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Cyber security as a percentage of IT spend among U.S. and European companies from 2020 to 2022, by country
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percentage of IT spend among U.S. and European companies from 2020 to 2022, by country

Description
In selected European coun
Hiscox companies' IT spending o
Hiscox; Forrester Research 2022. The risk to compani
November 2021 to January 2022 significantly, hence the inc
Belgium, France, Germany, Ireland, Netherlands, Spain, United Kingdom, United States
Online survey
5,181
n.a.
Based on a survey of executives, departmental heads, IT managers and other key professionals
n.a.

Hiscox
May 2022
Hiscox Cyber Readiness Report 2022, page 5
1245356
Description
In selected European countries and the United States, the share of
companies' IT spending on cyber security increased from 2021 to
2022. The risk to companies of cyber attacks is growing
significantly, hence the increased investment in prevention.
Share of IT spend on cyber security in the U.S and Europe 2020-2022, by country
Cyber security as a percentage of IT spend among U.S. and European companies from 2020 to 2022, by country

Germany
U.S.
Spain
Belgium
The Netherlands
UK
France
Ireland
2020 2021 2022
12 21 24 in %
14 23 24 in %
15 22 24 in %
13 21 24 in %
13 22 24 in %
12 20 22 in %
13 20 22 in %
13 21 22 in %