The Cyber Protectors

What is your company identity and reputation worth?  It can cost you tremendous amounts of funds in damage control and lawsuits.  The Cyber Protector helps business owners, HR professionals, and startups educate their workforce how to protect themselves and the business.  

According to these figures, the average company spends 3.2% of its total revenue on IT costs. This approximate figure holds true across industries of all kinds and companies of all sizes. We are also told that a small company will generally have a budget of less than $5 million. Mid-size organizations will normally spend between $5-20 million. Larger organizations will normally spend $20-50 million per year. Thus, we can calculate the average cybersecurity costs for these businesses (assuming that all of them spend about 10% of their total IT budget on cybersecurity).

• Large businesses: Between $2 million and $5 million spent on cybersecurity per year
• Mid-size businesses: Between $500,000 and $2 million spent on cybersecurity per year
• Small businesses: $500,000 or less spent on cybersecurity per year