The average Cyber Security engineer salary is around $74K a year, according to this article in careerexplorer. Senior-level engineers earn an average of $96K annually, while beginners can look forward to $59K a year. Nice work if you can get it!

In India, a Cyber Security engineer’s salary averages ₹525,652 a year, while a similar engineer in Australia earns A$130K and an engineer in the UK can make £47,926 annually.

Of course, the above numbers can fluctuate depending on the demand in your particular part of the world. But regardless of the range, a Cyber Security engineer can earn some serious pay.
Demand for Cyber Security engineers is projected to grow 12-percent between 2016 and 2026, which is a faster rate than that of the average for all other occupations, according to this job outlook report. The demand for Cyber Security engineers will continue to grow as businesses, governments, and other organizations rely more on digital platforms.

The good news, according to Cyber Security Ventures, is that there will be 3.5 million Cyber Security job openings by 2021. The bad news (at least from a business owner’s perspective) is that there will be a corresponding widening skill gap regarding Cyber Security professionals.

The Forbes article from a couple of years back called Cyber Security, “the fast-growing job with a huge skill gap.” The article cites an ISACA report that predicted a world shortage of two million Cyber Security professionals by 2019. And here we are in 2019, and the situation is only getting direr. In the US alone, 40,000 Cyber Security analyst positions go unfilled.

In terms of cyber-related crime, Cyber Security Ventures also predicts that the annual costs of cyber-crime damages will increase dramatically, going from $3 trillion in 2015 to $6 trillion by 2021. Consequently, in the period between 2017 and 2021, cyber-spending is predicted to reach over $1 trillion cumulatively.
More info: Freelance Palo Alto Engineers