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LATAM, IT & Telecoms, 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 2020
Data provided by 30 respondents*
LATAM, IT & Telecoms, 1 000 employees
IT Security budget makes up 36% of the total IT spend
View analytics for previous years
average
$ 19 603 877
average
$ 19 603 877
max
$ 421 875 000
2020
2023
Expected change to IT security budget in three years
+ 7 %
year
2020
2023
YoY Dynamics
Find out data for my company
Threats experienced in the last 12 months
Data provided by 32 respondents*
LATAM, IT & Telecoms, 1 000 employees
59%
DDoS attacks
53%
Data breach
50%
Viruses & malware
47%
Incidents involving non-computing connected devices
44%
Physical loss of company owned mobile devices exposing the organization to risk
44%
Phishing / social engineering attacks on accounts
41%
Cryptomalware/ransomware
41%
Electronic leakage of data from internal systems
38%
Inappropriate sharing of data via mobile devices
38%
Supply chain attacks
38%
Cryptomining attacks
38%
Inappropriate IT resource use by employees
34%
IT Security policies violation by employees
34%
Physical loss of BYOD devices
34%
Attacks on local / branch offices of our company
31%
Incidents affecting IT Infrastructure hosted by a third party
31%
Physical loss of devices or media
31%
Malware infection of BYOD devices
28%
Attacks on point-of-sale (POS) systems
28%
Incidents affecting virtualized environments
28%
Fileless attacks
28%
Incidents affecting suppliers that the business shares data with
28%
Targeted attacks
25%
Incidents affecting third party cloud services used by the business
91%
Any cyberthreat
$ 526 529
Average cost of one incident
Security measures in place
Data provided by 26 respondents*
LATAM, IT & Telecoms, 1 000 employees
96%
Services - Security Assessment
92%
Industrial Cybersecurity
92%
Messaging Security
92%
Anti-DDoS Protection
92%
Advanced Persistent Threat (APT) Protection
88%
Web Security
88%
Cloud Workload Security
88%
Network Securitу
85%
Services - Incident Response
85%
Security for Virtualization
85%
Storage array / network attached storage security software
81%
Network Sandboxing
81%
Services - Security Education & Training
81%
Services - Threat intelligence
77%
Security solutions specifically designed for SaaS applications
77%
Services - Managed Detection & Response
77%
Mobile Security
73%
Container Security
73%
IoT - Transportation Security
71%
Endpoint Protection**
69%
SOAR
65%
SIEM
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.

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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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