This statistic shows the cyber security expenditure of European firms in 2020, by country, in million U.S. dollars. French companies had the highest cyber security expenditure, at 3.1 million dollars. This was followed by Spain, with 2.6 million dollars.
Cyber security expenditure of European firms in 2020, by country
(in million U.S. dollars)
Professionals involved with cyber security strategy
Method of interview
Online survey
Supplementary notes
In total 5,569 professionals responsible for their organisation’s cyber security strategy were surveyed (1,000-plus each from the USA, UK and Germany; more than 500 each from Belgium, France, Spain and The Netherlands; and 300-plus from the Republic of Ireland).
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Hiscox. (June 30, 2020). Cyber security expenditure of European firms in 2020, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved February 17, 2025, from https://www.statista.com/statistics/1008302/european-firms-budget-cyber-security/?__sso_cookie_checker=failed
Hiscox. "Cyber security expenditure of European firms in 2020, by country (in million U.S. dollars)." Chart. June 30, 2020. Statista. Accessed February 17, 2025. https://www.statista.com/statistics/1008302/european-firms-budget-cyber-security/?__sso_cookie_checker=failed
Hiscox. (2020). Cyber security expenditure of European firms in 2020, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: February 17, 2025. https://www.statista.com/statistics/1008302/european-firms-budget-cyber-security/?__sso_cookie_checker=failed
Hiscox. "Cyber Security Expenditure of European Firms in 2020, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 30 Jun 2020, https://www.statista.com/statistics/1008302/european-firms-budget-cyber-security/?__sso_cookie_checker=failed
Hiscox, Cyber security expenditure of European firms in 2020, by country (in million U.S. dollars) Statista, https://www.statista.com/statistics/1008302/european-firms-budget-cyber-security/?__sso_cookie_checker=failed (last visited February 17, 2025)
Cyber security expenditure of European firms in 2020, by country (in million U.S. dollars) [Graph], Hiscox, June 30, 2020. [Online]. Available: https://www.statista.com/statistics/1008302/european-firms-budget-cyber-security/?__sso_cookie_checker=failed