Two reasons: The rise of cyber-attacks and the need to defend cyber security. Application Security (AppSec) Engineers are an all-in-one package that has vast experience in penetration testing, code reviews, application security architecture, and threat modeling.
Enterprises and start-ups hire them because of their vast experience in SDLC, proactive threat analysis, and open-source projects.
An AppSec ensures there are best security practices followed at all phases of the software development lifecycle (SDLC).
They work closely with the development teams, product managers, and 3rd-party groups (like the paid bug bounty program) for code reviews, security standards, data encryption, application of scrum or agile methodologies
Basically, recruiters and hiring managers look for those AppSec candidates who think data is life and are passionate about handling data and sensitive assets.
As per sources, the market for AppSec is estimated to exceed $9,779.8 Mn and grow at a 16.1% CAGR between 2020-2027, in the North American region.
Reasons, why Application Security Engineers are in heavy demand:
The U.S Bureau of Labor Statistics notes that careers in cyber security are growing at a projected growth rate of 35% between 2020 and 2030.
As per Glassdoor estimates, the national average salary for an Application Security Engineer per year in the USA is $ 1,16,903 per year.
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