IT Security Calculator: LATAM, 100 - 249 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 2019

Data provided by 47 respondents*

LATAM, All industries, 249 employees

IT Security budget makes up 21% of the total IT spend

View analytics for previous years

average

$ 118 690

average

$ 118 690

max

$ 1 031 250

2019

2022

Expected change to IT security budget in three years

+ 19 %

year

2019

2022

YoY Dynamics

Threats experienced in the last 12 months

Data provided by 54 respondents*

LATAM, All industries, 249 employees

63%

Viruses & malware

56%

Physical loss of devices or media

52%

Inappropriate sharing of data via mobile devices

48%

Inappropriate IT resource use by employees

46%

Data breach

44%

Targeted attacks

41%

Incidents involving non-computing connected devices

41%

Electronic leakage of data from internal systems

41%

DDoS attacks

39%

Incidents affecting third party cloud services used by the business

37%

Cryptomining attacks

35%

Incidents affecting virtualized environments

35%

Incidents affecting suppliers that the business shares data with

35%

Cryptomalware/ransomware

33%

Incidents affecting IT Infrastructure hosted by a third party

Attacks on point-of-sale (POS) systems

Attacks on online banking services

Financial losses due to attacks on ATM

Attacks on core transactional / back office systems

Phishing / social engineering attacks on accounts

81%

Any cyberthreat

$ 110 820

Average cost of one incident

Security measures in place

Data provided by 54 respondents*

LATAM, All industries, 249 employees

96%

Endpoint security

41%

Cloud access security broker

39%

Incident response services

35%

Vulnerability Assessment

33%

Security solutions for IaaS and cloud

33%

Threat monitoring, detection and response solutions

24%

Security education & training services

22%

Threat intelligence security services

22%

Security solutions for SaaS

17%

SIEM

Fraud Prevention

Embedded Systems Security

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 4,474 business representatives from companies with up to 4,999 employees around the world, conducted in 2019 by Kaspersky and B2B International. Statistics based on less than 30 respondents should be used with caution, due to this being a low base.