Dec 7, 2021
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Cybersecurity is a priority for Latin American consumers: report

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A Mastercard study found that consumers have become more proactive and 9 out of 10 say they are aware of cyberattacks.
A study commissioned by Mastercard to Kantar revealed that cybersecurity has become more important to consumers as they enter the digital economy more. According to the “Digital Security Barometer” revealed that 87% of consumers are aware of cyberattacks , 75% reported having been a victim of cybercriminals in one way or another, and 20% said that a company leaked their personal information .
In less than a decade, cybersecurity has become one of the most important systemic problems for the global economy. Cyberattacks are becoming more sophisticated and costly, creating a $ 350 billion problem worldwide and costing $ 5.2 trillion annually in losses. As the use of digital services has increased throughout the COVID-19 pandemic, scams, fraud and cyberattacks against individuals and businesses have also grown rapidly.
Other data from the Mastercard Digital Security Barometer survey shows the following:
“Building trust in every transaction and interaction is more important than ever. It is no longer enough for individual actors to invest in cybersecurity systems that offer protection just for them. All players in the payments ecosystem must invest in the right foundations and barriers that create a shield around the entire supply chain, ”says Jorge Arbesú, Senior Vice President of Cybernetics and Intelligence at Mastercard. “As a technology company in the world of payments, trust and security are essential for us,” adds Arbesú.

Amanda Breen
Entrepreneur en Español
Jonathan McDonald
Entreprenur en Español
Matt Fore
Nick Babich
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