IBOV 177,999.00 ▲ 0.47% IPSA 11,016.85 ▼ 0.13% IPC MEX 67,327.01 ▲ 1.28% MERVAL 3,291,323 ▼ 0.41% COLCAP 2,392.10 ▲ 2.12% BVL PERÚ 57,890.85 — — USD/BRL5.07▲ 0.30% USD/MXN17.33▼ 0.09% USD/CLP930.47▲ 0.47% USD/COP3,152▼ 1.53% USD/PEN3.39▼ 0.05% USD/ARS1,485▼ 0.27% USD/UYU40.20▲ 1.31% USD/PYG5,931▲ 0.69% USD/BOB12.10▲ 8.06% USD/DOP57.99▲ 0.14% USD/CRC448.40▲ 1.30% USD/GTQ7.62▲ 2.31% USD/HNL26.76▲ 0.39% USD/NIO36.62▲ 0.34% USD/VES744.76▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.19▲ 0.48% USD/TTD6.72▲ 0.83% EUR/BRL5.85▼ 0.37% BRENT 90.12 ▲ 1.22% WTI 86.80 ▲ 3.84% IRON ORE 161.91 — — COPPER 6.51 ▲ 0.98% GOLD 4,099 ▼ 0.04% SILVER 57.78 ▼ 1.77% SOY 1,188 ▲ 0.93% CORN 463.75 ▲ 4.04% WHEAT 638.00 ▼ 3.84% COFFEE 313.55 ▼ 2.94% SUGAR 14.65 ▲ 1.52% ORANGE JUICE 153.35 ▲ 5.03% COTTON 81.20 ▲ 2.25% COCOA 5,394 ▲ 5.52% BEEF 227.00 ▼ 1.83% CATTLE 343.28 ▼ 0.92% LITHIUM 69.22 ▼ 0.85% PETR4 43.42 ▲ 1.35% VALE3 76.28 ▲ 0.25% ITUB4 42.89 ▲ 0.39% BBDC4 18.43 ▲ 0.22% ABEV3 15.99 ▲ 0.19% BBAS3 21.35 ▲ 0.76% B3SA3 15.73 ▲ 0.64% WEGE3 47.20 ▲ 0.81% PRIO3 60.85 ▲ 1.48% SUZB3 43.32 ▲ 1.38% RENT3 37.61 ▼ 1.62% AZZA3 16.42 ▲ 3.53% CSAN3 4.07 ▲ 2.01% RAIZ4 0.26 — 0.00% PCAR3 2.59 ▼ 5.47% GMAT3 4.03 ▲ 1.26% PSSA3 54.70 ▲ 0.64% CVCB3 1.31 ▲ 0.77% POSI3 3.55 ▲ 0.85% SLCE3 13.38 ▲ 0.91% NATU3 8.38 ▲ 0.60% BRKM5 5.97 ▲ 0.67% RANI3 8.11 ▲ 1.00% CSNA3 4.84 ▼ 2.22% CMIN3 5.71 ▼ 0.17% USIM5 7.36 ▼ 2.52% GGBR4 24.98 — 0.00% ENEV3 26.31 ▲ 0.61% CPFE3 46.14 ▲ 0.11% CMIG4 11.34 ▲ 0.98% EQTL3 38.66 — 0.00% LREN3 13.60 ▲ 0.59% VIVT3 32.63 — 0.00% RAIL3 14.44 ▲ 1.12% KLABIN 18.25 ▲ 1.11% RAIA DROGASIL 18.48 ▲ 1.26% RDOR3 34.64 ▲ 0.64% HAPV3 11.28 ▲ 2.45% FLRY3 17.14 ▲ 1.00% SMTO3 14.52 ▲ 0.83% UGPA3 33.05 ▲ 0.39% VBBR3 36.05 ▲ 1.18% BBSE3 41.26 ▲ 0.98% BPAC11 56.80 ▲ 0.32% CURY3 30.09 ▼ 1.02% AERI3 2.15 ▲ 0.94% VIVARA 22.18 ▲ 0.09% COMPASS 24.84 — 0.00% VAMOS 3.34 ▼ 2.34% SANB11 28.62 ▲ 13.35% ASAI3 8.50 ▲ 1.07% SBSP3 27.70 ▲ 1.06% WALMEX 50.36 ▲ 0.34% GMEXICO 208.29 ▼ 2.20% FEMSA 221.95 ▲ 1.19% CEMEX 20.54 ▼ 0.73% GFNORTE 199.64 ▼ 0.32% BIMBO 62.08 ▲ 2.26% TELEVISA 9.79 ▼ 0.91% AMX 22.00 — 0.00% GAP 376.64 ▼ 1.08% ASUR 275.62 ▼ 0.34% OMA 231.05 ▼ 0.96% KOF 187.94 ▼ 0.14% GRUMA 258.23 ▼ 4.00% KIMBER 40.19 ▼ 0.17% SQM-B 62,700 ▼ 0.93% COPEC 6,350 ▲ 0.79% BSANTANDER 80.99 ▲ 0.36% FALABELLA 6,216 ▼ 0.06% ENELAM 87.99 ▲ 0.39% CENCOSUD 1,955 ▲ 0.51% CMPC 1,055 ▲ 2.43% BANCO CHILE 193.71 ▼ 1.57% LATAM AIR 24.74 ▼ 0.64% YPF 82,900 ▲ 1.94% GGAL 7,890 ▼ 1.56% PAMPA 5,555 ▲ 0.36% TXAR 659.50 ▲ 1.77% ALUAR 977.50 ▼ 0.20% TGS 10,050 ▲ 2.45% CEPU 2,396 ▼ 0.33% MIRGOR 16,350 ▼ 1.95% COME 44.03 ▼ 1.94% LOMA NEGRA 3,620 ▼ 1.76% BYMA 295.50 ▼ 0.51% TELECOM ARG 4,408 ▲ 2.14% ECOPETROL 16.77 ▼ 1.58% BANCOLOMBIA 92.52 ▼ 1.46% GRUPO AVAL 5.28 ▲ 2.75% CREDICORP 400.58 ▼ 0.42% SOUTHERN COPPER 182.71 ▼ 1.24% BUENAVENTURA 30.28 ▼ 4.96% MERCADOLIBRE 1,878 ▼ 0.41% NUBANK 14.33 ▼ 1.10% XP 17.06 ▼ 0.81% PAGSEGURO 9.64 ▼ 2.03% STONE 11.38 ▼ 0.48% GLOBANT 36.60 ▲ 0.58% TECNOGLASS 43.44 ▼ 0.34% GAP AIRPORT 217.35 ▼ 1.02% ASUR 275.62 ▼ 0.34% OMA AIRPORT 106.90 ▼ 1.10% AMX ADR 25.37 ▲ 0.18% FEMSA ADR 127.99 ▲ 0.97% CEMEX ADR 11.82 ▼ 0.92% PETROBRAS ADR 19.40 ▲ 1.46% VALE ADR 15.06 ▲ 0.47% ITAU ADR 8.46 ▲ 0.24% SANTANDER BR 5.67 ▲ 12.28% AMBEV ADR 3.11 ▼ 0.32% CSN 0.99 ▼ 2.42% GERDAU 4.96 — 0.00% LATAM ADR 52.75 ▼ 2.21% BTC 62,918 ▼ 2.79% ETH 1,862 ▼ 2.91% SOL 72.86 ▼ 2.16% XRP 1.06 ▼ 2.04% BNB 586.64 ▼ 0.91% ADA 0.17 ▼ 1.11% DOGE 0.07 ▼ 1.38% AVAX 6.38 ▼ 0.84% LINK 8.16 ▼ 3.47% DOT 0.76 ▼ 1.18% LTC 44.28 ▼ 2.77% BCH 209.66 ▼ 3.39% TRX 0.33 ▼ 0.70% XLM 0.17 ▲ 0.15% HBAR 0.07 ▲ 0.32% NEAR 1.66 ▼ 1.09% ATOM 1.22 ▼ 4.42% AAVE 93.46 ▼ 6.02% SELIC 14.25% EMBRAER 86.89 ▲ 0.87% EMBRAER ADR 68.33 ▲ 0.32% JBS 14.02 ▼ 1.89% JBS BDR 70.70 ▼ 2.01% MBRF3 17.54 ▼ 2.34% MBRFY 3.39 ▼ 2.31% INTER 5.60 ▼ 0.71% IBOV 177,999.00 ▲ 0.47% IPSA 11,016.85 ▼ 0.13% IPC MEX 67,327.01 ▲ 1.28% MERVAL 3,291,323 ▼ 0.41% COLCAP 2,392.10 ▲ 2.12% BVL PERÚ 57,890.85 — — USD/BRL 5.07 ▲ 0.30% USD/MXN 17.33 ▼ 0.09% USD/CLP 930.47 ▲ 0.47% USD/COP 3,152 ▼ 1.53% USD/PEN 3.39 ▼ 0.05% USD/ARS 1,485 ▼ 0.27% USD/UYU 40.20 ▲ 1.31% USD/PYG 5,931 ▲ 0.69% USD/BOB 12.10 ▲ 8.06% USD/DOP 57.99 ▲ 0.14% USD/CRC 448.40 ▲ 1.30% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.76 ▲ 0.39% USD/NIO 36.62 ▲ 0.34% USD/VES 744.76 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.19 ▲ 0.37% USD/TTD 6.72 ▲ 0.86% EUR/BRL 5.85 ▼ 0.37% BRENT 90.12 ▲ 1.22% WTI 86.80 ▲ 3.84% IRON ORE 161.91 — — COPPER 6.51 ▲ 0.98% GOLD 4,099 ▼ 0.04% SILVER 57.78 ▼ 1.77% SOY 1,188 ▲ 0.93% CORN 463.75 ▲ 4.04% WHEAT 638.00 ▼ 3.84% COFFEE 313.55 ▼ 2.94% SUGAR 14.65 ▲ 1.52% ORANGE JUICE 153.35 ▲ 5.03% COTTON 81.20 ▲ 2.25% COCOA 5,394 ▲ 5.52% BEEF 227.00 ▼ 1.83% CATTLE 343.28 ▼ 0.92% LITHIUM 69.22 ▼ 0.85% PETR4 43.42 ▲ 1.35% VALE3 76.28 ▲ 0.25% ITUB4 42.89 ▲ 0.39% BBDC4 18.43 ▲ 0.22% ABEV3 15.99 ▲ 0.19% BBAS3 21.35 ▲ 0.76% B3SA3 15.73 ▲ 0.64% WEGE3 47.20 ▲ 0.81% PRIO3 60.85 ▲ 1.48% SUZB3 43.32 ▲ 1.38% RENT3 37.61 ▼ 1.62% AZZA3 16.42 ▲ 3.53% CSAN3 4.07 ▲ 2.01% RAIZ4 0.26 — 0.00% PCAR3 2.59 ▼ 5.47% GMAT3 4.03 ▲ 1.26% PSSA3 54.70 ▲ 0.64% CVCB3 1.31 ▲ 0.77% POSI3 3.55 ▲ 0.85% SLCE3 13.38 ▲ 0.91% NATU3 8.38 ▲ 0.60% BRKM5 5.97 ▲ 0.67% RANI3 8.11 ▲ 1.00% CSNA3 4.84 ▼ 2.22% CMIN3 5.71 ▼ 0.17% USIM5 7.36 ▼ 2.52% GGBR4 24.98 — 0.00% ENEV3 26.31 ▲ 0.61% CPFE3 46.14 ▲ 0.11% CMIG4 11.34 ▲ 0.98% EQTL3 38.66 — 0.00% LREN3 13.60 ▲ 0.59% VIVT3 32.63 — 0.00% RAIL3 14.44 ▲ 1.12% KLABIN 18.25 ▲ 1.11% RAIA DROGASIL 18.48 ▲ 1.26% RDOR3 34.64 ▲ 0.64% HAPV3 11.28 ▲ 2.45% FLRY3 17.14 ▲ 1.00% SMTO3 14.52 ▲ 0.83% UGPA3 33.05 ▲ 0.39% VBBR3 36.05 ▲ 1.18% BBSE3 41.26 ▲ 0.98% BPAC11 56.80 ▲ 0.32% CURY3 30.09 ▼ 1.02% AERI3 2.15 ▲ 0.94% VIVARA 22.18 ▲ 0.09% COMPASS 24.84 — 0.00% VAMOS 3.34 ▼ 2.34% SANB11 28.62 ▲ 13.35% ASAI3 8.50 ▲ 1.07% SBSP3 27.70 ▲ 1.06% WALMEX 50.36 ▲ 0.34% GMEXICO 208.29 ▼ 2.20% FEMSA 221.95 ▲ 1.19% CEMEX 20.54 ▼ 0.73% GFNORTE 199.64 ▼ 0.32% BIMBO 62.08 ▲ 2.26% TELEVISA 9.79 ▼ 0.91% AMX 22.00 — 0.00% GAP 376.64 ▼ 1.08% ASUR 275.62 ▼ 0.34% OMA 231.05 ▼ 0.96% KOF 187.94 ▼ 0.14% GRUMA 258.23 ▼ 4.00% KIMBER 40.19 ▼ 0.17% SQM-B 62,700 ▼ 0.93% COPEC 6,350 ▲ 0.79% BSANTANDER 80.99 ▲ 0.36% FALABELLA 6,216 ▼ 0.06% ENELAM 87.99 ▲ 0.39% CENCOSUD 1,955 ▲ 0.51% CMPC 1,055 ▲ 2.43% BANCO CHILE 193.71 ▼ 1.57% LATAM AIR 24.74 ▼ 0.64% YPF 82,900 ▲ 1.94% GGAL 7,890 ▼ 1.56% PAMPA 5,555 ▲ 0.36% TXAR 659.50 ▲ 1.77% ALUAR 977.50 ▼ 0.20% TGS 10,050 ▲ 2.45% CEPU 2,396 ▼ 0.33% MIRGOR 16,350 ▼ 1.95% COME 44.03 ▼ 1.94% LOMA NEGRA 3,620 ▼ 1.76% BYMA 295.50 ▼ 0.51% TELECOM ARG 4,408 ▲ 2.14% ECOPETROL 16.77 ▼ 1.58% BANCOLOMBIA 92.52 ▼ 1.46% GRUPO AVAL 5.28 ▲ 2.75% CREDICORP 400.58 ▼ 0.42% SOUTHERN COPPER 182.71 ▼ 1.24% BUENAVENTURA 30.28 ▼ 4.96% MERCADOLIBRE 1,878 ▼ 0.41% NUBANK 14.33 ▼ 1.10% XP 17.06 ▼ 0.81% PAGSEGURO 9.64 ▼ 2.03% STONE 11.38 ▼ 0.48% GLOBANT 36.60 ▲ 0.58% TECNOGLASS 43.44 ▼ 0.34% GAP AIRPORT 217.35 ▼ 1.02% ASUR 275.62 ▼ 0.34% OMA AIRPORT 106.90 ▼ 1.10% AMX ADR 25.37 ▲ 0.18% FEMSA ADR 127.99 ▲ 0.97% CEMEX ADR 11.82 ▼ 0.92% PETROBRAS ADR 19.40 ▲ 1.46% VALE ADR 15.06 ▲ 0.47% ITAU ADR 8.46 ▲ 0.24% SANTANDER BR 5.67 ▲ 12.28% AMBEV ADR 3.11 ▼ 0.32% CSN 0.99 ▼ 2.42% GERDAU 4.96 — 0.00% LATAM ADR 52.75 ▼ 2.21% BTC 62,918 ▼ 2.79% ETH 1,862 ▼ 2.91% SOL 72.86 ▼ 2.16% XRP 1.06 ▼ 2.04% BNB 586.64 ▼ 0.91% ADA 0.17 ▼ 1.11% DOGE 0.07 ▼ 1.38% AVAX 6.38 ▼ 0.84% LINK 8.16 ▼ 3.47% DOT 0.76 ▼ 1.18% LTC 44.28 ▼ 2.77% BCH 209.66 ▼ 3.39% TRX 0.33 ▼ 0.70% XLM 0.17 ▲ 0.15% HBAR 0.07 ▲ 0.32% NEAR 1.66 ▼ 1.09% ATOM 1.22 ▼ 4.42% AAVE 93.46 ▼ 6.02% SELIC 14.25% EMBRAER 86.89 ▲ 0.87% EMBRAER ADR 68.33 ▲ 0.32% JBS 14.02 ▼ 1.89% JBS BDR 70.70 ▼ 2.01% MBRF3 17.54 ▼ 2.34% MBRFY 3.39 ▼ 2.31% INTER 5.60 ▼ 0.71%
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Friday, July 31, 2026

