Nearshore Americas

Companies Spending $1.6 Billion on Cybercrime Incidents in Mexico

According to a new report from PwC, Mexico is still in an immature state of cybersecurity due to lack of investment into cybercrime protection, resulting in above-average rates of security incidents.
In the last 12 months, Mexico had just over 3 million security incidents, with around 87% of companies experiencing some form of privacy breach. This is 13% higher than the global trend.
On a worldwide scale, the average cost of a single cybercrime incident is $2,386,719, compared to $1,581,641 in Mexico, which is 32% of the budget for information security.
“To remain competitive, today’s organizations must make a financial commitment to integrate cybersecurity with digitization,” said David Burg, global leader of cybersecurity and privacy at PwC.

Matt Kendall

During his 2+ years as Chief Editor at Nearshore Americas, Matt Kendall operated at the heart of both the Nearshore BPO and IT services industries, reporting on the most impactful stories and trends in the sector.

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