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North America, IT & Telecoms, 999 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 Lab.
IT security budget in 2018
Data provided by 47 respondents*
North America, IT & Telecoms, 999 employees
IT Security budget makes up 28% of the total IT spend
average
$ 695 209
average
$ 695 209
max
$ 4 812 500
2018
2021
Expected change to IT security budget in three years
+ 21 %
year
2018
2021
Security measures in place
Data provided by 48 respondents*
North America, IT & Telecoms, 999 employees
Threats experienced in the last 12 months
Data provided by 48 respondents*
North America, IT & Telecoms, 999 employees
69%
Physical loss of devices or media
63%
Data breach
63%
Viruses & malware
60%
Inappropriate sharing of data via mobile devices
58%
DDoS attacks
56%
Electronic leakage of data from internal systems
56%
Inappropriate IT resource use by employees
54%
Incidents involving non-computing, connected devices
52%
Incidents affecting suppliers that the business shares data with
48%
Targeted attacks
48%
Incidents affecting third party cloud services used by the business
48%
Incidents affecting IT Infrastructure hosted by a third party
48%
Incidents affecting virtualized environments
42%
Cryptomalware/ransomware
81%
Any cyberthreat
$ 208 905
Average cost of one incident
Recommendations

Telecom companies, data centers and cloud infrastructure are frequent targets for cyberattacks. You will be the first line of defense for your clients in the case of a malware outbreak. Thus, you are encouraged to deploy a comprehensive multi-layered cybersecurity solution. Another big problem for this sector is the inappropriate use of IT resources by staff, which cannot be solved without regular cyber awareness training.

North American IT and Telecom companies are often the first to witness targeted attacks affecting them or their clients. This requires them to have a good level of qualifications among their cybersecurity officers. This can only be achieved through regular training with cybersecurity professionals. Incidents within virtual IT infrastructure are also common in this sector, requiring virtualization-optimized security solutions that provide protection, without hindering performance.

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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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