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 2020
Data provided by 30 respondents*
LATAM, IT & Telecoms, 4 999 employees
IT Security budget makes up 36% of the total IT spend
View analytics for previous years
average
$ 19 603 877
average
$ 19 603 877
max
$ 421 875 000
2020
2023
Expected change to IT security budget in three years
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.
IT and telecoms companies operating in Latin America often encounter data leaks from internal services and incidents with IT infrastructure hosted by third parties. To be better prepared for these events, we recommend these organizations deploy data center security solutions and work with a professional cybersecurity services provider.
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*These statistics are based on results from an online survey of 5,266 business representatives from companies with 50 and up to 4,999 employees around the world, conducted in 2020 by Kaspersky and B2B International. Statistics based on less than 30 respondents should be used with caution, due to this being a low base. The significant increase in the IT security budget in 2020 may be caused by the change of the survey sample for several verticals and significant fluctuations in budgets in these verticals.
** The methodology for measuring endpoint protection has been changed: now it represents the penetration of endpoint protection in businesses meaning the proportion of corporate endpoints (both physical devices and virtual endpoints) that have endpoint security software installed in the average organization of this vertical and segment.
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