What is the average IT budget and what percentage of the budget is allocated to cybersecurity? See the above example for how to estimate the budget numbers

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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What is the average IT budget and what percentage of the budget is allocated to cybersecurity? See the above example for how to estimate the budget numbers.
Annual revenue / budaet example for students
This is provided as an example only. The student is to research and determine
the average revenue and number of employees as part of this assignment
IT Budget is calculated as a percent of revenue. There are many variables that
may impact this estimate but this example is provided as an approach to
determine estimates.
Average IT FTE as a % of total employees, is 5.4 %. Cybersecurity staff is 2.7
% of IT staff
Gross revenue of an average car dealership
Average number of employees
69 *.054 = 4 IT employees x .27 = 1
Cybersecurity emplovee
4% * 60 Million (total budget) = IT Budget
16 % * 2.4 Million (IT budget) = Cybersecurity
budget
$60.000.000.00
69
$2.400.000.00
$384.000.00
Transcribed Image Text:Annual revenue / budaet example for students This is provided as an example only. The student is to research and determine the average revenue and number of employees as part of this assignment IT Budget is calculated as a percent of revenue. There are many variables that may impact this estimate but this example is provided as an approach to determine estimates. Average IT FTE as a % of total employees, is 5.4 %. Cybersecurity staff is 2.7 % of IT staff Gross revenue of an average car dealership Average number of employees 69 *.054 = 4 IT employees x .27 = 1 Cybersecurity emplovee 4% * 60 Million (total budget) = IT Budget 16 % * 2.4 Million (IT budget) = Cybersecurity budget $60.000.000.00 69 $2.400.000.00 $384.000.00
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