2023 Cybersecurity Predictions: What Latin America Needs to Know About the Evolving Threat Landscape

In 2023, Argentina will face 2,000 million cyber attack attempts, according to FortiGuard Labs, a threat intelligence and analysis laboratory owned by Fortinet. Despite a decrease in the number of attacks from the previous year, experts warn that this trend does not necessarily mean good news. Globally, there is a shift towards fewer mass attacks and an increase in targeted, more sophisticated exploits and new variants of malware and ransomware.

The evolving threat landscape presents challenges for organizations as attackers exploit a wide range of Internet-connected devices. The Latin American and Caribbean region saw 200 billion attack attempts in 2023, with countries like Mexico, Brazil and Colombia being the most affected.

Specific cases in Argentina highlight the impact of cyberattacks on public and private entities. From ransomware attacks on large companies to breaches by regulatory bodies such as the National Securities and Exchange Commission, these incidents underscore the urgent need for strong cybersecurity measures.

Fortinet advises organizations to integrate cybersecurity as part of their business strategy by adopting comprehensive platforms that combine network and security components. Automation and AI capabilities can help detect and mitigate intrusion attempts, protecting networks from sophisticated and targeted attacks. The cybersecurity industry as a whole is witnessing a shift toward more strategic and proactive defense mechanisms to combat evolving cyber threats.

In conclusion, despite a decrease in the number of mass attacks globally, the evolving threat landscape presents challenges for organizations as attackers continue to exploit a wide range of Internet-connected devices. It is crucial that organizations adopt comprehensive platforms that combine network and security components to protect themselves against sophisticated and targeted attacks.