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LATAM, Government, 4 999 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 35 respondents*
LATAM, Government, 4 999 employees
IT Security budget makes up 26% of the total IT spend
average
$ 10 908 383
average
$ 10 908 383
max
$ 101 250 000
2018
2021
Expected change to IT security budget in three years
+ 13 %
year
2018
2021
Security measures in place
Data provided by 47 respondents*
LATAM, Government, 4 999 employees
Threats experienced in the last 12 months
Data provided by 47 respondents*
LATAM, Government, 4 999 employees
49%
Inappropriate IT resource use by employees
49%
Viruses & malware
47%
Physical loss of devices or media
38%
Data breach
34%
Targeted attacks
32%
DDoS attacks
32%
Incidents affecting suppliers that the business shares data with
32%
Inappropriate sharing of data via mobile devices
28%
Electronic leakage of data from internal systems
28%
Incidents affecting third party cloud services used by the business
28%
Incidents affecting IT Infrastructure hosted by a third party
28%
Incidents involving non-computing, connected devices
17%
Incidents affecting virtualized environments
13%
Cryptomalware/ransomware
72%
Any cyberthreat
$ 376 333
Average cost of one incident
Recommendations

Government organizations are a key target for cyber-terrorism and state-sponsored attacks, so we recommend investment in a targeted attack detection and mitigation strategy, including empowering the SOC with the most advanced possible threat intelligence. It’s also important for government bodies to be fully aware of high profile cyber-espionage campaigns through comprehensive, practical reporting from security knowledge providers. Compliance is a big issue for government organizations, so we also recommend using an on-demand version of threat intelligence for isolated networks, where regulation excludes any data transfer outside the IT system's perimeter. To educate employees about the cyberthreats and behaviors that put government bodies at risk, it is highly recommended that organizations conduct cybersecurity awareness training among staff.

Latin American government agencies suffer from targeted attacks, data leaks, data exchange incidents involving third-party suppliers, incidents linked to services hosted by contractors and breaches within their virtual infrastructure. Therefore, it is highly recommended that they deploy solutions that protect them against targeted attacks, as well as cloud security solutions. At the same time, the reliable protection of virtual infrastructure without affecting performance can be achieved with specialized virtualization security.

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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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