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LATAM, All industries, 999 employees
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Calculate your company's security profile

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 2020
Data provided by 289 respondents*
LATAM, All industries, 999 employees
IT Security budget makes up 33% of the total IT spend
View analytics for previous years
average
$ 324 154
average
$ 324 154
max
$ 2 375 000
2020
2023
Expected change to IT security budget in three years
+ 17 %
year
2020
2023
YoY Dynamics
Find out data for my company
Threats experienced in the last 12 months
Data provided by 311 respondents*
LATAM, All industries, 999 employees
47%
Data breach
45%
Viruses & malware
43%
Inappropriate IT resource use by employees
39%
Malware infection of BYOD devices
39%
Inappropriate sharing of data via mobile devices
39%
Physical loss of company owned mobile devices exposing the organization to risk
38%
IT Security policies violation by employees
36%
Physical loss of devices or media
31%
Incidents involving non-computing connected devices
31%
Targeted attacks
30%
Cryptomalware/ransomware
29%
Physical loss of BYOD devices
29%
Incidents affecting suppliers that the business shares data with
29%
Electronic leakage of data from internal systems
29%
Phishing / social engineering attacks on accounts
28%
Attacks on local / branch offices of our company
27%
DDoS attacks
26%
Cryptomining attacks
26%
Fileless attacks
26%
Supply chain attacks
17%
Incidents affecting IT Infrastructure hosted by a third party
16%
Incidents affecting virtualized environments
12%
Attacks on point-of-sale (POS) systems
12%
Incidents affecting third party cloud services used by the business
6%
Financial losses due to attacks on ATM
5%
Attacks on core transactional / back office systems
5%
Attacks on online banking services
80%
Any cyberthreat
$ 112 488
Average cost of one incident
Security measures in place
Data provided by 183 respondents*
LATAM, All industries, 999 employees
66%
Endpoint Protection**
90%
Web Security
89%
Network Securitу
85%
Storage array / network attached storage security software
80%
Mobile Security
80%
Security for Virtualization
80%
Cloud Workload Security
79%
Services - Security Assessment
78%
Services - Incident Response
77%
Anti-DDoS Protection
76%
Services - Threat intelligence
75%
Industrial Cybersecurity
75%
Messaging Security
75%
Services - Managed Detection & Response
74%
Advanced Persistent Threat (APT) Protection
74%
Security solutions specifically designed for SaaS applications
71%
Container Security
70%
Services - Security Education & Training
70%
IoT - Transportation Security
69%
Network Sandboxing
62%
SIEM
60%
SOAR
13%
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 5,266 business representatives from companies with 50 and up to 4,999 employees around the world, conducted in 2020 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 significant increase in the IT security budget in 2020 may be caused by the change of the survey sample for several verticals and significant fluctuations in budgets in these verticals.

** The methodology for measuring endpoint protection has been changed: now it 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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