Latin America, according to a report from Kaspersky Lab, sees an average of 3.7 million malware attacks a day and about 1 billion occurrences a year.
The figures mean an increase of 14.5% in malware attacks in the region between November 2017 and November 2018, according to the research.
The Latin countries most targeted are Argentina, where malware attacks increased by 62 percent, followed by Peru with 39 percent and Mexico with 35 percent.
According to the security firm, phishing attacks are also on the rise in the region, with 192,000 attacks a day, up 115 percent from the period between November 2016 and the same month in 2017.
Of the most phishing-attacked countries in Latin America, Mexico ranks first with a 120 percent increase, followed by Colombia with 118 percent and Brazil with a 110 percent increase in this type of security.
Last week, over 2,000 mobile banking users in Brazil unwittingly downloaded Android – based malware that controlled devices and stored their confidential information.
In addition to banks like Bradesco, the second largest institution in Brazil, malware based on Android is also used for phishing attacks in other applications, including Uber, Netflix and Twitter.