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North America, Finance, -1 employees
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Calculate your company's security profile

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 25 respondents*
North America, Finance, -1 employees
IT Security budget makes up 20% of the total IT spend
View analytics for previous years
average
$ 20 065 625
average
$ 20 065 625
max
$ 125 000 000
2019
2022
Expected change to IT security budget in three years
+ 11 %
year
2019
2022
YoY Dynamics
Threats experienced in the last 12 months
Data provided by 26 respondents*
North America, Finance, -1 employees
69%
Viruses & malware
62%
Physical loss of devices or media
62%
Phishing / social engineering attacks on accounts
58%
DDoS attacks
50%
Cryptomalware/ransomware
50%
Targeted attacks
50%
Inappropriate sharing of data via mobile devices
50%
Inappropriate IT resource use by employees
46%
Incidents involving non-computing connected devices
46%
Cryptomining attacks
42%
Incidents affecting IT Infrastructure hosted by a third party
42%
Incidents affecting third party cloud services used by the business
42%
Data breach
38%
Electronic leakage of data from internal systems
35%
Incidents affecting virtualized environments
35%
Incidents affecting suppliers that the business shares data with
15%
Financial losses due to attacks on ATM
12%
Attacks on point-of-sale (POS) systems
12%
Attacks on core transactional / back office systems
8%
Attacks on online banking services
88%
Any cyberthreat
$ 1 532 534
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.

Small-to-medium enterprises, operating in the financial sector of North America, also encounter cyber incidents with third party cloud services, and with POS terminals.

This means that in order to efficiently counter these likely threats, you are encouraged to deploy cloud security and embedded systems security solutions.

Want to see more statistics?
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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.

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