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 16 respondents*
LATAM, Finance, -1 employees
IT Security budget makes up 28% of the total IT spend
$ 14 729 818
$ 14 729 818
$ 218 750 000
Expected change to IT security budget in three years
Incidents affecting third party cloud services used by the business
Incidents affecting suppliers that the business shares data with
Incidents affecting virtualized environments
Attacks on online banking services
Financial losses due to attacks on ATM
Attacks on point-of-sale (POS) systems
Attacks on core transactional / back office systems
$ 985 636
Average cost of one incident
You may not have a dedicated IT person in your team, but you should know that you will, at some point, have to deal with malware – if your company operates with financial transactions, it's very likely that your business will come under cybercriminal fire sooner or later. To effectively counter this threat, install a multi-layered security solution that fends off malware, protects your valuable data from ransomware, and allows for safe banking.
Latin American companies often complain about the inappropriate use of IT resources by staff. The only way to keep this threat down is to reserve budget for cyber awareness training, which you should purchase from professionals.
Want to see more statistics?
Fill out this form to download the «IT security economics in 2019: How businesses are losing money and saving costs amid cyberattacks» report
*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.