Malta Cybersecurity Salaries: What Can You Expect to Earn?

In this digital world we're living in, cybersecurity has become crazy important, not just for big companies but for all of us.

As technology keeps evolving, the risks of cyber threats and data breaches are getting real. That's why there's a massive demand for skilled cybersecurity pros globally, including right here in Malta.

According to a study, the global cybersecurity workforce needs to grow by 65% to keep organizations' sensitive data safe. In Malta specifically, the demand for cybersecurity experts is expected to rise by 12% annually until 2024, thanks to the booming tech industry and the country's focus on digital transformation.

Malta's tech sector has been killing it, contributing massively to the island's economy.

According to official stats, the average annual salary in the Maltese ICT industry was €35,792 in 2021, a 5.2% increase from the previous year. With cybersecurity being a crucial part of the tech landscape, professionals in this field can expect competitive salaries and exciting career opportunities.

Check out this guide to learn more about landing a tech job in Malta.

In the following sections, we'll dive into the typical salary ranges for entry-level, mid-level, and senior cybersecurity roles in Malta.

Alright, so if you're just starting out in the cybersecurity game in Malta, the entry-level roles are where it's at.

You'd be doing stuff like checking for vulnerabilities, keeping an eye on networks for any shady activity, and setting up basic security measures. According to the latest reports, you can expect to rake in somewhere between €20,000 to €30,000 per year as an entry-level cybersecurity pro in Malta.

However, there are a few key factors that can make or break your starting salary:

• Right qualifications can make a big difference: Having cybersecurity certifications or a solid degree from a top school can give you an edge and help you score a higher paycheck.
• Previous experience matters: Any experience in IT or cybersecurity-related gigs, even if not a strict requirement, can make you stand out.
• Coding skills are valuable: Knowing your way around coding languages like Python or cybersecurity tools can seriously boost your chances of landing a fatter salary.
• Industry demand: Joining sectors like financial, gaming, or tech in Malta that are hot for cybersecurity talent may lead to a sweeter compensation package.

As Mary Williams from TalentHub Malta says,

"The more you keep leveling up your skills and grabbing new certifications, the better you can 'future-proof' your career and command higher salaries."

So, keep grinding and stay on top of the latest trends if you want to climb up that cybersecurity salary ladder in Malta.

Mid-level cybersecurity roles in Malta are where the action's at. We're talkin' about gigs like Information Security Analyst, Cybersecurity Consultant, and SOC Analyst.

If you've got the skills, you're looking at an average salary range of €40,000 to €60,000 per year as of 2024 – not too shabby, right?

But there are some prerequisites you'll need to check off:

• Education: A Bachelor's degree in Computer Science, IT, or a related field is the way to go.
• Certifications: Snag industry certs like CISSP, CEH, or CISM to show you mean business.
• Technical Skills: You gotta be a pro at network security, incident response, threat analysis, and rocking those security tools like a boss.
• Experience: Typically, you'll need 3-5 years of hands-on experience in cybersecurity roles to land these gigs.

As Malta keeps leveling up its digital game, mid-level cybersecurity pros are the MVPs when it comes to protecting organizations from cyber threats.

With the right mix of education, certs, technical know-how, and experience, you can expect a competitive salary while helping to secure the digital realm.

Matthew Gonzalez, CEO of a top cybersecurity firm in Malta, put it best:

A strong cybersecurity game isn't just a necessity; it's a strategic advantage in today's digital age.

In Malta, companies are dishing out some serious cash for the cybersecurity pros who know their stuff, especially the experienced ones.

We're talking salaries from €80,000 to €120,000 per year for top dogs like Chief Information Security Officers and Cybersecurity Architects. These big-money roles are in high demand as businesses prioritize bulletproof security measures to protect their digital assets.

But landing a gig like that ain't easy.

You gotta have the whole package - technical wizardry combined with strategic leadership skills. As Joseph Wilson, a cybersecurity consultant, puts it, "Successful senior cybersecurity pros blend in-depth knowledge of security frameworks, risk management strategies, and hands-on experience with the latest tools and tech." Key abilities include advanced technical skills in areas like network and cloud security, penetration testing, and threat analysis.

Plus, you need to be a strategic planner who can develop and execute comprehensive security strategies aligned with the company's goals.

Strong leadership and communication game are also a must – you'll be guiding teams, communicating with stakeholders, and driving security awareness across the organization.

And let's not forget about those prestigious industry certs like CISSP, C|CISO, and CEH – they show you're a true expert in your field.

With cyberthreats constantly evolving, senior cybersecurity pros have to stay ahead of the curve, continuously learning, adapting to new tech, and fostering a culture of security awareness.

If you're looking to get into cybersecurity in Malta, you gotta know what's up with the cash flow. The average salary for a Cyber Security Engineer is around €65k per year, not too shabby.

But there's more to it than just that number.

First off, the industry you work in makes a huge difference. Tech companies and financial firms tend to pay top dollar, while government gigs might not be as lucrative.

Cyber Security Specialists in Malta can expect to rake in around €61k on average, but that number can vary depending on where you land a job.

Certifications and education also play a major role in determining your earning potential.

Getting certified in something like CISSP, CISM, or CISA can boost your salary as a Cyber Security Manager by a solid 10-15%.

And if you've got a Bachelor's or Master's degree, you can command even higher salaries, sometimes €10k or more above those with just a high school diploma.

But it's not just about the degrees and certs.

Your experience level and additional skills can really make you stand out in the job market.

• Entry-level cyber pros might start around €24k-€32k, but once you've got a few years under your belt, you can easily be looking at €35k-€45k.
• And for the real OGs with 6+ years of experience, salaries can reach €50k or even higher if you've got skills like project management or risk analysis.

The future of cybersecurity salaries in Malta is looking tight, with experts saying they'll keep rising over the next few years. According to a recent report, cybersecurity pros in Malta can expect a 5-8% annual salary increase from 2024 onwards.

This growth is happening because businesses and organizations are getting serious about having strong digital defenses against all the new cyber threats popping up.

Emerging trends in the Maltese cybersecurity job market are also influencing what people can expect to earn.

As companies adopt cloud computing, AI, and IoT tech, the demand for experts in cloud security, AI security, and IoT security is going to skyrocket.

Plus, with more people working remotely, there's a growing need for solid network security and VPN skills, which means higher salaries in those areas.

Getting certified in stuff like CISSP, CISM, and CEH is also becoming more important, so having those cybersecurity certifications can help boost your earning potential.

New technologies and regulations are bound to impact cybersecurity salaries in Malta too.

The rise of quantum computing and blockchain will require specialized know-how, potentially leading to higher pay for those with the right expertise.

And with stricter rules like the EU's NIS2 Directive coming into play, there'll be more demand for compliance experts, driving up their earning possibilities.

The future of cybersecurity salaries in Malta is looking pretty sweet, with predicted growth, emerging job trends, and new tech all contributing to higher earning potential for skilled pros.

As the cybersecurity landscape keeps evolving, staying on top of your game through continuous learning and getting certified will be key to maximizing your salary opportunities in this fast-paced field.