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 24 respondents*
North America, Industrial/Manufacturing, 99 employees
IT Security budget makes up 28% of the total IT spend
average
$ 17 367
average
$ 17 367
max
$ 206 250
2018
2021
Expected change to IT security budget in three years
+ 10 %
year
2018
2021
Security measures in place
Data provided by 27 respondents*
North America, Industrial/Manufacturing, 99 employees
Incidents affecting suppliers that the business shares data with
22%
Incidents affecting third party cloud services used by the business
22%
Incidents affecting IT Infrastructure hosted by a third party
19%
Data breach
19%
Cryptomalware/ransomware
19%
Electronic leakage of data from internal systems
19%
Inappropriate sharing of data via mobile devices
63%
Any cyberthreat
$ 19 100
Average cost of one incident
Recommendations
Long gone are the times when an air gap would have been considered efficient. Today, industrial and manufacturing companies are just as vulnerable to malware as any other connected enterprise. However, with operational continuity vital, it is worth considering a cybersecurity solution specifically optimized for industrial operations. 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 physical loss of devices and media, along with the electronic leakage of data from internal systems is a big issue for North American industrial and manufacturing companies. This demands special attention during cybersecurity training. Such training should occur regularly and involve renown cybersecurity professionals.
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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.
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