Chile could lose at least US$58mn in December alone due to software piracy, local press reported, citing estimates by the Business Software Alliance (BSA).
According to the BSA, pirated software purchases peak during the Christmas month, as they are seen as saving costs.
"Technological risks associated with pirated software use are very high, and it's important that people are aware of that. On the other hand, the benefits of buying and using legal programs are always greater," BSA's representative in Chile, Rodrigo Bulnes, was quoted as saying.
According to IDC figures, software piracy in Chile reached 62% in 2010, equivalent to US$349mn in losses. This places Chile among the 30 countries with the highest losses due to software piracy.