Cyber Attacks: Is Latin America Prepared?
Date of Publication
1-1-2023 12:00 AM
Security Theme
Cybersecurity
Keywords
Latin America, South America, Cyber, Cybersecurity, Cyber attacks
Description
Latin America is the new frontier for cyber attacks. This is due to a growing population that is increasingly connected to the Internet and growing economies. The four largest economies – Argentina, Brazil, Colombia, and Mexico – are most at risk, along with some smaller economies that excel in technological innovation (Chile, Costa Rica, Peru, and Uruguay). While the majority of these countries is moderately prepared to handle the cyber threat, Costa Rica and Peru are not. Moreover, no country is fully prepared to adequately face the 21st century cyber landscape, and other countries in Latin America lack an awareness of the threat. The Organization of the American States (OAS) and the Inter-American Development Bank (IDB) are working with the region to develop comprehensive cyber strategies. However, there must also be coordination between countries and within countries to make these strategies work. Currently, a lack of trust permeates the environment and makes a common Latin American cyber space seem unlikely for the foreseeable future.
Cyber Attacks: Is Latin America Prepared?
Latin America is the new frontier for cyber attacks. This is due to a growing population that is increasingly connected to the Internet and growing economies. The four largest economies – Argentina, Brazil, Colombia, and Mexico – are most at risk, along with some smaller economies that excel in technological innovation (Chile, Costa Rica, Peru, and Uruguay). While the majority of these countries is moderately prepared to handle the cyber threat, Costa Rica and Peru are not. Moreover, no country is fully prepared to adequately face the 21st century cyber landscape, and other countries in Latin America lack an awareness of the threat. The Organization of the American States (OAS) and the Inter-American Development Bank (IDB) are working with the region to develop comprehensive cyber strategies. However, there must also be coordination between countries and within countries to make these strategies work. Currently, a lack of trust permeates the environment and makes a common Latin American cyber space seem unlikely for the foreseeable future.
