In 2024, about **** percent of companies spent between five and ten percent of their total IT budget on IT security. ** percent of companies spent between 10 and 20 percent.

On average, companies worldwide allocate at least ** percent of their IT budget to information security. The highest share was distributed in 2020, at **** percent. By 2022, companies allocated approximately **** percent of their IT budget to IT security.

For the fiscal year 2024, the estimated cybersecurity spending of the Department of Homeland Security (DHS) was more than three billion U.S. dollars, making it the largest budget among the CFO act government agencies, excluding the Department of Defense. The cybersecurity spending of the Department of Defense (DoD) was not reported since the fiscal year 2022. Overall cybersecurity spending in the United States is projected to increase in 2023 with the total estimated agency cybersecurity funding for that year amounting to 10.46 billion U.S. dollars.

U.S. government and cyber security spending The White House released a National Cyber Strategy in September 2018. The overall increase in cyber security spending strongly correlates with the White House’s plan to increase military spending. However, the DoD is the only department with such a significant increase in cyber security spending in FY 2020; most civilian agencies are preparing for budget cuts. Overall, cyber security spending of the U.S. government on CFO Act and non-CFO Act agencies, excluding the Department of Defense, is projected to increase from 9.84 billion U.S. dollars in FY 2022 to 10.89 billion U.S. dollars in FY 2023.

Cybercrime in the U.S. Representing one of the largest digital populations worldwide, the United States reports a considerable number of cyber attacks each year. According to a 2021 survey, nearly 60 percent of online users in the country had experienced any cyber attack, ranking it the third country worldwide by share of cybercrime. In the most recent reported year, around 294 million internet users in the United States were impacted by incidents of data violation. Network intrusion was the most common type of cyber attack across the country.

Percentage of enterprises that identified specific main reasons for spending time or money on cyber security measures or related skills training by the North American Industry Classification System (NAICS) and size of enterprise.

This statistic shows distribution of cyber security spending in the United Kingdom (UK) in 2014 and 2015, by sectors. In 2014, it was found that the service sector spent 14 percent of their IT budget on security.

End-user spending on information security is forecast to grow in the coming years. Network security, in particular, is expected to be the fastest-growing segment in the information security market, while the security software and the security services segments should grow at a relatively steady pace. Overall, the source expects the total information security spending to increase by around ** percent in 2025 compared to 2024.

Cloud Security Statistics: Cloud computing can bring many benefits to companies. However, they are also susceptible to being ruined because of the inability to ensure the proper security of information and privacy protections when using cloud computing. This in turn results in higher costs and potential losses to businesses. We will explore more details regarding Cloud Security Statistics in this report. Cloud adoption has risen dramatically over the last few years. Although many organizations were already in the cloud the COVID-19 outbreak has helped accelerate this transition. With the widespread use of remote work, organizations are required to provide support and essential services to their remote workforce. In the end, more than 90% of companies employ some form of cloud-based infrastructure. In addition, more than three-quarters (76 percent) are using multi-cloud deployments made up of at least two cloud service providers. These cloud environments host crucial applications for business and also protect sensitive customer and company information. With the shift to cloud computing comes an increased necessity to collect Cloud Security Statistics. Cloud-hosted applications need to be secured against attacks and cloud-hosted information must be secured against unauthorized access as per the applicable laws. Cloud environments are in a significant way from the on-prem infrastructure this means that the traditional security tools and methods don't always work when working in the cloud. In the end, many companies are confronted with major issues when it comes to securing their cloud-based infrastructure. Editor’s Choice 60% of global corporate data are stored on the cloud. 94% of businesses globally use one or more cloud computing services. It is estimated that the global Cloud Security Statistics market is projected to expand from $480 billion in 2022 to $2.297 trillion by 2032. With 32 percent, Amazon AWS owns the largest market share in cloud computing. 39% of businesses said they've been the victim of data breaches in their cloud environments. The amount of public money spent on cloud computing services is forecast to hit $597.3 billion by 2023. This will increase by 21.7 percent. 92% of companies have embraced a multi-cloud strategy. The market for cloud-based technology is predicted to reach $ 864 billion in 2025. It is expected to grow at an annual rate of 12.8 percent per year. Global storage of data will be greater than 200 Zettabytes of data by 2025. In 2025, more than 100 zettabytes of data are expected to remain in cloud storage. (Cloudwards) 89% of businesses have a multi-cloud strategy. (Flexera) 71 percent of Americans use cloud storage such as Dropbox as well as iCloud. (Statista) 48% of data from companies is stored in the cloud. (Panda Security) The market for cloud computing by 2020 is $371.4 billion. (Globe Newswire) Spending by end-users worldwide on public cloud services is expected to increase by 23.1 percent in 2021. (Gartner) With 83% of cloud users, security is the most frequent issue in cloud adoption. (Cloudwards) 52% of businesses want cloud-based solutions that include security tools. (Cloudwards)

