AI threats. With an impressive MRR of €60k ($65.65K) and 100+ clients across 8 European countries, Pistachio employs AI to customize security training, crucial as 88% of breaches stem from human error. The industry’s worth $172bn, expected to triple by 2030, demands innovative solutions. 

An entry level cyber security professional can expect to earn $73,804 per year in Oslo.

13. Copanhagen, Denmark

IM Score: 18

Copanhagen is one of the best European cities for cyber security jobs in the world. With startups like Muninn securing substantial funding for cutting-edge cybersecurity platforms, the city is at the forefront of the battle against cyber threats. Muninn’s success highlights the growing demand for sophisticated defense systems, particularly in a digital landscape where cyberattacks are rampant. Capitalizing on advanced technologies like AI and machine learning, companies in Copenhagen are pioneering solutions to proactively detect and mitigate cyber threats in real-time, making it an attractive hub for cybersecurity professionals seeking exciting opportunities and impactful work.

12. Dublin, Ireland

IM Score: 20

Dublin is one of the top cities for cybersecurity jobs due to several key factors. Firstly, it hosts major international conventions like ‘Zero Day Con,’ facilitating networking and knowledge exchange among experts. Secondly, the city attracts top talent with its vibrant tech ecosystem, supported by renowned firms and educational institutions. Thirdly, Dublin’s strategic location within Europe fosters collaboration between global agencies and businesses in combating cyber threats. Lastly, recent initiatives, such as voluntary agreements signed at conferences like the Munich Security Conference, underscore Dublin’s proactive approach in addressing cybercrime.

11. Brussels, Belgium

IM Score: 22

The city of Brussels is the European hub for cybersecurity jobs owing to important investments and initiatives by companies like Huawei. The opening of Huawei’s Cyber Security Transparency Centre in Brussels underscores the city’s importance in fostering trust and collaboration in cybersecurity. With over 200 representatives from various sectors attending, the Centre aims to address challenges posed by evolving technologies like 5G and IoT. The average cyber security manager gross salary in Brussels, Belgium is $116,346.

Belgium is also one of the highest paying countries for data scientists

10. Dubai, United Arab Emirates

IM Score: 23

Between 2018 and 2022, the UAE faced over $32 million in losses from cyberattacks, driving the urgency for fortified digital defenses. Dubai’s proactive approach is evident in its two cybersecurity strategies, spanning domains like cyber education, innovation, and resilience. The city’s first strategy, launched in 2017, focused on creating a Cyber-Smart Nation and fostering international collaboration, while its recent phase emphasizes cultivating cyber skills, promoting innovation, and fortifying cyber resilience. 

9. Amsterdam, Netherlands

IM Score: 25

The Netherlands has a thriving internet economy, constituting approximately 6% of its GDP, with Amsterdam hosting nearly one-third of Europe’s data centers. Home to AMS-IX, one of the world’s largest data-transport hubs, the city attracts numerous tech giants for their European operations. This prominence, however, invites cybersecurity challenges like cybercrime and digital espionage, creating a demand for skilled professionals. Amsterdam’s appeal extends beyond work, offering a high quality of life and top-notch education, with opportunities for cybersecurity roles like Cyber Threat Intelligence Analyst at Group-IB, a leading cybersecurity solutions provider. The average pay for a Cyber Security Specialist in the city is $119,685.

With high wages, high standard of living and a promising tech sector, Netherlands is one of the best European countries for cyber security jobs.

8. Berlin, Germany

IM Score: 26

Berlin, though no longer as inexpensive, remains attractive for young professionals, with its burgeoning startup scene. In 2021, 273 startups in the city secured €14.3 billion ($15.65 billion) in funding, with 26.6% of Germany’s total deals. Germany’s strong data privacy laws enhance its appeal, particularly for roles handling sensitive information, with potential earnings increasing to €100,000 ($109,405) annually for graduates. Mercedes-Benz Tech Innovation is offering a high paying opportunity as a Cyber Security Consultant, involving assessments aligned with ISO 2700x standards, regulatory guidance, risk assessment, and coordination of security measures.

7. Sydney, Australia

IM Score: 27

Sydney is one of the top 10 cities for cyber security jobs as it has become a hub with cybersecurity with Microsoft Corp (NASDAQ:MSFT)’s monumental $5 billion investment, epitomizing its global significance. Collaborating with Australia’s online spy agency, Microsoft Corp (NASDAQ:MSFT) has launched a formidable “cyber shield” to fortify networks against evolving threats, symbolizing a fusion of cutting-edge technology and strong security protocols. Currently, there are 602 jobs related to cybersecurity in Sydney on Seek.com.au.

Owing to the generally high salaries in Australia, it is one of the best countries for cyber security jobs

6. Toronto, Canada

IM Score: 29

With an average gross salary of $105,105 for a cyber security analyst in Toronto, Canada is one of the countries that pay the highest salary to cyber security professionals.

The demand for cybersecurity professionals in Toronto is also increasing due to the escalating frequency and severity of cyberattacks targeting public organizations and essential services. Incidents such as the infiltration of government bodies, healthcare institutions, and educational facilities have compromised sensitive personal information, sparking concerns for privacy and security.

Click here to see the 5 Best Cities for Cyber Security Jobs in the World.

Suggested Articles:

Disclosure: None. 15 Best Cities for Cyber Security Jobs in the World is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 75%.

For a ridiculously low price of just $24, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

  • The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
  • Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
  • Lifetime Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

  1. Head over to our website and subscribe to our Premium Readership Newsletter for just $24.
  2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
  3. Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…