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LATAM, Industrial/Manufacturing, 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 2021

Data provided by 59 respondents*
LATAM, Industrial/Manufacturing, 999 employees
IT Security budget makes up 31% of the total IT spend
View analytics for previous years
average
$ 352 776
average
$ 352 776
max
$ 2 406 250
2021
2024
Expected change to IT security budget in three years
+ 20 %
year
2021
2024
YoY Dynamics
Find out data for my company

Threats experienced in the last 12 months

Data provided by 62 respondents*
LATAM, Industrial/Manufacturing, 999 employees
42%
Malware infection of BYOD devices
40%
Inappropriate IT resource use by employees
39%
Data breach
39%
IT Security policies violation by employees
39%
Viruses & malware
35%
Physical loss of company owned mobile devices exposing the organization to risk
35%
Phishing / social engineering attacks on accounts
34%
Cryptomalware/ransomware
32%
Inappropriate sharing of data via mobile devices
32%
Physical loss of BYOD devices
31%
Incidents involving non-computing connected devices
31%
Incidents affecting suppliers that the business shares data with
29%
Attacks on local / branch offices of our company
27%
Physical loss of devices or media
27%
Supply chain attacks
27%
Targeted attacks
26%
Electronic leakage of data from internal systems
24%
Cryptomining attacks
23%
Fileless attacks
21%
DDoS attacks
15%
Incidents affecting IT Infrastructure hosted by a third party
13%
Incidents affecting virtualized environments
6%
Incidents affecting third party cloud services used by the business
81%
Any cyberthreat
$ 99 083
Average cost of one incident

Security measures in place

Data provided by 35 respondents*
LATAM, Industrial/Manufacturing, 999 employees
67%
Endpoint Protection**
94%
Web Security
91%
Services - Security Assessment
91%
Network Securitу
89%
Services - Threat intelligence
89%
Services - Incident Response
89%
Cloud Workload Security
86%
Industrial Cybersecurity
86%
Security solutions specifically designed for SaaS applications
83%
Anti-DDoS Protection
83%
Security for Virtualization
83%
Services - Industrial Cybersecurity Assessment
80%
Services - Managed Detection & Response
80%
Advanced Persistent Threat (APT) Protection
80%
Storage array / network attached storage security software
80%
Network Sandboxing
77%
Messaging Security
77%
SIEM
74%
Services - Security Education & Training
74%
Mobile Security
69%
IoT - Transportation Security
66%
Container Security
63%
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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