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 20 respondents*
LATAM, Retail & Wholesale, 99 employees
IT Security budget makes up 21% of the total IT spend
$ 6 340
$ 6 340
$ 225 938
Expected change to IT security budget in three years
Incidents affecting IT Infrastructure hosted by a third party
$ 16 000
Average cost of one incident
Being an agile company in the retail and wholesale segment means you have no time to lose on fixing the consequences of malware infections on your systems. You are encouraged to deploy a comprehensive multi-layered cybersecurity solution in order to prevent an infection from happening. Another big problem for this sector is the inappropriate use of IT resources by staff, which cannot be solved without regular cyber awareness training.
The electronic leakage of information from internal systems, along with the physical loss of devices and data is a big issue for retail and wholesale companies in your region, demanding special attention during cybersecurity training. Training should occur regularly and involve renowned cybersecurity professionals.
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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.