The manner in which nation states and regions address cybersecurity capacity is essential for effective, efficient, and sustainable cybersecurity. The 2016 Cybersecurity Report is the result of the collaboration between the Inter-American Development Bank (IDB), the Organization of American States (OAS), and the Global Cyber Security Capacity Centre (GCSCC) at the University of Oxford. The report presents a complete picture and update on the status of cybersecurity (risks, challenges, and opportunities) of Latin America and the Caribbean countries. The first section consists of a series of essays on cybersecurity trends in the region contributed by internationally recognized experts in the field. The second examines the "cyber maturity" of each country through the Cybersecurity Capability Maturity Model (CMM), which approaches cybersecurity considerations through five dimensions of capacity and evaluates them along five maturity stages for each of its 49 indicators. The CMM is the first of its kind in terms of the breadth and depth in each aspect of cybersecurity capacity. It is built on a foundation of multi-stakeholder consultation and respect for human rights, carefully balancing the need for security to enable economic growth and sustainability while respecting the right of freedom of expression and the right to privacy.