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 16 respondents*
META, Finance, 249 employees
IT Security budget makes up 17% of the total IT spend
average
$ 132 465
average
$ 132 465
max
$ 859 375
2018
2021
Expected change to IT security budget in three years
Incidents affecting third party cloud services used by the business
43%
Incidents affecting IT Infrastructure hosted by a third party
43%
Phishing / social engineering attacks on accounts
43%
Cryptomalware/ransomware
38%
Targeted attacks
38%
Incidents affecting virtualized environments
38%
Inappropriate sharing of data via mobile devices
33%
Electronic leakage of data from internal systems
29%
DDoS attacks
24%
Attacks on online banking services
19%
Incidents affecting suppliers that the business shares data with
14%
Financial losses due to attacks on ATM
14%
Attacks on core transactional / back office systems
10%
Attacks on point-of-sale (POS) systems
86%
Any cyberthreat
$ 44 969
Average cost of one incident
Recommendations
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.
Companies working in the financial sector of your region report experiencing disruption to their services, due to DDoS attacks and the inappropriate use of IT resources by staff. To ensure that doesn't happen anymore, you are advised to implement a complete integrated DDoS attack mitigation strategy, and reserve budget for cyber awareness training, which you should commission from professionals.
Want to see more statistics?
Fill out this form to download the «On the Money: Growing IT Security Budgets to Protect Digital Transformation Initiatives» report
*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.
We use cookies to make your experience of our websites better. By using and further navigating this website you accept this. Detailed information about the use of cookies on this website is available by clicking on
more information