48AF3A60-914C-4C95-B1E0-3397FF00C1E9 Created with sketchtool.
Calculator
LATAM, IT & Telecoms, 4 999 employees
7E919FA3-84AA-4530-B42D-91BADB226992 Created with sketchtool.
  • All
  • APAC & Japan
  • Europe
  • LATAM
  • META
  • North America
  • Russia
7E919FA3-84AA-4530-B42D-91BADB226992 Created with sketchtool.
  • All
  • Finance
  • Government
  • Industrial/Manufacturing
  • IT & Telecoms
  • Retail & Wholesale
$
Calculate
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 Lab.
IT security budget in 2018
Data provided by 45 respondents*
LATAM, IT & Telecoms, 4 999 employees
IT Security budget makes up 34% of the total IT spend
average
$ 13 255 999
average
$ 13 255 999
max
$ 218 750 000
2018
2021
Expected change to IT security budget in three years
+ 18 %
year
2018
2021
Security measures in place
Data provided by 49 respondents*
LATAM, IT & Telecoms, 4 999 employees
Threats experienced in the last 12 months
Data provided by 49 respondents*
LATAM, IT & Telecoms, 4 999 employees
59%
Data breach
59%
Physical loss of devices or media
53%
Incidents affecting third party cloud services used by the business
53%
Inappropriate IT resource use by employees
53%
Viruses & malware
49%
Targeted attacks
49%
Incidents affecting suppliers that the business shares data with
49%
Incidents affecting virtualized environments
47%
Electronic leakage of data from internal systems
45%
Incidents involving non-computing, connected devices
43%
Inappropriate sharing of data via mobile devices
41%
DDoS attacks
37%
Incidents affecting IT Infrastructure hosted by a third party
35%
Cryptomalware/ransomware
73%
Any cyberthreat
$ 1 288 728
Average cost of one incident
Recommendations

IT and telecoms companies, data centers and cloud infrastructures, are at the forefront of implementing the newest technological advances, but they are also at the forefront when it comes to encountering the most cyber threats. They have one of the highest rates of virtual infrastructure cyber incidents, not to mention the fact they have to fight off huge amounts of malware and encounter DDoS and similar attacks every day. This means that, besides building a multi-layered defense against malware, they should be using specialized security solutions optimized for virtual environments, and should invest in cyber-awareness training for their staff. Only complete fully-fledged cybersecurity solutions for data centers and cloud-based systems can ensure the continuity of service that is such an important customer consideration for these organizations when they are selecting or changing provider.

IT and telecoms companies operating in Latin America often encounter data leaks from internal services and incidents with IT infrastructure hosted by third parties. To be better prepared for these events, we recommend these organizations deploy data center security solutions and work with a professional cybersecurity services provider.

Want to see more statistics?
Fill out this form to download the «On the Money: Growing IT Security Budgets to Protect Digital Transformation Initiatives» report
Download report
Need help with IT security?
Fill out this form and Kaspersky Lab experts will get in touch
Contact me
*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 Lab and B2B International. Statistics based on less than 30 respondents should be used with caution, due to this being a low base.

We use cookies to make your experience of our websites better. By using and further navigating this website you accept this. Detailed information about the use of cookies on this website is available by clicking on more information

Accept and Close