Cyber Security Career in Singapore [Updated 2024]

• 23 April, 2023
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Top Reasons to Consider a Cyber Security Career at Craw Security

In 2020, cybersecurity will be a hot topic everywhere. Particularly a Cyber Security Career in Singapore. As per the renowned TechCrunch reports for 2021, financing for cyber startups rose 138% to an all-time high of US$29.5 billion. An upsurge in cybercrime and conflicts in cyberspace has spurred a spike in interest in cybersecurity and cybersecurity employment.

Moreover, according to Cybersecurity Ventures, by 2025, cybercrime will cost the global economy USD 10.5 trillion (almost 30 times Singapore’s GDP).

Cybersecurity Job Shortage in Singapore

Cybercrime will have a harsh impact on or has previously influenced, nearly every government, business, and organization throughout the globe.  The dark truth is that as our businesses and society become more digital, cybercrime will only increase.  As a result, there is also a greater demand for cybersecurity personnel and capabilities across all industries and nations.

According to the Cyber Security Agency of Singapore (CSA), there is a lack of 3,400 cybersecurity specialists in Singapore. In addition, the cybersecurity sector is expanding significantly, which is a fantastic opportunity for anybody interested in a career in the field.

1.  Iron Rice Bowl Career

Why do we call something an “iron rice bowl”?  Technically talented cybersecurity specialists are in great demand and will continue to be so for a very long time.  As previously mentioned, the floodgates of cybercrime have been opened, causing a rush to find people who are capable of warding off these cyberattacks.

In Singapore, we are accustomed to thinking about steady occupations like those of doctors and attorneys; the latest example of this is cybersecurity.  A cybersecurity job is a sound decision with significant benefits as long as you have the required abilities and keep trying to train and develop.

2.  Competitive Salary For All Levels

As per PayScale, an entry-level cybersecurity professional in Singapore may expect to earn an average starting salary of SGD 51,000, while a higher-level position that calls for 3-5 years of expertise pays about SGD 88,000.  The average compensation for those who succeed in the field and hold positions like Chief Information Security Officer (CISO) is over SGD 200,000.  Naturally, the salary differs depending on one’s level of expertise, the industry, the number of hours worked, etc.

Due to the exceptionally strong technical and practical skills, they learn while doing the course at Centre For Cybersecurity (CFC), our learners start their jobs with their first paycheck of SGD$57,600, which is higher than the national average.  Hence, anyone can understand the Cyber Security Jobs Salary in Singapore is higher than expected.

3.  Quick Career Progression

As was already mentioned, there will be a significant demand for cybersecurity specialists at all levels in the years to come as the sector booms.  Information technology systems will also become more complex, necessitating ongoing training for cybersecurity staff to keep off sophisticated attacks from online criminals.

As a result, their cybersecurity jobs are becoming more difficult, and people must advance quickly during their careers with the need for cybersecurity professionals expanding.  An individual working in the cybersecurity sector won’t experience any slowdown, and there will be plenty of chances for him or her to advance swiftly as long as they continue to develop their skill sets.

Moreover, there are numerous paths one can follow to enhance their Cyber Security Career in Singapore, starting with understanding the mainstream cyber security career path certification.

Why Should You Consider a Career in Cybersecurity?

There can be several reasons why you should consider a career in cybersecurity.  However, the Top 5 Reasons that support our statement that you should consider a career in cyber security are listed below:

1. You’ll Be a Part of an Exciting, Challenging Field
2. You Will Find More Job Opportunities
3. You Can Earn Higher Pay
4. You’ll Be Able to Choose an Industry That Interests You
5. You Can Use Your Entire Skillset

1. You’ll Be a Part of an Exciting, Challenging Field

It is a sure-shot point to understand that a person who has made up his mind to join a career in cybersecurity would have long-lasting career benefits for a sound and soulful career ahead.  In this regard, you will become a part of a great community that will be ready to help you achieve the new zenith of your career with full support and complete assistance.

2. You Will Find More Job Opportunities

As the industry of cybersecurity continues to boom, it provides a great space for new as well as emerging talent to come and consider a career in cybersecurity.  Hence, you will find a pool of job opportunities everywhere you go, in almost every big and small organization throughout the world.

Moreover, you are just required to study harder in a good cybersecurity environment that can be possessed by a recognized cybersecurity institute like Craw Security, the Best Cybersecurity Training Institute in Singapore.  As a result, you will open up many doors of job opportunities for you as soon as you get near to finalizing the cyber security course here at CRAW Security.

3. You Can Earn Higher Pay

It is highly possible to make more money in the cybersecurity industry.  As enterprises across different verticals place increasing significance on safeguarding their digital assets and data from cyber threats, the field of cybersecurity is quickly expanding and in great demand.  Because of this, skilled cybersecurity specialists are in high demand and can fetch substantial wages in the long run.

