Information security professionals remained in strong demand last year with salary increases hitting a whopping 11 per cent, according to the latest annual market report from corporate governance recruiter Barclay Simpson.
The firm's 2011 Corporate Governance Market Report (PDF) analysed several related sectors, including internal audit, compliance and risk management, and found an early spike in 2010 caused by deferred demand from the financial services sector because of the recession.
"Demand from the consultancies and system integrators started to fully respond to the economic recovery from mid-year and from end users in industry and commerce towards the end of 2010," the report said.
"It is encouraging for many information security practitioners that the pool of redundant people has substantially dissipated. It is perhaps less encouraging for those who are looking to recruit."
With an average salary increase at 11 per cent for the year and multiple offers flooding in for job seeking professionals, 2011 is looking pretty rosy for the information security industry, although the report noted that austerity measures in the public sector might depress the market.
However, the trends highlighted in the report reaffirm the difficulty companies will have in attracting the best security professionals, and recruiters may be forced to pay more than they bargained for to fill specialist roles.
Barclay Simpson predicted that penetration testers will continue to be in high demand. PCI-DSS, security and event management and data loss prevention all drove demand in late 2010, and are expected to continue doing so this year.
The findings come after figures from recruitment sites CWJobs.co.uk and JobAdsWatch.co.uk last week showed that overall IT salaries rose five per cent in 2010, while E-skills UK said the market will grow at five times the national rate.
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