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LATAM, IT & Telecoms, 4 999 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 2021

Data provided by 35 respondents*
LATAM, IT & Telecoms, 4 999 employees
IT Security budget makes up 40% of the total IT spend
View analytics for previous years
average
$ 6 402 158
average
$ 6 402 158
max
$ 82 500 000
2021
2024
Expected change to IT security budget in three years
+ 15 %
year
2021
2024
YoY Dynamics
Find out data for my company

Threats experienced in the last 12 months

Data provided by 38 respondents*
LATAM, IT & Telecoms, 4 999 employees
45%
Data breach
39%
Malware infection of BYOD devices
39%
Incidents involving non-computing connected devices
34%
Targeted attacks
32%
Physical loss of BYOD devices
29%
Physical loss of company owned mobile devices exposing the organization to risk
29%
IT Security policies violation by employees
29%
Incidents affecting IT Infrastructure hosted by a third party
29%
Physical loss of devices or media
29%
Inappropriate IT resource use by employees
26%
Attacks on local / branch offices of our company
26%
Viruses & malware
24%
Cryptomining attacks
24%
Incidents affecting suppliers that the business shares data with
24%
DDoS attacks
21%
Inappropriate sharing of data via mobile devices
21%
Incidents affecting virtualized environments
21%
Cryptomalware/ransomware
18%
Supply chain attacks
18%
Incidents affecting third party cloud services used by the business
18%
Electronic leakage of data from internal systems
16%
Phishing / social engineering attacks on accounts
16%
Fileless attacks
13%
Attacks on point-of-sale (POS) systems
82%
Any cyberthreat
$ 525 221
Average cost of one incident

Security measures in place

Data provided by 31 respondents*
LATAM, IT & Telecoms, 4 999 employees
71%
Endpoint Protection**
97%
Network Securitу
94%
Web Security
94%
Cloud Workload Security
90%
Services - Threat intelligence
90%
Mobile Security
90%
Anti-DDoS Protection
90%
Storage array / network attached storage security software
90%
Advanced Persistent Threat (APT) Protection
87%
Security solutions specifically designed for SaaS applications
87%
Services - Managed Detection & Response
84%
Services - Security Assessment
84%
Security for Virtualization
81%
Industrial Cybersecurity
81%
Messaging Security
81%
Container Security
74%
Services - Security Education & Training
71%
Network Sandboxing
71%
Services - Incident Response
65%
IoT - Transportation Security
55%
SIEM
45%
SOAR
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 3,063 business representatives from companies with 50 and up to 4,999 employees around the world, conducted in 2021 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 methodology for measuring endpoint protection 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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