As high-profile security breaches (e.g., Target, Sony, Adobe and most recently, Ashley Madison) continue to dominate headlines, companies are doubling down on pay to hire the best and the brightest IT security professionals. The most recent IT Skills and Certifications Pay Index (ITSCPI) from research and analysis firm Foote Partners confirms that IT pros holding security certifications can expect premium pay. Market values for 69 information security and cybersecurity certifications in the ITSCPI have been on a slow and steady upward path for two years, up 8 percent in average market value during this time, states co-founder, chief analyst and research officer David Foote in the report.
"It's been a long time coming, but 2015 will be a year when discretionary spending for security -- that is, everything not related to compliance spending -- will start to reflect the fact that …virtually every industry is formulating a cybersecurity strategy and searching for people with skills in this area. There is ample evidence of a global gap in cybersecurity skills. But with a lack of consistency in jobs and career paths for security professionals, we can expect organizations to have difficulty attracting and retaining cybersecurity talent in the foreseeable future," said Foote.
The information being reported is part of Foote Partner's IT Skills and Certifications Pay Index for Q1 2015. The Index tracks premium pay for 749 IT certifications and noncertified skills on a quarterly basis. The latest edition data was collected through April 1, 2015, and includes information from 54,899 validated IT professionals receiving premium pay for their skills and/or certifications.
Here are the top eight most valuable security certifications based on changes in market value/premium pay.