Kaspersky LabThe cost of cybersecurity incidents

How much do companies spend on IT security and how does this investment compare to the loss caused by cybersecurity incidents? Kaspersky has analyzed these questions and identifies a variable that is decisive for the amount of the loss.

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Holger Suhl from Kaspersky Lab
© Kaspersky Lab

"If you take into account the direct and indirect costs of a cyber attack, the IT security budget spent by companies corresponds to the follow-up costs of 2.5 cyber attacks," explains Holger Suhl, General Manager DACH at Kaspersky Lab. "Given the diverse threat situation for companies at the moment, efficient cyber security definitely pays off. Companies have fully understood the threat: 59% of SMEs and 62% of corporations say they want to improve their security - regardless of whether they can measure a return on investment." Kaspersky has identified the key variable in keeping the financial loss low in the event of a cyberattack as ...

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