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Europe, Finance, 249 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 16 respondents*
Europe, Finance, 249 employees
IT Security budget makes up 20% of the total IT spend
View analytics for previous years
average
$ 237 977
average
$ 237 977
max
$ 1 093 750
2019
2022
Expected change to IT security budget in three years
+ 2 %
year
2019
2022
YoY Dynamics
Threats experienced in the last 12 months
Data provided by 19 respondents*
Europe, Finance, 249 employees
68%
Viruses & malware
68%
Inappropriate IT resource use by employees
63%
Physical loss of devices or media
58%
Data breach
58%
Electronic leakage of data from internal systems
53%
Cryptomalware/ransomware
53%
Incidents affecting suppliers that the business shares data with
53%
Phishing / social engineering attacks on accounts
53%
Incidents affecting virtualized environments
53%
Inappropriate sharing of data via mobile devices
47%
Cryptomining attacks
47%
Incidents affecting third party cloud services used by the business
47%
Targeted attacks
47%
DDoS attacks
42%
Incidents affecting IT Infrastructure hosted by a third party
37%
Incidents involving non-computing connected devices
16%
Attacks on point-of-sale (POS) systems
16%
Attacks on online banking services
16%
Attacks on core transactional / back office systems
11%
Financial losses due to attacks on ATM
79%
Any cyberthreat
$ 126 330
Average cost of one incident
Security measures in place
Data provided by 19 respondents*
Europe, Finance, 249 employees
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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