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Europe, Retail & Wholesale, 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 Lab.
IT security budget in 2018
Data provided by 41 respondents*
Europe, Retail & Wholesale, 4 999 employees
IT Security budget makes up 29% of the total IT spend
average
$ 3 790 926
average
$ 3 790 926
max
$ 20 625 000
2018
2021
Expected change to IT security budget in three years
+ 17 %
year
2018
2021
Security measures in place
Data provided by 44 respondents*
Europe, Retail & Wholesale, 4 999 employees
Threats experienced in the last 12 months
Data provided by 44 respondents*
Europe, Retail & Wholesale, 4 999 employees
61%
Data breach
59%
Physical loss of devices or media
55%
Incidents affecting virtualized environments
55%
Viruses & malware
50%
Incidents involving non-computing, connected devices
48%
DDoS attacks
48%
Inappropriate sharing of data via mobile devices
45%
Electronic leakage of data from internal systems
45%
Incidents affecting suppliers that the business shares data with
43%
Targeted attacks
43%
Inappropriate IT resource use by employees
39%
Incidents affecting third party cloud services used by the business
36%
Cryptomalware/ransomware
36%
Incidents affecting IT Infrastructure hosted by a third party
73%
Any cyberthreat
$ 767 241
Average cost of one incident
Recommendations

Retail and wholesale companies rely heavily on the staff they employ. In the digital age, they encounter cyberthreats such as malware, the inappropriate use of IT infrastructure by staff, and the physical loss of devices or media containing sensitive data. While the malware threat can be effectively mitigated by up-to-date information security solutions, including security solutions for POS terminals, the only way to improve the IT security performance of staff is through regular cyber-awareness training.

Retail and wholesale companies in Europe often encounter incidents with virtual infrastructure, and involving suppliers with which they share data or third-party cloud services. In addition to that, recent incidents with ransomware have highlighted the weak points in cyber defenses. The recommendations here include building an extra layer of defense with cloud security solutions, enforcing the encryption of data in motion, and the deployment of virtualization-optimized solutions that ensure protection without hindering performance. It's also important that IT systems are protected with security solutions which have proven to be effective against ransomware and allow organizations to comply with data protection regulations – especially as the GDPR will soon be enforceable in Europe.

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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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