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LATAM, Industrial/Manufacturing, -1 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 2021

Data provided by 21 respondents*
LATAM, Industrial/Manufacturing, -1 employees
IT Security budget makes up 34% of the total IT spend
View analytics for previous years
average
$ 2 492 188
average
$ 2 492 188
max
$ 8 437 500
2021
2024
Expected change to IT security budget in three years
+ 23 %
year
2021
2024
YoY Dynamics
Find out data for my company

Threats experienced in the last 12 months

Data provided by 24 respondents*
LATAM, Industrial/Manufacturing, -1 employees
46%
Malware infection of BYOD devices
42%
Physical loss of company owned mobile devices exposing the organization to risk
38%
Physical loss of devices or media
38%
Inappropriate IT resource use by employees
33%
Data breach
33%
Viruses & malware
29%
Inappropriate sharing of data via mobile devices
29%
IT Security policies violation by employees
25%
Incidents affecting suppliers that the business shares data with
25%
Targeted attacks
21%
Incidents affecting virtualized environments
21%
Phishing / social engineering attacks on accounts
21%
DDoS attacks
21%
Physical loss of BYOD devices
17%
Incidents involving non-computing connected devices
17%
Incidents affecting IT Infrastructure hosted by a third party
17%
Incidents affecting third party cloud services used by the business
17%
Cryptomining attacks
17%
Fileless attacks
17%
Supply chain attacks
17%
Attacks on local / branch offices of our company
13%
Electronic leakage of data from internal systems
13%
Cryptomalware/ransomware
79%
Any cyberthreat
$ 917 328
Average cost of one incident

Security measures in place

Data provided by 17 respondents*
LATAM, Industrial/Manufacturing, -1 employees
71%
Endpoint Protection**
100%
Services - Security Assessment
100%
Network Securitу
94%
Mobile Security
94%
Web Security
94%
Security for Virtualization
94%
Cloud Workload Security
88%
Messaging Security
88%
Services - Incident Response
88%
Storage array / network attached storage security software
82%
Container Security
82%
Advanced Persistent Threat (APT) Protection
76%
IoT - Transportation Security
76%
Services - Managed Detection & Response
76%
Services - Industrial Cybersecurity Assessment
76%
Network Sandboxing
76%
Anti-DDoS Protection
76%
Industrial Cybersecurity
76%
Services - Threat intelligence
65%
SIEM
65%
Services - Security Education & Training
59%
Security solutions specifically designed for SaaS applications
47%
SOAR
Recommendations

Long gone are the times when an air gap would have been considered efficient. Today, industrial and manufacturing companies are just as vulnerable to malware as any other connected enterprise. However, with operational continuity vital, it is worth considering a cybersecurity solution specifically optimized for industrial operations. Another big problem for this sector is the inappropriate use of IT resources by staff, which cannot be solved without regular cyber awareness training.

The physical loss of devices and media, and, to some extent, targeted attacks, are a big issue for Latin American industrial and manufacturing companies, demanding special attention during cybersecurity training. Training should occur regularly and involve renowned cybersecurity professionals.

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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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