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LATAM, Government, 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 Lab.
IT security budget in 2018
Data provided by 45 respondents*
LATAM, Government, 999 employees
IT Security budget makes up 25% of the total IT spend
average
$ 319 857
average
$ 319 857
max
$ 3 937 500
2018
2021
Expected change to IT security budget in three years
+ 13 %
year
2018
2021
Security measures in place
Data provided by 53 respondents*
LATAM, Government, 999 employees
Threats experienced in the last 12 months
Data provided by 53 respondents*
LATAM, Government, 999 employees
55%
Viruses & malware
49%
Physical loss of devices or media
43%
Inappropriate IT resource use by employees
42%
Data breach
42%
Incidents affecting third party cloud services used by the business
40%
Targeted attacks
38%
DDoS attacks
38%
Electronic leakage of data from internal systems
38%
Incidents involving non-computing, connected devices
38%
Inappropriate sharing of data via mobile devices
36%
Incidents affecting virtualized environments
34%
Incidents affecting IT Infrastructure hosted by a third party
32%
Incidents affecting suppliers that the business shares data with
26%
Cryptomalware/ransomware
79%
Any cyberthreat
$ 85 983
Average cost of one incident
Recommendations

For companies working with government entities it is imperative to be 100% compliant with national legislature. Among the top concerns for your company are incidents with malware and the inappropriate use of IT resources by staff. While the first concern is effectively addressed by a comprehensive multi-layered security solution, the second requires raising cyber awareness among employees with training from cybersecurity professionals.

Latin American government entities are noticeably more prone to incidents within virtual IT infrastructure, which means that more attention should be paid to virtualization-optimized security solutions. Also, there are a high number of reports of employees losing devices and media containing sensitive information, which puts extra emphasis on cybersecurity 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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