IT Security Economics 2022

This study includes interviews from a total of 3,230 respondents working in businesses of various sizes from small to medium businesses with more than 50 employees through to major corporations. It was conducted across 26 countries in the major B2B markets where Kaspersky Lab operates. Throughout the report, businesses are referred to as either SMBs (small and medium sized businesses with 50 to 999 employees), or enterprises (businesses with over 1,000 employees).

Key Findings:

• Сybersecurity incidents with the most impact in terms of costs and efforts affected IT infrastructure hosted by a third party for SMBs and targeted attacks for enterprises.
• Cybersecurity budgets in 2022 averaged $3.75m to enterprises and $150k to SMBs. Both segments are planning to increase budgets equally up to 14 percent in the coming year.
• Communications, product development and customer support are the top three processes most affected by cybersecurity intrusions.
• Data leaks were the most encountered security issue this year. This type of incidents most often was caused by employees (22%) and attackers (23%).
• Delivering cybersecurity solutions and efficiencies by bringing in external experts are the main drivers leading companies to outsource IT security.

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