Cyberattacks have increased due to global digitization and the pandemic. Therefore, firms are more concerned about cybersecurity. The rising cost of cybercrime may increase the demand for skilled information security specialists. Through 2025, Cyber Security Ventures expects the cybersecurity market to expand by 12–15% as small businesses, large corporations, and governments spend more on security (Source: Cybercrime Magazine Report). 

A poll found that 48% of CISM certificate holders received a raise within a year. Senior candidates who successfully manage challenging projects may expect a five-figure or six-figure salary. Analysts foresee an explosive rise in cybersecurity professional needs. 

Who is a Certified Information Security Manager (CISM)?

Certified Information Security Managers (CISMs) develop, implement, and manage an organization's security network to identify threats and vulnerabilities and prevent security breaches.

Governance, risk management, incident management, and infosec programs depend on them. As indicated, you need a CISM certification.

CISM experts understand how information security and business work together to protect commercial IT networks. As a result, CISM professionals earn more than non-certified professionals.

To get the CISM certification and advance your cybersecurity career, you must know your earning potential. This CISM certification guide covers the 2024 CISM salary details.

Average Certified Information Security Manager (CISM) salary in India

In India, CISM holders may expect an average salary of ₹26.2 lakh. These experts can earn an annual salary of ₹23L or even ₹50L. ISACA has reported that a CISM certification can increase salaries by 42%.

Depending on their expertise, work experience, and other factors, CISM-certified professionals may have numerous opportunities for professional growth and financial reward. These factors substantially impact the typical salary range for a CISM.

CISM Salaries by Companies

Now, let's discuss the salary ranges for CISM in different organizations.

1. TCS 

A CISM Certified Information Security Manager at Tata Consultancy Services earns ₹19.3L–₹21L per year, including base salary and bonuses. CISM Certified Information Security Managers at Tata Consultancy Services earn an average of ₹20.1L annually.

2. Infosys

A Certified Information Security Manager at Infosys earns an estimated ₹10.0L–₹21.0L per year. The average base salary for CISM Certified Information Security Managers is ₹15.0L annually.

3. Cognizant

A CISM's estimated yearly income range might range from 16.0L to 28.2L. ₹20.0L is the average annual base salary for CISMs.

4. IBM 

A CISM at IBM can expect an annual salary between 9.0L and 24.5L. ₹17.1L is the average annual base salary for a CISM Certified Information Security Manager.

5. Wells Fargo

At Wells Fargo, a CISM-certified information Security Manager can expect to earn a total yearly salary between 20.2L and 42.0L. CISMs also typically have a typical annual base salary of ₹29.5L.

6. JP Morgan Chase

A CISM at JP Morgan Chase can expect an annual compensation between ₹10.0L and ₹21.0L, with an average base salary of ₹15.0L.

CISM Salaries by Job Roles 

In this section, we will look closer at the CISM salaries by job roles:

Role

Average Annual Salary

Salary Range

Information Security Manager

₹2,185,937

₹1m - ₹3m

Chief Information Security Officer

₹2,896,552

₹993k - ₹6m

Cyber Security Manager

₹2,398,080

₹147k - ₹5m

Vice President (VP), Information Technology (IT)

₹4,532,356

₹3m - ₹5m

Senior Security Consultant

₹1,500,000

₹924k - ₹3m

Information Security Specialist

₹2,100,000

₹1m - ₹3m

Information Security Officer

₹3,649,315

₹2m - ₹4m

Information Technology (IT) Manager

₹2,500,000

₹993k - ₹3m

Information Technology (IT) Director

₹4,500,000

₹3m - ₹6m

Security Consultant, (Computing/Networking/IT)

₹1,400,000

₹590k - ₹2m

Information Security Analyst

₹650,000

₹327k - ₹992k

Chief Security Officer (CSO)

₹2,000,000

₹1m - ₹3m

Information Technology (IT) Auditor

₹1,100,000

-

Security Architect, IT

₹3,643,836

-

Network Security Engineer

₹5,60,000

₹3.0L - ₹ 12.0L

CISM Salaries in Different Departments

This section will shed light on the CISM salaries based on the different departments professionals work in (Source: AmbitionBox):

1. IT & Information Security

The salary range for Certified Information Security Managers in India is between ₹19.5 and ₹19.3 lakhs per annum.

2. Customer Success, Service & Operations

The average yearly payment for an information security manager in India is around ₹17 Lakhs.

3. Engineering: Hardware & Networks

The average yearly income for CISM is 16.2 lakhs rupees, with a salary range of 8.0 to 37.0 lakhs rupees. 

4. Project & Program Management

The average yearly pay scale for an information security manager in India is ₹17.8 Lakhs, but it can go as high as ₹34.3 Lakhs.

