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LATAM, IT & Telecoms, 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 52 respondents*
LATAM, IT & Telecoms, 999 employees
IT Security budget makes up 35% of the total IT spend
View analytics for previous years
average
$ 393 276
average
$ 393 276
max
$ 3 062 500
2020
2023
Expected change to IT security budget in three years
+ 20 %
year
2020
2023
YoY Dynamics
Find out data for my company
Threats experienced in the last 12 months
Data provided by 54 respondents*
LATAM, IT & Telecoms, 999 employees
48%
Data breach
46%
Malware infection of BYOD devices
46%
Viruses & malware
44%
Inappropriate sharing of data via mobile devices
43%
Targeted attacks
41%
Physical loss of company owned mobile devices exposing the organization to risk
41%
Physical loss of devices or media
39%
IT Security policies violation by employees
37%
Incidents affecting suppliers that the business shares data with
37%
Inappropriate IT resource use by employees
37%
Cryptomalware/ransomware
35%
Phishing / social engineering attacks on accounts
33%
Incidents affecting IT Infrastructure hosted by a third party
33%
Incidents affecting virtualized environments
33%
Incidents involving non-computing connected devices
33%
Physical loss of BYOD devices
31%
Attacks on local / branch offices of our company
31%
Cryptomining attacks
30%
Supply chain attacks
30%
Electronic leakage of data from internal systems
28%
Attacks on point-of-sale (POS) systems
26%
DDoS attacks
24%
Fileless attacks
17%
Incidents affecting third party cloud services used by the business
81%
Any cyberthreat
$ 151 611
Average cost of one incident
Security measures in place
Data provided by 43 respondents*
LATAM, IT & Telecoms, 999 employees
68%
Endpoint Protection**
93%
Web Security
93%
Services - Managed Detection & Response
93%
Network Securitу
91%
Messaging Security
91%
Services - Incident Response
91%
Services - Security Assessment
91%
Security for Virtualization
91%
Storage array / network attached storage security software
88%
Mobile Security
88%
Advanced Persistent Threat (APT) Protection
88%
Security solutions specifically designed for SaaS applications
86%
IoT - Transportation Security
86%
Cloud Workload Security
86%
Services - Security Education & Training
86%
Services - Threat intelligence
84%
Industrial Cybersecurity
81%
Container Security
79%
Anti-DDoS Protection
77%
Network Sandboxing
74%
SOAR
70%
SIEM
Recommendations

Telecom companies, data centers and cloud infrastructure are frequent targets for cyberattacks. You will be the first line of defense for your clients in the case of a malware outbreak. Thus, you are encouraged to deploy a comprehensive multi-layered cybersecurity solution. Another big problem for this sector is the inappropriate use of IT resources by staff, which cannot be solved without regular cyber awareness training.

In order to ensure the resilience of your online services against DDoS attacks, make sure that you implement an integrated DDoS mitigation strategy. The physical loss of devices and media is another big issue for your region, demanding special attention during cybersecurity training.

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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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