LATIN AMERICA
Latin America includes the economies of Brazil, Argentina, Chile, Panama, and Venezuela. The largest economies in the region, namely Chile, Brazil, Peru, and Columbia are planning to invest in a wide range of projects worth USD 130 billion. Eventually, the high growth of ICS devices will heighten internet threats, such as DDoS attacks, defaced web pages, remote access Trojans, and tool kits carried out for political and financial motives. Oil and gas companies, as well as the governments in the region,  have initiated measures to protect their facilities by implementing both physical and network security solutions. In Latin America, transportation and energy infrastructures are improving year-by-year due to increased spending by governments and private organizations. For example, in 2016, GE Power signed a Multi-year Agreement (MYA) with Centrais Elétricas de Sergipe S.A. (CELSE) for a new combined-cycle power plant in Northeastern Brazil. The agreement includes operations, maintenance, repairs, and digital solutions, as well as, GE’s first order of its OpShield cybersecurity solution in Latin America. Huge capital investments are expected across the region in critical infrastructures, such as pipelines and airports, thereby increasing their vulnerability to attacks.Furthermore, the lack of resources for building dedicated ICS security solutions and the shortage of professionals to handle technical policies are driving the need to raise awareness about cybersecurity in the region. Some prominent security vendors in the region are Tec10 Cyber Intelligence, Modulo Security Solutions, Redcoat Security, Tempest Security Intelligence, and Axur.