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Europe, Finance, 99 employees
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Calculate your company's security profile

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 37 respondents*
Europe, Finance, 99 employees
IT Security budget makes up 27% of the total IT spend
View analytics for previous years
average
$ 51 032
average
$ 51 032
max
$ 859 375
2019
2022
Expected change to IT security budget in three years
+ 5 %
year
2019
2022
YoY Dynamics
Threats experienced in the last 12 months
Data provided by 40 respondents*
Europe, Finance, 99 employees
50%
Physical loss of devices or media
50%
Viruses & malware
48%
Data breach
48%
Inappropriate sharing of data via mobile devices
48%
Inappropriate IT resource use by employees
45%
Phishing / social engineering attacks on accounts
45%
Incidents affecting third party cloud services used by the business
40%
Incidents involving non-computing connected devices
40%
Targeted attacks
38%
Incidents affecting virtualized environments
38%
Incidents affecting IT Infrastructure hosted by a third party
35%
DDoS attacks
33%
Incidents affecting suppliers that the business shares data with
33%
Electronic leakage of data from internal systems
30%
Cryptomalware/ransomware
28%
Cryptomining attacks
20%
Attacks on point-of-sale (POS) systems
15%
Attacks on online banking services
15%
Attacks on core transactional / back office systems
13%
Financial losses due to attacks on ATM
63%
Any cyberthreat
$ 33 743
Average cost of one incident
Recommendations

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.

Companies working in the financial sector in Europe have reportedly experienced disruption to their services due to DDoS attacks. To ensure that doesn't happen anymore, you are advised to implement an integrated DDoS attack mitigation strategy .

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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.

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