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 2018
Data provided by 35 respondents*
LATAM, Government, 1 000 employees
IT Security budget makes up 26% of the total IT spend
$ 10 908 383
$ 10 908 383
$ 101 250 000
Expected change to IT security budget in three years
Government organizations are a key target for cyber-terrorism and state-sponsored attacks, so we recommend investment in a targeted attack detection and mitigation strategy, including empowering the SOC with the most advanced possible threat intelligence. It’s also important for government bodies to be fully aware of high profile cyber-espionage campaigns through comprehensive, practical reporting from security knowledge providers. Compliance is a big issue for government organizations, so we also recommend using an on-demand version of threat intelligence for isolated networks, where regulation excludes any data transfer outside the IT system's perimeter. To educate employees about the cyberthreats and behaviors that put government bodies at risk, it is highly recommended that organizations conduct cybersecurity awareness training among staff.
Latin American government agencies suffer from targeted attacks, data leaks, data exchange incidents involving third-party suppliers, incidents linked to services hosted by contractors and breaches within their virtual infrastructure. Therefore, it is highly recommended that they deploy solutions that protect them against targeted attacks, as well as cloud security solutions. At the same time, the reliable protection of virtual infrastructure without affecting performance can be achieved with specialized virtualization security.
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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 and B2B International. Statistics based on less than 30 respondents should be used with caution, due to this being a low base.