Brazil Ranked Second Most Vulnerable to Cyberattacks in 2023 Due to 6 Threats

By · July 30, 2024 · 5 min read

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(Sponsored) According to numerous reports, the United States is the only country in the world that blocked more threats than Brazil in the previous year.

Now, keep in mind that while this number can be made to sound good (these attempts were blocked, right), in reality, it’s never so ideal.

The only reason why there are more blocked attacks is because there were more attacks to begin with.

This is a horrifying statistic and user protection in 2024 needs to rise up to the severity of this threat.

By studying the problems that caused this highly unfavorable stat from last year, we can, hopefully, do better in 2024.

With that in mind and without further ado, here are the top six threats that made Brazil the second country in the world most vulnerable to cyberattacks in 2023.

Brazil Ranked Second Most Vulnerable to Cyberattacks in 2023 Due to 6 Threats. (Photo Unsplash)
Brazil Ranked Second Most Vulnerable to Cyberattacks in 2023 Due to 6 Threats. (Photo Unsplash)
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1. Lack of overall awareness

The majority of people are completely oblivious to all forms of cybersecurity threats that exist on the internet.

Sure, they know about viruses and that they should install an antivirus; perhaps even they should avoid suspicious sites; however, this is just the tip of the iceberg.

A surprisingly high number of internet users in Brazil don’t know the first thing about phishing.

