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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 2020
Data provided by 54 respondents*
LATAM, Industrial/Manufacturing, 999 employees
IT Security budget makes up 31% of the total IT spend
View analytics for previous years
average
$ 269 538
average
$ 269 538
max
$ 2 109 375
2020
2023
Expected change to IT security budget in three years
+ 16 %
year
2020
2023
YoY Dynamics
Find out data for my company
Threats experienced in the last 12 months
Data provided by 60 respondents*
LATAM, Industrial/Manufacturing, 999 employees
47%
Data breach
47%
Inappropriate IT resource use by employees
43%
Inappropriate sharing of data via mobile devices
43%
IT Security policies violation by employees
42%
Viruses & malware
37%
Malware infection of BYOD devices
37%
Fileless attacks
35%
Physical loss of company owned mobile devices exposing the organization to risk
35%
DDoS attacks
35%
Physical loss of devices or media
32%
Incidents involving non-computing connected devices
32%
Phishing / social engineering attacks on accounts
30%
Targeted attacks
30%
Physical loss of BYOD devices
30%
Electronic leakage of data from internal systems
30%
Cryptomining attacks
30%
Cryptomalware/ransomware
28%
Attacks on local / branch offices of our company
27%
Incidents affecting suppliers that the business shares data with
25%
Supply chain attacks
13%
Incidents affecting virtualized environments
8%
Incidents affecting IT Infrastructure hosted by a third party
8%
Incidents affecting third party cloud services used by the business
78%
Any cyberthreat
$ 91 781
Average cost of one incident
Security measures in place
Data provided by 31 respondents*
LATAM, Industrial/Manufacturing, 999 employees
94%
Web Security
87%
Network Securitу
87%
Anti-DDoS Protection
84%
Cloud Workload Security
84%
Services - Threat intelligence
84%
Storage array / network attached storage security software
81%
Services - Managed Detection & Response
81%
Messaging Security
81%
IoT - Transportation Security
81%
Industrial Cybersecurity
77%
Services - Security Assessment
77%
Services - Incident Response
77%
Mobile Security
77%
Services - Industrial Cybersecurity Assessment
77%
Advanced Persistent Threat (APT) Protection
74%
Security for Virtualization
71%
Container Security
68%
Network Sandboxing
68%
Security solutions specifically designed for SaaS applications
68%
Services - Security Education & Training
68%
SIEM
62%
Endpoint Protection**
61%
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 5,266 business representatives from companies with 50 and up to 4,999 employees around the world, conducted in 2020 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 significant increase in the IT security budget in 2020 may be caused by the change of the survey sample for several verticals and significant fluctuations in budgets in these verticals.

** The methodology for measuring endpoint protection has been changed: now it 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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