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LATAM, All industries, 99 employees
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This is the ultimate guide to the cost of IT security. Select the details that match your company to see the average budgets your industry peers spend on IT security (by region, industry, size), what security measures they take, the major threat vectors they encounter, how much money they lose as a result, and what you can do to avoid being compromised. The Calculator has been created as an adjustable tool. The data presented can be updated and/or added to over time based on insights from customers and Kaspersky Lab.
IT security budget in 2018
Data provided by 337 respondents*
LATAM, All industries, 99 employees
IT Security budget makes up 22% of the total IT spend
average
$ 6 870
average
$ 6 870
max
$ 103 125
2018
2021
Expected change to IT security budget in three years
+ 21 %
year
2018
2021
Security measures in place
Data provided by 413 respondents*
LATAM, All industries, 99 employees
Threats experienced in the last 12 months
Data provided by 413 respondents*
LATAM, All industries, 99 employees
47%
Viruses & malware
45%
Physical loss of devices or media
36%
Data breach
35%
Inappropriate IT resource use by employees
29%
Inappropriate sharing of data via mobile devices
28%
Targeted attacks
28%
Incidents affecting third party cloud services used by the business
28%
Incidents affecting virtualized environments
27%
Incidents involving non-computing, connected devices
26%
DDoS attacks
25%
Electronic leakage of data from internal systems
25%
Incidents affecting suppliers that the business shares data with
25%
Incidents affecting IT Infrastructure hosted by a third party
16%
Cryptomalware/ransomware
2%
Attacks on online banking services
2%
Phishing / social engineering attacks on accounts
1%
Attacks on point-of-sale (POS) systems
1%
Financial losses due to attacks on ATM
1%
Attacks on core transactional / back office systems
66%
Any cyberthreat
$ 7 477
Average cost of one incident
Recommendations

Latin American companies observe a much higher rate of electronic leakages committed by their staff than in other regions.

The best way to address these shortfalls is to leverage a contract with a professional cybersecurity services provider, which must include cyber awareness training.

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*These statistics are based on results from an online survey of 6,687 business representatives from companies with up to 4,999 employees around the world, conducted in 2018 by Kaspersky Lab and B2B International. Statistics based on less than 30 respondents should be used with caution, due to this being a low base.

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