BitSight: Looking for the Worst Cybersecurity on Earth? Check Brazil.

June 2, 2016         By: Steven Anderson

It’s the kind of thing that should have a lot of people swallowing hard. A new report from BitSight—a security company operating out of Massachusetts—suggests there’s a new low point in cybersecurity when it comes to developed economies.

That low point is Brazil, and given what’s set to be arriving in the country this summer, it’s bad news on par with any disaster.

The BitSight report noted that Brazilian companies scored “significantly poorer” over a wide scale of different security metrics, particularly when compared to their equivalents in other major economies like the United States and China.

Some of the metrics involved included points like email security, file-sharing practices, and several others, with the analysis involved taking place over an entire year.

Several of the companies had higher susceptibility to malware infections, resulting in a greater potential for botnet incursion.

It got worse from there; almost half of Brazilian firms were engaging in peer-to-peer file sharing on corporate networks.

By way of comparison, 11.6 percent of German firms were doing likewise, though this could be accounted by fines levied against those businesses who engage in such actions.

This is a huge blow to a country that’s about to be hosting the Summer Games in a few weeks.

Considering how much Web traffic will be pumping out of this place when that time comes—streaming video, people checking email, people checking scores and so on—the news that Brazil has some of the worst cybersecurity among developed nations is about the last thing anyone wanted to hear.

People who will be coming here and would be using the Internet for various purposes—including mobile payments—may well be dissuaded from doing so in light of security that might be fitting for developing economies.

That could limit purchases, and in turn, hurt much of the positive reason for hosting the Olympics to begin with.

Security is a major concern for anyone putting mobile payments to work, and hearing about Brazil’s cybersecurity woes won’t be doing it any favors.

Hopefully it can turn things around and get the word out about that turnaround in short order, because it will need such a boost to get its favor back in the eyes of a world about to descend on it.