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Bank (Country)RegionCybersecurity Spend (2018)Cybersecurity Spend (2022)2022 Spend aas % of IT Budget
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JPMorgan Chase (USA)North America~$500 million (2018)​ carltonfields.com (doubled from 2014)~$600 million (2022)​
AM.JPMORGAN.COM		~5% of IT budget​
CARLTONFIELDS.COM
​
AM.JPMORGAN.COM
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Bank of America (USA) North America~$400 million (2015)​
CARLTONFIELDS.COM		>$1 billion (2021)​
PYMNTS.COM
(over $1B/yr by 2021)		~8% of IT budget (est.)​
PYMNTS.COM
newsroom.bankofamerica.com
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Citigroup (USA)North America~$600 million (2018)​
CUTIMES.COM		~$700–800 million (2022 est.)~6% of IT budget (est.)
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Wells Fargo (USANorth America~$300 million (2016 est.)​
CARLTONFIELDS.COM		~$600 million (2022 est.)~5% of IT budget (est.)
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HSBC Holdings (UK)Europe / Asia~$750 million (2018 est.)​
CUTIMES.COM		 ~$700 million (2022 est.)~10% of IT budget (est.)
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BNP Paribas (France)Europe n/a~$200 million (2024) (est.)9% of IT budget cdn-group.bnpparibas.com
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