Cybersecurity Confidence in Action

Are you confident your cybersecurity investments are adequately protecting your organization?

Cybersecurity poses a huge risk to your business. Take the free cybersecurity risk assessment now.


Most businesses understand cybersecurity is a necessity in today’s business landscape. The stakes involved with a breach of your data or a ransomware attack seem obvious at first glance, examples include business disruption or reputational damage.

What’s less clear is how to move forward safeguarding your business and livelihood. Several studies researched cybersecurity challenges facing small to mid-size businesses and found some common themes.

Study Question Top Answers
SANS Institute What are the top challenges or issues your organization faces when handling cybersecurity-related issues?
  • Finances to pay the talent
  • Professional available talent
Study Question Top Answers
Better Business Bureau What is the top factor that hinders your organization’s ability to advance cybersecurity efforts?
  • Lack of resources
  • Lack of expertise or understanding
Study Question Top Answers
Poneman Institute What challenges keep your IT security posture from being fully effective?
  • Insufficient personnel
  • Insufficient budget

Cybersecurity poses a huge risk to your business. Take the free cybersecurity risk assessment now.


Proper cybersecurity management doesn’t require a huge budget. More money won’t equate to better security or more efficiency. In fact, a Gartner study indicates you should be spending between 4-7 percent of your IT budget on IT security, dependent on how mature your systems are.

Determine Your Estimated Cybersecurity Budget
Our cybersecurity budget calculator can help you determine an estimated IT budget, the percentage of IT budget and your estimated budget you should be spending on IT security/cybersecurity based on your industry.

Based on your industry, your IT budget as percentage of revenue should be...

Based upon the information provided, your estimated IT budget should be...

Based upon your maturity, your cybersecurity budget as percentage of IT budget should be...

Based upon the information provided, your estimated cybersecurity budget should be...

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* This number represents the budget under control and responsibility of the CISO, and not the "real" or total budget.


Need More Information?
The following articles offer further clarification on the importance of cybersecurity awareness for your organization.


Have more questions? Contact your Eide Bailly professional, or a member of our cybersecurity team for more information. If you are ready to get started, take the free cybersecurity risk assessment now.