Brazil was also the third country that received the most foreign direct investment in 2022.
According to the Confidence Index for Foreign Direct Investment, from international consultancy Kearney, Brazil ranks seventh among the emerging countries most sought after by foreign investors. The study analyzed the performance of 25 nations, and Brazil was ranked below China, India, United Arab Emirates, Qatar, Thailand, and Saudi Arabia.
This is the first time in 25 years that Kearney has gathered data on investor interest in emerging markets.
According to information from the Central Bank (BC), foreign investment in Brazil reached the mark of US$ 90 billion in 2022. This amount represents a net inflow of contributions to the productive sector that is double that recorded in the previous year and the best performance of the national market since 2012 when the country received US$ 92 billion.
According to the OECD, Brazil ranked third among the main destinations for foreign direct investment in 2022.
A report from the Organization for Cooperation and Development (OECD) shows that foreign direct investment (FDI) in Brazil increased by an impressive 68% in 2022, reaching US$ 85 billion. This amount placed Brazil as the third largest global destination for FDI, behind only the United States (with $318 billion) and China (with $180 billion).
The OECD attributes this movement to increased reinvestment of corporate profits as well as moves in companies’ internal debts.
Brazil is a country rich in natural resources, including water, energy, and fertile agricultural land. This abundance of resources can be considered a competitive advantage in a world where resource scarcity is a growing concern.
Some tools and software store the data encrypted, so that the data is only accessible by using the software itself and a password.
It is also important that the company adopts a disk encryption solution on its devices, especially portable ones, as a way to prevent improper access to the data in case the devices are lost or stolen.
4) Have a plan in case of a data breach
No company would like to go through this, but it is recommended to have a security incident procedure so that you know exactly what to do in case of a data breach. This procedure must also include templates for immediate notification of your customers, suppliers, and authorities.
In addition to these tips, it is essential to comply with the guidelines of the GDPR, which was created to establish a strict framework for the treatment of personal data and sensitive personal data throughout the national territory.
Here at Pryor Global, our DPO outsourcing sector has a highly specialized team in digital security, which helps companies to be in compliance with GDPR.
Contact us and learn more about our services.