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 210 respondents*
META, All industries, 4 999 employees
IT Security budget makes up 26% of the total IT spend
average
$ 3 693 651
average
$ 3 693 651
max
$ 82 500 000
2018
2021
Expected change to IT security budget in three years
Incidents affecting third party cloud services used by the business
39%
Incidents affecting virtualized environments
38%
Electronic leakage of data from internal systems
38%
Incidents affecting suppliers that the business shares data with
30%
Cryptomalware/ransomware
8%
Phishing / social engineering attacks on accounts
6%
Attacks on point-of-sale (POS) systems
6%
Attacks on online banking services
6%
Financial losses due to attacks on ATM
5%
Attacks on core transactional / back office systems
77%
Any cyberthreat
$ 979 919
Average cost of one incident
Recommendations
The META region is very fast-growing in terms of information technology and telecommunication development. Generally, the economy's growth strategy is to create an environment that will attract global business, promoting regional development and commercial success. Cybercriminals are well-aware of this approach and believe the META region offers them good opportunities to monetize cyberattacks. Our advice to META businesses is that they should understand the risks, and implement a strong IT security risk mitigation strategy, involving high levels of security awareness enablement for employees. It’s also very important to ensure that core IT security solutions, e.g. endpoint protection platform, cloud security, mobile security and anti-targeted attack solutions, are equipped with the latest and most powerful technologies.
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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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