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 79 respondents*
Europe, Industrial/Manufacturing, 4 999 employees
IT Security budget makes up 19% of the total IT spend
View analytics for previous years
average
$ 2 443 535
average
$ 2 443 535
max
$ 26 250 000
2019
2022
Expected change to IT security budget in three years
+ 11 %
year
2019
2022
YoY Dynamics
Threats experienced in the last 12 months
Data provided by 90 respondents*
Europe, Industrial/Manufacturing, 4 999 employees
59%
Physical loss of devices or media
58%
Viruses & malware
47%
Data breach
44%
Inappropriate IT resource use by employees
44%
Inappropriate sharing of data via mobile devices
41%
DDoS attacks
37%
Cryptomalware/ransomware
37%
Incidents affecting virtualized environments
34%
Electronic leakage of data from internal systems
34%
Targeted attacks
34%
Incidents affecting third party cloud services used by the business
34%
Incidents affecting IT Infrastructure hosted by a third party
Industrial and manufacturing companies are suffering most from a threat that is commonly overlooked-generic malware, which gets right inside the industrial network. This means the implementation of cybersecurity solutions, that are designed for industrial and manufacturing organizations and that are aware of specific OT assets, are imperative. To further improve cybersafety, it is recommended that these organizations invest in cybersecurity services that include regular cyber awareness training.
European industrial and manufacturing companies seem to be quite well-equipped against most known cyberthreats. However, even they suffer from incidents like ransomware outbreaks. Therefore, a specialized anti-ransomware protection for industrial computers could add an additional layer of cyber resilience to their industrial environment.
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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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