Reports of third - party cybersecurity attacks are costing businesses heavily , with losses of up to $ 100 m , according to a study by Kaspersky Lab and B2B International . The study 's findings indicate that companies need to invest more in their own security , as well as in examining the security performance of their business partners . The tool is aimed at providing a guide to the cost of IT security based on the average budgets being spent, security measures, the major threat vectors, money losses and tips on how to avoid a compromise. However , the study also shows that businesses around the world are slowly coming around to cybersecurity as a strategic investment , with the share of their investment being spent on security investments , reaching almost a quarter ( 23 % ) in large corporations .
Reports of third - party cybersecurity attacks are costing businesses heavily , with losses of up to $ 100 m , according to a study by Kaspersky Lab and B2B International . The study 's findings indicate that companies need to invest more in their own security , as well as in examining the security performance of their business partners . However , the study also shows that businesses around the world are slowly coming around to cybersecurity as a strategic investment , with the share of their investment being spent on security investments , reaching almost a quarter ( 23 % ) in large corporations .