The Ransomware and Cybersecurity Landscape in Latin America: Challenges and Effective Solutions
The recent Datto webinar offered a detailed overview of the state of cybersecurity in Latin America, led by Andrés Velázquez, an industry expert. During the session, Velázquez emphasized that ransomware attacks in the region have increased by 13%. Brazil and Argentina stand out among the most affected countries, revealing systemic weaknesses that leave both large and small organizations exposed. The consequences of these attacks are significant, not only due to the ransom demands but also because of the operational disruptions and reputational damage they cause.
Key cybersecurity challenges in LATAM
Cybersecurity in Latin America faces particular challenges that complicate the implementation of preventive and reactive strategies. Companies in the region, especially small and medium-sized enterprises (SMEs), operate in a complex environment where the lack of adequate resources and outdated infrastructures create a “perfect storm” for cybercriminals. Understanding these challenges is crucial for designing effective defenses.
- Outdated infrastructure and software piracy
Many companies still operate with outdated systems or use pirated software, leaving gaps that attackers can easily exploit. - Insufficient cybersecurity governance
The lack of clear regulations and standardized security strategies exacerbates exposure to cyberattacks. - SMEs as attractive targets
While it’s commonly believed that only large organizations are targeted, SMEs are often vulnerable due to lower security investments and weaker systems.
Advanced threats: The evolution of malware
Velázquez explained how cyberthreats have evolved from simple viruses to complex forms of ransomware that use artificial intelligence to maximize damage. The concept of “Ransomware-as-a-Service” has democratized access to malicious tools, allowing criminals with little technical expertise to carry out large-scale attacks. This sophistication has also led attackers to target and encrypt backup systems, increasing the pressure on victims to pay the ransom.
Additionally, there is a rise in phishing attacks that exploit stolen credentials through social engineering. Cybercriminals benefit from the fact that many employees reuse the same passwords for both corporate and personal accounts, thereby expanding the attack surface.
Proactive defense strategies
Adopting a preventive approach is essential to mitigate cyber-risks in LATAM. Velázquez highlighted that the best defense is closing off opportunities for attackers by implementing multiple layers of security throughout the infrastructure.
- Constant patching of all systems and applications to reduce known vulnerabilities.
- Use of layered security solutions, such as next-generation antivirus, Endpoint Detection and Response (EDR), and Managed Detection and Response (MDR), to cover different entry points.
- Continuous monitoring of abnormal behavior within the network to detect potential attacks in their early stages, enabling a swift response before significant damage is done.
Velázquez also stressed that organizations must have well-defined incident response plans. It’s not only about preventing attacks but also reacting quickly when they occur to minimize operational and financial impacts.
Datto’s value proposition in security
Datto’s solutions, such as EDR and MDR, offer comprehensive defense through a combination of technologies. Velázquez highlighted the layered approach, which integrates:
- Next-generation antivirus for basic detection.
- EDR to identify and isolate threats in real time.
- MDR, with SOC analysts continuously monitoring alerts and responding to incidents.
Conclusion: Toward resilient cybersecurity in LATAM
For Velázquez, organizations in LATAM must adopt a proactive mindset toward cybersecurity, investing in appropriate technology and raising awareness at all levels of the company. The belief that “it won’t happen to me” is a mistake that can be costly in both operational and reputational terms.
Ready to protect your business against modern threats?
Request a free demo from Datto today and discover how our security solutions, such as EDR and MDR, can strengthen your company’s cybersecurity and ensure operational continuity.
Request your demo now and take the next step toward comprehensive protection.
