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 2020
Data provided by 69 respondents*
Europe, Industrial/Manufacturing, 4 999 employees
IT Security budget makes up 32% of the total IT spend
View analytics for previous years
average
$ 5 214 208
average
$ 5 214 208
max
$ 25 312 500
2020
2023
Expected change to IT security budget in three years
+ 10 %
year
2020
2023
YoY Dynamics
Find out data for my company
Threats experienced in the last 12 months
Data provided by 74 respondents*
Europe, Industrial/Manufacturing, 4 999 employees
35%
Data breach
26%
Inappropriate IT resource use by employees
24%
Malware infection of BYOD devices
24%
IT Security policies violation by employees
23%
Physical loss of devices or media
22%
Cryptomalware/ransomware
22%
Targeted attacks
22%
Phishing / social engineering attacks on accounts
20%
Supply chain attacks
19%
Inappropriate sharing of data via mobile devices
19%
Physical loss of company owned mobile devices exposing the organization to risk
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 5,266 business representatives from companies with 50 and up to 4,999 employees around the world, conducted in 2020 by Kaspersky and B2B International. Statistics based on less than 30 respondents should be used with caution, due to this being a low base. The significant increase in the IT security budget in 2020 may be caused by the change of the survey sample for several verticals and significant fluctuations in budgets in these verticals.
** The methodology for measuring endpoint protection has been changed: now it represents the penetration of endpoint protection in businesses meaning the proportion of corporate endpoints (both physical devices and virtual endpoints) that have endpoint security software installed in the average organization of this vertical and segment.
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