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, -1 employees
IT Security budget makes up 19% of the total IT spend
$ 2 443 535
$ 2 443 535
$ 26 250 000
Expected change to IT security budget in three years
Incidents affecting suppliers that the business shares data with
$ 551 006
Average cost of one incident
Long gone are the times when an air gap would have been considered efficient. Today, industrial and manufacturing companies are just as vulnerable to malware as any other connected enterprise. However, with operational continuity vital, it is worth considering a cybersecurity solution specifically optimized for industrial operations. Another big problem for this sector is the inappropriate use of IT resources by staff, which cannot be solved without regular cyber awareness training.
The wider adoption of virtualized IT infrastructure in Europe has resulted in the growing number of incidents with these systems. To mitigate this threat, a virtualization-optimized security solution is recommended. The physical loss of devices and media is another big issue for your region, demanding special attention during cybersecurity training.
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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.