Cybersecurity 2020 – Budgeting

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Cybersecurity Budgeting

What Should We Budget Per Employee For Cybersecurity:

In May of 2019, Deloitte published the results of a survey and found that surveyed financial institutions are spending between $1,300 to $3,000 per employee on an annual basis. These institutions included banks, insurers, investment management firms, and other financial services. The report also highlighted that the per employee cost represented 6-14 percent, averaging 10 percent, of those company’s information technology budget for cybersecurity.

Cybersecurity Spending

If you are in the financial industry or not, cybersecurity is a key component to your company’s information assets’ safety. QOS Consulting can identify and outline what your company should be allocating per employee for your annual cybersecurity budget. Stop guessing and make an informed decision, QOS Consulting can schedule an audit of your organizations cybersecurity budget.

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