According to the source, cloud security was expected to grow by nearly ** percent from 2023 to 2024, making it the fastest growing segment in the IT security market, largely due to the growing demand for cloud solutions as an increasing number of companies migrate to the cloud. Overall, the source expects the total IT security spending to increase **** percent in 2024 compared to 2023.

This statistic shows distribution of large organizations and their spending on information security as part of the total IT budget in the United Kingdom (UK) in 2014 and 2015. In 2014, it was found that 22 percent of the large organizations spent between 11 and 25 percent of their IT budgets on information security.

According to a July 2022 survey on cyber security conducted at companies across Asia, companies in the Philippines spent over ** percent of their technology budget on cyber security. In contrast, cyber security expenses made up less than **** percent of the tech budget at Malaysian companies.

According to a survey that was conducted in Japan from June to July 2024, ** percent of companies spent less than ************* Japanese yen of their annual IT budget on security measures. At the same time, ********* of the responding managers stated that their company dedicated more than ********** yen per year to security measures.

State cybersecurity budgets in the United States are evolving to meet growing threats, with security management and operations as well as strategy, compliance, and privacy emerging as top priorities for 2024. A recent survey reveals that 92 percent of states include these areas in their cybersecurity budgets, highlighting the increasing emphasis on proactive defense measures. Interestingly, while traditional security concerns dominate, only eight percent of states allocated a budget for artificial intelligence in cybersecurity, suggesting a potential gap in emerging technology adoption. Budget allocation and trends The landscape of state cybersecurity budgets is changing rapidly. In 2024, 27 percent of states had a dedicated cybersecurity budget line item established by the agency secretary or chief information officer, a significant increase from 15 percent in 2022. This shift indicates a growing recognition of cybersecurity as a distinct and critical area requiring focused financial attention. Furthermore, 22 percent of states reported budget increases exceeding 10 percent in 2024, reflecting the escalating importance of cyber defense in government spending priorities. Federal initiatives and future focus At the federal level, the U.S. government has proposed a substantial 12.72 billion U.S. dollar budget for cybersecurity in fiscal year 2024, demonstrating a commitment to national digital security. This investment aligns with broader efforts to secure government systems and critical infrastructure. Looking ahead to 2025, state chief information security officers are prioritizing the alignment of cybersecurity initiatives with business objectives, as well as focusing on enterprise identity and access management. These forward-looking strategies suggest a holistic approach to cybersecurity that balances technological defenses with organizational goals and risk management.

Percentage of enterprises that identified specific main reasons for spending time or money on cyber security measures or related skills training by the North American Industry Classification System (NAICS) and size of enterprise.

The United States federal government budget has allotted around ** billion dollars toward its 2025 civilian federal agency information technology budget. As leadership and government priorities change, the IT budgets allocated to different departments tend to follow suit. The Department of Energy's IT budget increased significantly by ** percent compared to the previous year, with *** billion U.S. dollars allocated in FY 2025. Similarly, the IT budget of the Department of Homeland security also increased by ** percent compared to the previous year, to around ** billion U.S. dollars for FY 2025. Meanwhile, the Office of Personnel Management saw its IT budget shrink the most among the civilian federal government agencies, decreasing by a staggering ** percent compared to FY 2024. Since the 2022 federal budget, figures do not include the portion of the budget allocated to the Department of Defense or other classified IT spending. U.S. government budget In the United States, huge shares of government expenditures go towards the Department of Health and Human Services as well as the Social Security Administration. Due in part to the country’s continually increasing budget, the government has run at an annual deficit since 2002, with its 2024 deficit estimated to over be around *** trillion dollars. Cybersecurity budget One of the main facets of the U.S. government IT budget is spending related to cybersecurity. Over ** billion U.S. dollars have been allocated towards cybersecurity in 2024. The Departments of Homeland Security and Justice have unsurprisingly had the highest cybersecurity budgets across all departments, given the sensitive nature of their work.

