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Europe, IT & Telecoms, 4 999 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.

IT security budget in 2019
Data provided by 62 respondents*
Europe, IT & Telecoms, 4 999 employees
IT Security budget makes up 24% of the total IT spend
View analytics for previous years
average
$ 6 763 351
average
$ 6 763 351
max
$ 52 500 000
2019
2022
Expected change to IT security budget in three years
+ 9 %
year
2019
2022
YoY Dynamics
Threats experienced in the last 12 months
Data provided by 70 respondents*
Europe, IT & Telecoms, 4 999 employees
53%
Inappropriate IT resource use by employees
53%
Physical loss of devices or media
51%
Viruses & malware
50%
Data breach
47%
Inappropriate sharing of data via mobile devices
46%
Targeted attacks
44%
Incidents affecting IT Infrastructure hosted by a third party
43%
Incidents involving non-computing connected devices
41%
Incidents affecting third party cloud services used by the business
37%
Incidents affecting suppliers that the business shares data with
36%
Cryptomalware/ransomware
36%
DDoS attacks
36%
Incidents affecting virtualized environments
36%
Cryptomining attacks
30%
Electronic leakage of data from internal systems
77%
Any cyberthreat
$ 576 343
Average cost of one incident
Security measures in place
Data provided by 70 respondents*
Europe, IT & Telecoms, 4 999 employees
Recommendations

IT and telecoms companies, data centers and cloud infrastructures, are at the forefront of implementing the newest technological advances, but they are also at the forefront when it comes to encountering the most cyber threats. They have one of the highest rates of virtual infrastructure cyber incidents, not to mention the fact they have to fight off huge amounts of malware and encounter DDoS and similar attacks every day. This means that, besides building a multi-layered defense against malware, they should be using specialized security solutions optimized for virtual environments, and should invest in cyber-awareness training for their staff. Only complete fully-fledged cybersecurity solutions for data centers and cloud-based systems can ensure the continuity of service that is such an important customer consideration for these organizations when they are selecting or changing provider.

European IT and telecoms companies have to counter targeted attacks and withstand DDoS attacks. We recommend they do this with the latest IT security solutions, combined with threat intelligence and cybersecurity services, anti-targeted attack and DDoS protection.

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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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