More pervasive cybersecurity threats and the increasing demand for cyber talent have prompted higher compensation for chief information security officers across the U.S., according to Fortune.
Median base pay for U.S.-based CISOs reached $584,000 this year, which is 15% higher than last year, while total compensation, including company equity and bonuses totaled $971,000, which is 4% more than last year, a Heidrick & Struggles report showed. The report also revealed the highest gains in overall pay among CISOs who have only been in their position for less than 12 months. "In just the last three years, the CISO role has evolved to be a more center-stage role with these leaders taking on a more holistic enterprise focus. CISOs are assuming more strategic and risk-related responsibilities, often interacting with the board, and providing a unique view of risk to help navigate cyber threats a rising concern that has grown in priority," said Heidrick & Struggles Global Lead for Cybersecurity Matt Aiello.