Moreover, several other factors can contribute to earning higher pay in cybersecurity, including the following:

• Skillset and Expertise,
• Certifications,
• Experience,
• Industry and Organization,
• Location,
• Continuous Learning, etc.

4. You’ll Be Able to Choose an Industry That Interests You

It is a hard-core reality that if cybersecurity is a field of your choice, you will be able to choose an industry that interests you pretty well. Thus, rather than roaming around, knocking on every door of different specializations, and trying your luck, it is the foremost piece of advice that would give you to come to the cybersecurity domain and become a fully-fledged cybersecurity professional.

5. You Can Use Your Entire Skillset

Multidisciplinary in nature, cybersecurity calls for a broad spectrum of skills.  In this regard, the following are some vital skills frequently linked to cybersecurity:

• Technical Skills
  • Network security,
  • Secure coding,
  • Operating systems,
  • Vulnerability assessment and penetration testing,
  • Incident response,
• Security Concepts and Frameworks
  • Encryption and cryptography,
  • Access control and authentication,
  • Security frameworks,
• Risk Management and Governance
  • Risk assessment,
  • Compliance and regulations,
  • Security policies and procedures,
• Communication and Soft Skills
  • Problem-solving,
  • Communication,
  • Collaboration,

FAQs

About 3 Reasons to Consider a Cyber Security Career in Singapore

1: Is cyber security a good career in Singapore?

Yes, certainly, cyber security is a good career to start in Singapore, as the government of Singapore is taking serious steps to secure the datasets of its citizens and businesses from the harmful effects of various cyber-attacks.

2: Is cybersecurity in demand in Singapore?

Yes, there is a big demand for cybersecurity careers in Singapore. Singapore is an attractive target for various cyber threats due to its status as a major international financial and business center, and the government has prioritized cybersecurity.  The Cybersecurity Agency (CSA) of Singapore has created a thorough cybersecurity plan to create a secure and reliable web experience for Singapore.

3: Does cybersecurity pay well in Singapore?

The most recent information from the Ministry of Manpower’s Occupational Wage Table (2021) indicates that the average monthly payment of a cybersecurity professional in Singapore is between SGD 6,500 and SGD 7,000, translating to an annual salary between SGD 78,000 and SGD 84,000.

4: How much does a cybersecurity job pay in Singapore?

The cyber security industry pays very well to all the professionals holding a well-established cyber security career in Singapore.

Furthermore, according to the Ministry of Manpower’s Occupational Wage Table (2021), the average monthly salary of a cybersecurity professional in Singapore ranges from SGD 6,500 to SGD 7,000, which translates to an annual salary between SGD 78,000 and SGD 84,000.

5: What companies are hiring for Cyber Security jobs in Singapore?

Singapore has a large number of businesses hiring for cybersecurity positions.  The following are some instances of businesses that are now seeking cybersecurity experts in Singapore:

• DBS Bank
• Deloitte
• PwC
• Singtel
• Standard Chartered Bank
• Government Technology Agency (GovTech)

6: Why did you choose cyber security as a career?

A person who is interested in considering a career in cyber security should choose this domain for the following reasons:

• Growing Demand,
• Intellectual Challenge,
• Making a Difference,
• Variety and flexibility
• Competitive Salaries,
• Ever-Evolving Field,

7: Why should I be selected for a cyber security course?

You can genuinely be selected for a cyber security course only if you have the following qualities:

• 10th Passed Certificate from a recognized board, school, or university.
• A keen interest in doing something in this industry.
• Ability to learn and practice new and transforming technologies.

8: Is cybersecurity a good career?

Yes, cybersecurity is certainly a great career choice from the long list of varied disciplines. However, if a person possesses an analytical mindset and a keen interest in cybersecurity to do something in this domain, a background in cybersecurity can be a game-changer for transitioning the life of the learner upside down into a great personality of cyber security.

9: Is cyber security a 9-to-5 job?

The workplace atmosphere and schedule of cybersecurity professionals can differ. Many cybersecurity careers demand flexibility and might require functioning outside of normal business hours, even if others may have a standard 9 to 5 workday.

10: Is cyber security harder than coding?

Depending on personal viewpoints and experiences, one can subjectively decide whether cybersecurity is more difficult than coding.  The problems and domains of concentration in the two fields are distinct, but they both call for a certain set of abilities and expertise.

When comparing the difficulties of cybersecurity with coding, keep the following things in mind:

• Skillset and Knowledge,
• Complexity,
• Evolving Nature,
• Specializations, and many more.

Wrapping Up

To sum up, we would like to say that we have attempted all our efforts to describe 3 reasons to consider a cyber security career in Singapore. In addition, if you wish to know more about the mainstream information regarding the cyber security career in Singapore, you can give us a quick call at +65-93515400 and ask any query to our high-end educational counselors.