Some know that they shouldn’t click on suspicious links, but the majority fear only that they’ll download malicious software (that their antivirus would protect them from, anyway). They don’t know about fake sites and how they can be as dangerous as keyloggers.

Viruses and phishing are two huge threats, but they’re also the two most talked-about threats.

This means that if they have heard of any threats, this is what they’ve heard of. What about spy apps?

A lack of awareness in this field is especially concerning, especially in 2024, with tracking becoming popular at an alarming rate.

According to Ilijia Miljkovac, tech writer at Techopedia, most of these apps are installed by concerned parents and partners; however, the list of potential uses can go even beyond that. This is a major concern.

2. So many Brazilians are online

The majority of the population uses the internet on a daily basis, and roughly 80% of them have access to social media.

Now, keep in mind that globally, the percentage is around 61%. Moreover, roughly 92% of Brazilians are using messaging services.

All that this means is that there are more people who are potential threats and targets. With more potential threats, a region becomes a more lucrative ground for hackers and malicious online parties.

Now, combine this with the general lack of awareness, and what you get is the perfect storm of conditions for the statistics we’ve mentioned in the introduction.

There’s even a problem caused by the fallacy known as safety in numbers. More and more people are using it, especially people from their immediate surroundings (friends, family members, neighbors, coworkers, etc.), and they are getting WOM recommendations on platforms.

WOM recommendations they always trust… regardless of the fact that the people who are making these recommendations are not experts.

3. Inadequate software protection

Another huge problem is that Brazilians are not using adequate software protection for their devices.

First of all, a lot of them use antivirus software, but even then, they make many mistakes. First, they pause antivirus as soon as it doesn’t let them download something they want (rendering it effectively useless).

Second, they assume that the free version of the software is the same as a premium one (we’ll talk more about this a bit later).

Ultimately, they assume that antivirus is just for the PC and don’t have it installed on the rest of their devices.

Anti-malware can be a standalone software or an antivirus feature. It’s safer to check this before making any assumptions.

They also don’t use VPNs as much as they should. A VPN is not just a tool that can protect your IP address. It’s also a software that offers you a bit of extra encryption.

4. Piracy engrained in culture

On average, Brazilians are really unwilling to pay for the software they use. This is why, on average, they’re more likely to engage in piracy.

Now, while piracy is hated by IP holders for their financial loss, when it comes to cybersecurity, it’s worth pointing out that the control of pirated files is not that great.

The best you can do is read the comment section and ratings on the pirating site you’re downloading from, but this can even be rigged.

Just think about it; this is not legal. As such, no regulatory oversight is made to keep the users secure.

Whenever pirating and downloading something from a suspicious site, you’re exposing yourself to a considerable risk.

These sites are also filled with cookies, and by agreeing that you can use them, you’re giving out your personal information to a potentially malicious, unknown party.

Even when not pirating, Brazilians prefer free software to premium versions. Needless to say, these always offer sub-optimal protection.

5. Brazil is always an early adopter

While this sounds like a great thing, it also has a negative connotation to it. Namely, being an early adopter means using a product before it’s polished.

It means using it before millions and millions have tried it out, used it, and reported countless bugs.

On average, Brazilians are massive early adopters of new technologies. Whenever there’s a new platform or a new tool, Brazilians are more likely just to start using it before the rest of the world.

Even when globally available, Brazilians are more likely to start using it in larger numbers, which further feeds into that unfortunate statistic. This is one of the things that made Brazil the main target of digital attacks in Latin America.

While this helps make the internet safer as a whole (someone has to start using it in order to discover all the bugs), it’s usually the early adopters who get the worst outcomes.

Therefore, while they’re providing great service to the internet, the statistics are going to keep punishing them, as well as their home region.

6. Dangers in various fields of industry

It’s not just individual users who are in danger; sometimes, even whole industries can be atthreat.

This is a huge problem in the Brazilian economy, and the response from these companies is, sadly, still lacking.

The most frequent attacks happen with wireless telecom carriers, general cargo transportation, and data processing. Other telecom services, as well as insurance agencies and brokerages, are closely followed.

Surprisingly enough, religious organizations and even clinics are often under attack by these parties, as well.

Overall, these fields can only be made secure through a more systematic approach, which means better regulation and more effective policies. This is the only thing that will yield positive outcomes.

No progress can be made before these six issues are resolved

So, the solution is easy to comprehend but hard to implement. First, you have to raise awareness among Brazilians.

When they understand the threats, they’ll have an easy time getting informed on the solution for each of these problems.

The rest comes down to cultural aspects of internet use in Brazil, which might be slightly more difficult to rectify.

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