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LATAM, Retail & Wholesale, -1 employees
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  • Financial Services
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  • Industrial/Manufacturing
  • IT & Telecoms
  • Retail & Wholesale
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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 27 respondents*
LATAM, Retail & Wholesale, -1 employees
IT Security budget makes up 31% of the total IT spend
View analytics for previous years
average
$ 14 715 631
average
$ 14 715 631
max
$ 82 500 000
2020
2023
Expected change to IT security budget in three years
+ 19 %
year
2020
2023
YoY Dynamics
Find out data for my company

Threats experienced in the last 12 months

Data provided by 29 respondents*
LATAM, Retail & Wholesale, -1 employees
38%
Inappropriate IT resource use by employees
34%
Data breach
34%
Targeted attacks
34%
Viruses & malware
28%
Attacks on local / branch offices of our company
28%
Physical loss of BYOD devices
28%
Malware infection of BYOD devices
28%
IT Security policies violation by employees
28%
Fileless attacks
28%
Physical loss of devices or media
24%
Phishing / social engineering attacks on accounts
24%
Incidents affecting virtualized environments
24%
Incidents affecting suppliers that the business shares data with
24%
Physical loss of company owned mobile devices exposing the organization to risk
24%
Cryptomalware/ransomware
21%
Inappropriate sharing of data via mobile devices
21%
Incidents affecting IT Infrastructure hosted by a third party
21%
Cryptomining attacks
17%
Incidents affecting third party cloud services used by the business
17%
Electronic leakage of data from internal systems
17%
DDoS attacks
14%
Incidents involving non-computing connected devices
14%
Attacks on point-of-sale (POS) systems
14%
Supply chain attacks
72%
Any cyberthreat
$ 578 738
Average cost of one incident

Security measures in place

Data provided by 24 respondents*
LATAM, Retail & Wholesale, -1 employees
75%
Endpoint Protection**
96%
Web Security
92%
Security for Virtualization
88%
Cloud Workload Security
88%
Network Securitу
88%
Storage array / network attached storage security software
83%
Advanced Persistent Threat (APT) Protection
83%
Container Security
83%
Network Sandboxing
83%
Anti-DDoS Protection
83%
Services - Threat intelligence
79%
Security solutions specifically designed for SaaS applications
79%
Services - Security Assessment
79%
Mobile Security
75%
Services - Incident Response
75%
Services - Managed Detection & Response
75%
Messaging Security
71%
Services - Security Education & Training
71%
Industrial Cybersecurity
67%
SIEM
58%
SOAR
54%
IoT - Transportation Security
Recommendations

Being an agile company in the retail and wholesale segment means you have no time to lose on fixing the consequences of malware infections on your systems. You are encouraged to deploy a comprehensive multi-layered cybersecurity solution in order to prevent an infection from happening. Another big problem for this sector is the inappropriate use of IT resources by staff, which cannot be solved without regular cyber awareness training.

The electronic leakage of information from internal systems, along with the physical loss of devices and data is a big issue for retail and wholesale companies in your region, demanding special attention during cybersecurity training. Training should occur regularly and involve renowned cybersecurity professionals.

Want to see more statistics?
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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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