Almost half of Argentine companies suffered cyber attacks in the last three years

Argentina is one of the countries that receives the most cyber attacks in the region
14 June, 2019
Hacks increased by 700% in Argentina and the government accelerated the command of cybersecurity
14 June, 2019

Almost half of Argentine companies suffered cyber attacks in the last three years

Cybersecurity plays an increasingly important role in the business agenda and the concern is not casual: 45.3% of companies in Latin America suffered at least some kind of attack in the last three years.

Among the most common attacks appear, first, the phishing (information theft) with 51.9%, secondly, the malware (malignant program) with 49.1%, and, thirdly, the ransomware with 38 percent.

According to 32.4% of those consulted in Latin America by the company VU Security, the sectors most affected by cyber attacks and cybersecurity breaches are brand image and reputation. 29.8% think that this type of attack has negative consequences on the company's finances and finally, 24.4% believe that the greatest impact is on the operations.

However, only 9.2% of victims of cyber attacks admit losing customers as a result of an attack, a trend that remains constant in all countries, including Argentina.

Considering that phishing is the most common attack, from VU they highlight the increasing importance of fraud prevention and identity protection. So it is essential to find out what are the worst vulnerabilities and how users take care of their cyber security. 41.3% of participants agree that mobile devices are the most vulnerable to online threats, added to the habit of users sharing passwords and access signals, which 65.8% of respondents consider to represent the greatest security risks.

Nowadays social networks have a great role in the lives of people. "That is why, during the study, we consider it important to also evaluate what the respondents' perception of the attacks through these platforms is," said Sebastián Stranieri, CEO of VU. When consulting which are the most frequent scams, 61.8% consider that the main modality is false offers to join new groups or participate in events and 50.7% made reference to false applications.

"The exponential increase in interconnected devices is a key and sensitive issue in terms of security," explained Stranieri. In the report, VU Labs verified that 29.9% consider that the main risk has to do with the accessibility of the device to the sensitive information of the users. While 24% refers to the lack of legislation regarding the security measures that these devices must have. On the other hand, 19% perceive the impersonation of the user's identity as a risk.


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