Are Latin American companies ready to tackle threats to their application code?

The Latin America market matters to Checkmarx, which is why wanted to understand awareness of application security risk among Latin American organisations and how they are approaching the challenge of identifying and mitigating code vulnerabilities. We surveyed more than 300 CISOs, Developers, Security Specialists and DevOps experts in the region to better understand the key trends and opportunities in 2022.

The results impressed us. Latin America is ready for transformation and adoption of the most advanced security technologies and sees automation as a critical factor in boosting efficiency and security. However, at present companies are slow to remediate identified vulnerabilities and struggle to evolve at the pace of threats.

Our report uncovers:

• The main vulnerabilities faced by Latin American companies.
• The most commonly used software development methodologies.
• The expected level of investment needed to match the scale of the challenge faced.

ANSWERING QUESTIONS LIKE:

• What is the typical frequency of software deployment in Latin America?

• What’s driving AppSec adoption in Latin American companies?

• How long does it take to remediate vulnerabilities?

• How critical is secure development to different stakeholders in Latin American Companies?

• What is the most impactful thing companies can do to facilitate easier AppSec?

• What AppSec tools are in use in which stage of the development lifecycle?

• How much will the application security budget grow in the year ahead?

• What is the roadmap for AppSec adoption?

This survey was administered online by Global Surveyz Research, a global research firm. The report is based on answers from 343 managers in Development, DevOps, Security and Project Management from LATAM countries including Mexico, Brazil, Argentina, Colombia, and Chile.

Respondents were from company sizes of between 50 and 10,000 employees in a wide variety of industries including manufacturing, software and technology, financial services, hospitality, and oil and gas.