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LATAM, Industrial/Manufacturing, 1 000 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 2018
Data provided by 46 respondents*
LATAM, Industrial/Manufacturing, 1 000 employees
IT Security budget makes up 27% of the total IT spend
$ 5 286 647
$ 5 286 647
$ 41 250 000
Expected change to IT security budget in three years
+ 10 %
Security measures in place
Data provided by 52 respondents*
LATAM, Industrial/Manufacturing, 1 000 employees
Threats experienced in the last 12 months
Data provided by 52 respondents*
LATAM, Industrial/Manufacturing, 1 000 employees
Viruses & malware
Physical loss of devices or media
Data breach
Inappropriate IT resource use by employees
Inappropriate sharing of data via mobile devices
DDoS attacks
Incidents affecting third party cloud services used by the business
Incidents affecting suppliers that the business shares data with
Incidents affecting virtualized environments
Electronic leakage of data from internal systems
Incidents affecting IT Infrastructure hosted by a third party
Incidents involving non-computing, connected devices
Targeted attacks
Any cyberthreat
$ 927 925
Average cost of one incident

Industrial and manufacturing companies are suffering most from a threat that is commonly overlooked-generic malware, which gets right inside the industrial network. This means the implementation of cybersecurity solutions, that are designed for industrial and manufacturing organizations and that are aware of specific OT assets, are imperative. To further improve cybersafety, it is recommended that these organizations invest in cybersecurity services that include regular cyber awareness training.

Latin American industrial and manufacturing companies suffer from fraud, and are often the subject of generic malware outbreaks. It is strongly recommended that they deploy both protection and detection technologies – like industrial endpoint protection, industrial network monitoring and anomaly detection – as well as developing the cyber awareness of workers on the industrial floor.

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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 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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