2023 THALES
DATA THREAT REPORT

Perspectives and Pathways to
Sovereignty and Transformation

Despite the economic and geopolitical tensions that arose in 2022, enterprises continued to invest in their operations and their digital transformation. Organizations balanced security and privacy risks with opportunities opened by new technologies and business models. The 2023 Thales Global Data Threat Report, conducted with nearly 3,000 respondents across 18 countries, in roles ranging from senior executive leaders to individual practitioners, illustrates how influencers and decision-makers manage this balance; considers their attitudes, perceptions, realities and expectations for the years ahead; looks at the influencers and decision-makers driving enterprise security policies and practices; and highlights changes over time. This report includes a supplement focused on the Latin America (LATAM) region, and briefly discuss the opportunities and challenges of digital sovereignty and points to consider for the future. 

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Key Findings - Latin America Region
 

We’re only human

The #1 root cause of cloud data breach is human error.
 

In response, enterprises are empowering their users to avoid errors. Strong MFA adoption in LATAM has increased to 62%, and 30% of respondents identify IAM as the security technology most effective in 62% protecting sensitive data from cyberattacks, indicating a growing focus on preventing human error as a source of security weaknesses in the region.

 

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Post quantum cryptography moves further from the academic to the real world

67%of LATAM respondents say network decryption is the quantum computing security threat of greatest concern, similar to the global average.

 

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Digital Sovereignty is an emerging strategic initiative

98%of LATAM respondents say designating or changing the location and jurisdiction of data or implementing full data encryption are acceptable measures to achieve various levels of digital sovereignty.

69%of LATAM organizations have at least 5 enterprise key management systems, 7 percentage points higher than the global result (62%), adding to the complexity.

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60% of LATAM organizations have a formal RANSOMWARE response plan, a significant increase from 2022 (42%) when we first asked.

 

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