Uruguay's cloud security spending has risen substantially by 2026, reaching USD 150 million, reflecting increased digital transformation and cloud adoption across sectors. The investment aims to strengthen cybersecurity defenses amid rising threats, especially in finance and healthcare. Despite the growth, the country faces challenges in talent acquisition, with a workforce of approximately 2,100 cybersecurity specialists.
The number of reported cybersecurity incidents has increased to 3,200, highlighting the need for enhanced security measures. The average cost per data breach is around USD 220,000, emphasizing the financial impact of cyber threats. A significant 35% of the overall IT security budget is dedicated to cloud security, signaling Uruguay's focus on protecting cloud infrastructure amid expanding digital services.