5. Engineering: Software & QA

The annual salary of an information security manager in India can vary from 8.5 to 40.0 lakhs rupees, with an average of 19.2 lakhs rupees.

Certified Information Security Manager (CISM) Salary in India: Based on Experience

Exploring the CISM salary in India reveals how compensation varies with experience, offering insights into earning potential for professionals at different stages of their careers. In this section, we will find out how the salary of CISM professionals varies based on experience (Source: AmbitionBox):

Entry-Level Certified Information Security Manager (CISM) Salary in India 

Entry-level positions often pay less than ₹10 lakh.

Mid-Level Certified Information Security Manager (CISM) Salary in India 

An intermediate CISM-certified professional (5–10 years of experience) can earn an average of ₹10.7 Lakhs to ₹19.1 Lakhs.

Experienced Certified Information Security Manager (CISM) Salary in India 

Executives with 15+ years of expertise managing complex projects can earn a five-figure or six-figure salary, averaging ₹ 22.5 Lakhs.

Certified Information Security Manager (CISM) Salary in India: Based on Location

Geography and industry affect CISM salaries, and regional cost of living and demand affect pay. 

Bangalore

Bengaluru is India's IT powerhouse, leading the cybersecurity job market with 23.11%. Careers in cybersecurity in Bangalore pay well, between ₹ 10.0 Lakhs and ₹ 41.5 Lakhs, with an average yearly salary of ₹ 22.0 Lakhs.

Chennai

Chennai is India's IT and commercial capital, and cybersecurity specialists have many options. Chennai offers cybersecurity professionals excellent salaries and promising job prospects, with salaries ranging between ₹ 9.5 Lakhs and ₹ 32.0 Lakhs, with the average annual salary being ₹ 16.7 Lakhs.

Pune 

Pune needs more cybersecurity experts to safeguard our digital environment. Cybersecurity specialists are drawn to Pune's lucrative salaries and benefits, which range between ₹ 9.0 Lakhs and ₹ 35.0 Lakhs, with the average salary being ₹ 20.7 Lakhs. 

Mumbai

With an expected industry value by 2029, Mumbai is quickly becoming a center for cybersecurity jobs, with salaries ranging between ₹ 8.5 Lakhs to ₹ 32.0 Lakhs. The cybersecurity market in India is seeing a 40% yearly increase in income, which is driving up demand for cybersecurity personnel. A cybersecurity professional in Mumbai earns an average salary of ₹ 15.6 Lakhs annually.

Hyderabad 

Hyderabad's cybersecurity jobs are great, with high growth and excellent pay ranging between ₹ 9.6 Lakhs and ₹ 38.5 Lakhs, and the average annual salary is ₹ 20.8 Lakhs. Salary may vary depending on experience, talents, and location. 

Delhi 

Delhi is slowly becoming a tech hotspot and needs cybersecurity expertise more than ever. The salary of cybersecurity professionals in Delhi ranges between ₹ 2.5 Lakhs and ₹ 10.0 Lakhs, with the average annual salary being ₹ 6.5 Lakhs.

Conclusion 

The Certified Information Security Manager (CISM) salary in India reflects the growing importance of cybersecurity in today's digital landscape. As demand for skilled information security managers continues to rise, professionals with CISM certification can expect competitive compensation, with salaries increasing significantly based on experience and expertise. This trend underscores the value of obtaining CISM certification for those seeking to advance their careers and secure lucrative positions in the cybersecurity field.

FAQs

1. Is a Certified Information Security Manager (CISM) still in demand?

According to CyberSeek, over 572,000 cybersecurity jobs and 1.18 million people are available. The Certified Information Security Manager is in high demand.  

2. Which pays more, AWS or Azure?

Due to AWS's widespread use, AWS-certified experts earn somewhat more. However, Azure-certified workers earn attractive pay, especially in Microsoft-focused firms.

3. Is Azure a high-paying job?

Azure is widely used for cloud computing, and its use is expanding. It implies that developers have several career prospects. Demand for competent cloud experts rises as more businesses switch to Microsoft Azure. Cloud companies seek Azure talent that meets their needs. For deserving candidates, they will receive substantial salaries.

Our Cyber Security Certifications Online Duration And Fees

Cyber Security Certifications typically range from a few weeks to several months, with fees varying based on program and institution.

Program NameDurationFees
Cybersecurity for Technical Leaders Program

Cohort Starts: 17 Jul, 2024

3 Months$ 3,000
Post Graduate Program in Cyber Security

Cohort Starts: 1 Aug, 2024

6 Months$ 3,000
Caltech Cybersecurity Bootcamp

Cohort Starts: 7 Oct, 2024

6 Months$ 8,000
Cyber Security Expert6 Months$ 2,999

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