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LATAM, All industries, 249 employees
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  • Financial Services
  • Government
  • 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 102 respondents*
LATAM, All industries, 249 employees
IT Security budget makes up 25% of the total IT spend
View analytics for previous years
average
$ 162 226
average
$ 162 226
max
$ 1 531 250
2020
2023
Expected change to IT security budget in three years
+ 3 %
year
2020
2023
YoY Dynamics
Find out data for my company
Threats experienced in the last 12 months
Data provided by 113 respondents*
LATAM, All industries, 249 employees
44%
Data breach
41%
Inappropriate IT resource use by employees
39%
Viruses & malware
35%
Physical loss of company owned mobile devices exposing the organization to risk
35%
IT Security policies violation by employees
35%
Incidents involving non-computing connected devices
32%
Cryptomalware/ransomware
31%
Attacks on local / branch offices of our company
31%
Malware infection of BYOD devices
31%
Physical loss of devices or media
31%
Inappropriate sharing of data via mobile devices
30%
Incidents affecting suppliers that the business shares data with
29%
Targeted attacks
29%
Physical loss of BYOD devices
28%
Phishing / social engineering attacks on accounts
28%
Fileless attacks
28%
Electronic leakage of data from internal systems
27%
DDoS attacks
26%
Supply chain attacks
21%
Cryptomining attacks
17%
Incidents affecting virtualized environments
15%
Incidents affecting IT Infrastructure hosted by a third party
10%
Attacks on point-of-sale (POS) systems
10%
Incidents affecting third party cloud services used by the business
4%
Attacks on online banking services
4%
Financial losses due to attacks on ATM
4%
Attacks on core transactional / back office systems
78%
Any cyberthreat
$ 55 675
Average cost of one incident
Security measures in place
Data provided by 71 respondents*
LATAM, All industries, 249 employees
85%
Web Security
82%
Network Securitу
77%
Messaging Security
77%
Storage array / network attached storage security software
76%
Security for Virtualization
72%
Services - Threat intelligence
72%
Services - Security Assessment
70%
Container Security
69%
Mobile Security
69%
Anti-DDoS Protection
68%
Services - Security Education & Training
68%
Services - Incident Response
68%
Cloud Workload Security
66%
Advanced Persistent Threat (APT) Protection
64%
Endpoint Protection**
62%
Network Sandboxing
61%
Security solutions specifically designed for SaaS applications
59%
Services - Managed Detection & Response
56%
IoT - Transportation Security
56%
Industrial Cybersecurity
55%
SIEM
44%
SOAR
11%
Services - Industrial Cybersecurity Assessment
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.

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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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