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North America, IT & Telecoms, 4 999 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 44 respondents*
North America, IT & Telecoms, 4 999 employees
IT Security budget makes up 25% of the total IT spend
average
$ 4 462 358
average
$ 4 462 358
max
$ 33 750 000
2018
2021
Expected change to IT security budget in three years
+ 11 %
year
2018
2021
Security measures in place
Data provided by 47 respondents*
North America, IT & Telecoms, 4 999 employees
Threats experienced in the last 12 months
Data provided by 47 respondents*
North America, IT & Telecoms, 4 999 employees
79%
Viruses & malware
79%
Physical loss of devices or media
70%
Data breach
66%
Targeted attacks
64%
Inappropriate IT resource use by employees
62%
DDoS attacks
60%
Electronic leakage of data from internal systems
60%
Incidents involving non-computing, connected devices
55%
Incidents affecting suppliers that the business shares data with
55%
Incidents affecting third party cloud services used by the business
55%
Incidents affecting virtualized environments
55%
Inappropriate sharing of data via mobile devices
53%
Incidents affecting IT Infrastructure hosted by a third party
49%
Cryptomalware/ransomware
83%
Any cyberthreat
$ 1 274 428
Average cost of one incident
Recommendations

IT and telecoms companies, data centers and cloud infrastructures, are at the forefront of implementing the newest technological advances, but they are also at the forefront when it comes to encountering the most cyber threats. They have one of the highest rates of virtual infrastructure cyber incidents, not to mention the fact they have to fight off huge amounts of malware and encounter DDoS and similar attacks every day. This means that, besides building a multi-layered defense against malware, they should be using specialized security solutions optimized for virtual environments, and should invest in cyber-awareness training for their staff. Only complete fully-fledged cybersecurity solutions for data centers and cloud-based systems can ensure the continuity of service that is such an important customer consideration for these organizations when they are selecting or changing provider.

North America is one of the most developed regions from an IT and telecommunications standpoint, making this area a high priority for attackers armed with the latest cyberthreats. North American IT and telecoms companies regularly find themselves the subject of targeted attacks and encounter incidents on infrastructure hosted by third parties, during data exchange with partners, and with cloud services. So, North American telecoms companies should be ready to be 'early adopters' implementing all the latest IT security technologies e.g. anti-targeted attack solutions, cloud security, EDR and threat intelligence, as soon as they become available.

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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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