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 2018
Data provided by 35 respondents*
North America, Finance, 999 employees
IT Security budget makes up 28% of the total IT spend
$ 585 749
$ 585 749
$ 5 625 000
Expected change to IT security budget in three years
Incidents affecting suppliers that the business shares data with
Inappropriate sharing of data via mobile devices
Incidents affecting IT Infrastructure hosted by a third party
Incidents affecting virtualized environments
Electronic leakage of data from internal systems
Incidents affecting third party cloud services used by the business
Attacks on online banking services
Financial losses due to attacks on ATM
Attacks on core transactional / back office systems
Attacks on point-of-sale (POS) systems
$ 166 780
Average cost of one incident
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.
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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 and B2B International. Statistics based on less than 30 respondents should be used with caution, due to this being a low base.