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Business Matters with Max Frolov, e.2 – IT Security Calculator

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Maxim Frolov, Vice President of Global Sales at Kaspersky Lab on IT Security Calculator developed by Kaspersky Lab. This year’s report “Measuring the Financial Impact of IT Security on Businesses” results show that IT security is starting to be treated as an investment, rather than simply a cost-center. Businesses of all sizes and industries are realizing that they have to prioritize cybersecurity spend, and today, top management is getting involved in the cybersecurity provisioning debate. Security is becoming increasingly wrapped up in business strategy. Enterprises are now spending almost a third of their IT budget ($8.9M) on cybersecurity. Moreover, IT security budgets are expected to rise over the next three years across all segments. Both VSBs and enterprises predict they will spend up to 15% more on cybersecurity in this time, while SMBs predict a 14% increase.
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