Intelligent CIO LATAM Issue 10 | Page 24

TRENDING
and digital attacks has improved the approach of many companies in relation to information security .
Investments in cybersecurity
According to the BugHunt study , investments in the area have more than tripled in the last three years with the fight against cyberattacks and compliance with the Brazilian General Data Protection Law ( LGPD , in Portuguese ) being the main reasons for adopting new more than R $ 300,000 and 10.4 % invest between R $ 50,000 and R $ 100,000 .
Furthermore , 67.2 % of the companies that answered the research started investing in information security in the last three years , 19 % in the last three to five years and only 13.8 % for more than five years . Respondents say that the investments seek to prevent cyberattacks , ensure adaptation to the LGPD or because they have suffered previous incidents .
This should be a priority for companies but there are few that really integrate cybersecurity into the corporate culture .
The study also reveals that 64 % of the companies interviewed are in compliance with the LGPD . Of those that are not yet , 47 % are already carrying out adaptation projects , 24 % are adapting with the internal team , 12 % do not have the support of senior management and 5 % have not been able to identify a supplier . strategies . In addition , most of them focus their efforts on developing their own IT team .
Challenges for implementing information security in companies
In most companies ( 58.6 %), the annual budget limit for the information security sector is R $ 50,000 . For 15.5 % of corporations , the investment is between R $ 100,000 and R $ 300,000 , while 15.5 % spend
The much-lauded Digital Transformation is a reality in several companies . However , according to Telles , during this process many companies end up leaving gaps for cybercriminals .
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