For the fiscal year 2025, the government of the United States proposed nearly 13 billion U.S. dollar budget for cybersecurity, representing an increase from the previous fiscal year. These federal resources for cybersecurity are set to support a broad-based cybersecurity strategy for securing the government and enhancing the security of critical infrastructure and essential technologies.

Cyberattacks are potentially ruinous events for business owners. As of 2024, the average cost the most disruptive cyber security breach in the previous 12 months in the United Kingdom was 1,205 British pounds across all businesses, however, this figure becomes greater as the size of a business increases. The cost of a cyber attack is not only financial, with companies having to spend time on recovering from the attacks. Methods of attackWould-be cyber attackers have a large range of tools at their disposal, with which to get around a business’s digital defenses. Fraudulent emails or being directed to fraudulent websites was by far the most common method used during 2019, with 80 percent of security breaches coming in that form. Preventing future attacks Investing in new security technology is a key focus for European and American businesses. Most forms, of all sizes are committed to increasing their spending on cyber security.

The statistic shows the average share of IT budgets that is put towards IT security, from FY2005 to FY2017. As of January 2018, according to respondents, enterprises currently spend an average of 10.6 percent of their overall IT budgets on IT security. This figure has risen relatively steadily since 2005.

In 2023, retail was the sector with the largest share of IT budgets allocated to cybersecurity in the United Kingdom and the United States, estimated at around ** percent. The telecoms and pharmaceuticals sectors followed, with ** percent of IT budgets allocated to cybersecurity. Meanwhile, only ** percent of IT budgets were allocated to cybersecurity in the energy and utilities sector.

In this article, we assess the variation in civilian governments' defense spending as a function of civil-military relations. We present a novel explanation based on the military's presence in the political decision- making apparatus. We argue that the appointment of an active military officer in a key governmental position allows the government to make a more credible commitment to provide the military with adequate rents and thereby stabilizes civil-military relations. The appointment helps defuse the commitment problem on the part of the government by reducing the coordination costs for the military to challenge the government more successfully in the event of the government's defection. Hence, the military's incentive to intervene in politics to prevent government monopolies over rents lessens markedly. Defense spending increases as a result because this arrangement requires the government to honor its promises to distribute increased rents among the military members of the winning coalition. Our theory predicts higher defense spending in cases where the military has a presence in the top- level policy-making positions within a civilian government. We find strong empirical evidence in support of our argument using data from 1984 to 2011. Civilian governments with a military presence in the cabinet's security-related portfolios experience up to a 20 percent increase in their defense spending on average. This study offers important insights into governments’ motivation to appoint active-duty military officers in key policy-making positions and the effects of such appointments on civil-military resource allocation.

In 2023, spending in the cybersecurity industry reached around ** billion U.S. dollars, with forecasts suggesting that the market will eclipse ** billion U.S. dollars by 2024. Global spending on cybersecurity has been increasing since 2021. Cybersecurity remains a priority Since the outbreak of the COVID-19 pandemic, organizations worldwide have sent their employees into the home office for work. This decentralization of an organization’s IT landscape created new vulnerabilities of malicious actors to exploit which is concurred by IT professionals’ observation that there is an increase in cyber attacks following the COVID-19 pandemic. As a result, cybersecurity remains a priority among business leaders to ensure operability of the company and data security. Cybersecurity solutions Among solutions for cybersecurity are endpoint security, identity access management, data security, and network security. These technologies are leveraged to protect sensitive information and critical systems from attacks. More specifically, these measures are designed to protect threats originating both from inside and outside an organization. This underscores the need to think of cybersecurity as a comprehensive strategy made up of practices and technologies.