CEOs Alarmed as 73% Report Cyber Fraud Worries: Latin America Faces Major Risks

CEOs Alarmed as 73% Report Cyber Fraud Worries: Latin America Faces Major Risks

In 2026, 73% of CEOs reported being impacted by cyber fraud, with AI driving major shifts in cybersecurity priorities and revealing a 69% talent gap in Latin America.

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Cybersecurity has become a critical issue as we near 2026, impacting various sectors globally, including governments and businesses. The World Economic Forum's latest report reveals that corporate leaders are increasingly prioritizing cyber fraud, which now surpasses ransomware as their primary concern. This shift highlights how the landscape of cyber threats is continually evolving.

In Latin America, a significant gap in cybersecurity talent poses challenges for many companies, with 69% of CEOs in the region acknowledging this deficiency. The report notes that 73% of CEOs experienced the effects of cyber fraud in 2025, while 94% emphasized the influence of artificial intelligence in transforming cybersecurity strategies.

The rising assessment of AI tool security, which jumped from 37% in 2025 to 64% in 2026, indicates an urgent need for improved evaluation processes. Phishing and spoofing remain common attack methods, and ransomware incidents have surged by 9%, totaling 3,156 cases. Over the past five years, the FBI has recorded more than 4.2 million cyber incidents, resulting in losses exceeding $50.5 billion, underscoring the growing threat posed by these cybercriminal groups.

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