Cyber Security Manager Salary is obviously a primary consideration when hiring an in-house, full-time security team. But is a full-time employee a better solution than outsourcing a security consultant? It makes sense to compare the costs and benefits of full-time employees, versus outsourcing a managed security service provider. Often an MSSP can offer a better solution, faster, and at a much lower cost. Here’s a guide.
As a base, we might suggest that Cyber Security Manager salaries begin at around $120,000 per year in the U.S. — and go up from there, based on a variety of factors:
Salaries are $15,000-25,000 higher in the Bay Area, New York, Los Angeles, and Seattle
Salaries are $15,000-20,000 higher at enterprise-size companies
Salaries are higher based on the number of employees to manage
A cyber security consultant replaces an entire full-time security team, so comparing costs can vary quite a bit. As an example, at Sennovate, we may charge a client an ongoing fee of $5000/month, while offering the services of 3-5 cyber security specialists. That could mean we cost $5000/month, while a small security team could cost upwards of $40,000/month. Clearly, a dramatic savings. Plus, our rotating team of experts offers specialization in each security component, whereas a traditional full-time team would offer generalization with less expertise.
A full-time security team offers the advantage of being in-person during business hours. This offers opportunity for clear communication, and personalization. A medium-sized company should choose to hire a 1-3 person IT security team if they value in-person and frequent communication overspecialized experience and 24/7 management.
Cyber security consultants, like Sennovate, offer 24/7 support, not just during business hours. Plus, a consultant group with extensive resources can assign product specialists to your implementation, ensuring a best-in-class setup — which simply cannot be matched by an in-house team of security generalists.
MSSP stands for Managed Security Services Provider. Basically, an MSSP is an outsourced security team. At Sennovate, we provide all security product implementations, management, and updates.
Identity and Access Management (IAM) typically refers to Single Sign On (SSO), Multi-Factor Authentication (MFA), and Privileged Access Management (PAM) products and solutions. As a component of a larger cyber security solution, IAM is used by publishers, banks, online retailers, and global organizations.
IAM solutions and products are a growing industry with many players. We tend to frequently implement Okta, Idaptive, Thycotic, Centrify, and AlienVault. New products like Remediant are also fantastic solutions. Bottomline, every company should consider the products that best meet their security needs and budgets. Feel free to call Sennovate anytime with questions or a free consultation: (925) 918-6618
The most important factor is experience and effective workflow, whether in-person, on-site, virtual, or off-site. That said, we think working with a security consultant near you is an advantage. This will allow your security consultant to better communicate with existing IT teams, and better understand your current information architecture. A non-local security consultant becomes a good option if they follow security best practices, and have an established virtual workflow. Why? Location is less significant when virtual workforce tools are effectively adopted by consultant and client, whether a small business or global enterprise. Plus, on-site specialists can become costly. Bottomline, look for a security consultant who offers an excellent communication process, clear workflow, and custom security solution for your business.
Sennovate delivers custom identity and access management solutions to businesses around the world. With global partners and a library of 1000+ integrations, we implement world-class cybersecurity solutions that save your company time and money. We offer a seamless experience with integration across all cloud applications, and a single price for product, implementation, and support. Have questions? The consultation is always free. Email [email protected] or call us at: (925) 918-6618