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LATAM, All industries, 999 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.

IT security budget in 2021

Data provided by 211 respondents*
LATAM, All industries, 999 employees
IT Security budget makes up 31% of the total IT spend
View analytics for previous years
average
$ 337 191
average
$ 337 191
max
$ 2 406 250
2021
2024
Expected change to IT security budget in three years
+ 14 %
year
2021
2024
YoY Dynamics
Find out data for my company

Threats experienced in the last 12 months

Data provided by 227 respondents*
LATAM, All industries, 999 employees
50%
Data breach
46%
Viruses & malware
46%
Inappropriate IT resource use by employees
43%
IT Security policies violation by employees
42%
Malware infection of BYOD devices
37%
Inappropriate sharing of data via mobile devices
34%
Cryptomalware/ransomware
34%
Physical loss of company owned mobile devices exposing the organization to risk
34%
Phishing / social engineering attacks on accounts
33%
Attacks on local / branch offices of our company
33%
Targeted attacks
32%
Physical loss of devices or media
31%
Incidents affecting suppliers that the business shares data with
31%
Cryptomining attacks
29%
Fileless attacks
28%
DDoS attacks
28%
Incidents involving non-computing connected devices
27%
Electronic leakage of data from internal systems
27%
Physical loss of BYOD devices
26%
Supply chain attacks
21%
Incidents affecting IT Infrastructure hosted by a third party
20%
Incidents affecting virtualized environments
13%
Incidents affecting third party cloud services used by the business
13%
Attacks on point-of-sale (POS) systems
6%
Attacks on online banking services
3%
Attacks on core transactional / back office systems
3%
Financial losses due to attacks on ATM
82%
Any cyberthreat
$ 85 174
Average cost of one incident

Security measures in place

Data provided by 150 respondents*
LATAM, All industries, 999 employees
68%
Endpoint Protection**
94%
Network Securitу
92%
Web Security
84%
Storage array / network attached storage security software
80%
Services - Security Assessment
79%
Security for Virtualization
79%
Anti-DDoS Protection
78%
Mobile Security
76%
Cloud Workload Security
76%
Security solutions specifically designed for SaaS applications
75%
Industrial Cybersecurity
75%
Messaging Security
73%
Services - Incident Response
73%
Services - Threat intelligence
72%
Network Sandboxing
71%
Advanced Persistent Threat (APT) Protection
71%
Services - Security Education & Training
71%
Services - Managed Detection & Response
70%
Container Security
64%
IoT - Transportation Security
55%
SIEM
49%
SOAR
19%
Services - Industrial Cybersecurity Assessment
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 3,063 business representatives from companies with 50 and up to 4,999 employees around the world, conducted in 2021 by Kaspersky and B2B International. Statistics based on less than 30 respondents should be used with caution, due to this being a low base.

** The methodology for measuring endpoint protection represents the penetration of endpoint protection in businesses meaning the proportion of corporate endpoints (both physical devices and virtual endpoints) that have endpoint security software installed in the average organization of this vertical and segment

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