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 55 respondents*
Europe, Industrial/Manufacturing, 4 999 employees
IT Security budget makes up 24% of the total IT spend
average
$ 14 303 835
average
$ 14 303 835
max
$ 82 500 000
2018
2021
Expected change to IT security budget in three years
Incidents affecting suppliers that the business shares data with
38%
Incidents affecting IT Infrastructure hosted by a third party
36%
Electronic leakage of data from internal systems
33%
Targeted attacks
33%
Inappropriate sharing of data via mobile devices
32%
Incidents affecting third party cloud services used by the business
30%
DDoS attacks
29%
Incidents affecting virtualized environments
27%
Cryptomalware/ransomware
73%
Any cyberthreat
$ 1 131 859
Average cost of one incident
Recommendations
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 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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