The document discusses investing in cybersecurity for 2020. It notes that Mexico is the 8th most targeted country by ransomware hackers. Global spending on cybersecurity services exceeds $124 billion annually from 4300 companies. Private capital investment in cybersecurity startups has grown 19% annually in recent years, with some startups raising over $100 million. However, M&A exit activity has not reflected this growth. The document suggests areas Mexico could improve in, such as supporting home-grown cybersecurity and public-private partnerships. It notes that 9 cybersecurity startups currently call Mexico home.
Cybercrime losses in Mexico exceed $3B, government has started making local arrests given that Mexico ranks 10th in origin of attacks
Stopped a $100M hacking effort but then succumbed to another whereby they lost $10’s of millions
In 2019, Mexico is home to
4 Fortune 500 companies (Pemex, America Movil, Utility, Beverage Co.)
13 Fortune 2000 companies
https://en.wikipedia.org/wiki/List_of_largest_Mexican_companies
https://en.wikipedia.org/wiki/List_of_companies_of_Mexico
https://www.gob.mx/cms/uploads/attachment/file/399655/ENCS.ENG.final.pdf
http://www.seguridadinternacional.es/?q=es/content/cybersecurity-challenges-latin-america
Spend on IT Security expected to grow ~3X non-security IT spend
https://www.gartner.com/en/newsroom/press-releases/2018-08-15-gartner-forecasts-worldwide-information-security-spending-to-exceed-124-billion-in-2019
https://www.cybermap.co/
https://momentumcyber.com/docs/White_Papers/2019_Security_Technology_Spend_Insights_Report_White_Paper.pdf
ROW incl.
EMEA = Sweden, UK, Israel,
Asia = Singapore, India
Other = Canada, Australia
9 Mexican cybersecurity startups listed on AngelList
1000 US cybersecurity startups
Mexico top 10 in engineering graduates : https://www.weforum.org/agenda/2015/09/which-country-most-engineering-manufacturing-and-construction-graduates/
https://observatory.tec.mx/edu-news/tec-de-monterrey-launches-hub-to-tackle-cybercrime
https://tec.mx/es/noticias/nacional/institucion/tec-created-first-cybersecurity-hub-latin-America