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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 Lab.
IT security budget in 2018
Data provided by 22 respondents*
Europe, Finance, 249 employees
IT Security budget makes up 21% of the total IT spend
average
$ 274 124
average
$ 274 124
max
$ 1 093 750
2018
2021
Expected change to IT security budget in three years
+ 11 %
year
2018
2021
Threats experienced in the last 12 months
Data provided by 23 respondents*
Europe, Finance, 249 employees
74%
Physical loss of devices or media
70%
DDoS attacks
65%
Data breach
65%
Viruses & malware
61%
Incidents involving non-computing, connected devices
61%
Electronic leakage of data from internal systems
57%
Targeted attacks
57%
Inappropriate IT resource use by employees
57%
Phishing / social engineering attacks on accounts
52%
Incidents affecting IT Infrastructure hosted by a third party
52%
Inappropriate sharing of data via mobile devices
48%
Incidents affecting suppliers that the business shares data with
48%
Incidents affecting third party cloud services used by the business
48%
Incidents affecting virtualized environments
48%
Cryptomalware/ransomware
26%
Attacks on point-of-sale (POS) systems
26%
Financial losses due to attacks on ATM
26%
Attacks on core transactional / back office systems
22%
Attacks on online banking services
83%
Any cyberthreat
$ 104 617
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 6,687 business representatives from companies with up to 4,999 employees around the world, conducted in 2018 by Kaspersky Lab 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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