This is the ultimate guide to the cost of IT security. Select the details that match your company to see the average budgets your industry peers spend on IT security (by region, industry, size), what security measures they take, the major threat vectors they encounter, how much money they lose as a result, and what you can do to avoid being compromised. The Calculator has been created as an adjustable tool. The data presented can be updated and/or added to over time based on insights from customers and Kaspersky.
IT security budget in 2019
Data provided by 16 respondents*
APAC & Japan, Finance, 249 employees
IT Security budget makes up 31% of the total IT spend
$ 739 878
$ 739 878
$ 8 437 500
Expected change to IT security budget in three years
Incidents affecting suppliers that the business shares data with
Incidents affecting IT Infrastructure hosted by a third party
Inappropriate sharing of data via mobile devices
Phishing / social engineering attacks on accounts
Attacks on core transactional / back office systems
Attacks on point-of-sale (POS) systems
Attacks on online banking services
Financial losses due to attacks on ATM
$ 162 052
Average cost of one incident
You may not have a dedicated IT person in your team, but you should know that you will, at some point, have to deal with malware – if your company operates with financial transactions, it's very likely that your business will come under cybercriminal fire sooner or later. To effectively counter this threat, install a multi-layered security solution that fends off malware, protects your valuable data from ransomware, and allows for safe banking.
It seems that your region is ahead of many others in terms of virtual IT infrastructure, because incidents with virtual infrastructure top the list of threats encountered by SMEs here, with data leaks and the inappropriate use of IT by employees coming second. The first threat can be efficiently mitigated with a specialized security solution for virtualization, that doesn't hinder performance. The second threat requires cyber awareness training.
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*These statistics are based on results from an online survey of 4,474 business representatives from companies with up to 4,999 employees around the world, conducted in 2019 by Kaspersky and B2B International. Statistics based on less than 30 respondents should be used with caution, due to this being a low base.