LATAM Threat Landscape Report 2026

Key Insights from LATAM’s Cyber Threat Landscape

• Data Monetization Drives the Dark Web Economy: Data and database leaks account for 72.61% of dark web activity, confirming that bulk data exposure remains the primary underground commodity.
• Selling Dominates Threat Categories: 62.37% of activity involves selling compromised data or access, reinforcing the supply-side structure of the ecosystem.
• Government Entities Are the Most Exposed Sector: Public Administration leads with 19.54%, showing strong targeting of public records and identity data.
• Brazil Is the Regional Hotspot: Brazil accounts for 46.94% of ransomware attacks and leads overall targeting activity in the region.
• Ransomware Activity Is Broadly Distributed: While Qilin leads with 12.4%, 75.9% of attacks are spread across numerous smaller groups, increasing unpredictability.
• Telecommunications and Finance Lead Phishing Exposure: Telecommunications represents 20.37% of phishing attacks, with Finance and Banking together nearing 20%.
• Panama Dominates Phishing Activity: 45.73% of phishing campaigns are linked to Panama, indicating strong targeting or infrastructure concentration.
• HTTPS Strengthens Phishing Credibility: 73.4% of phishing pages use HTTPS, leveraging trusted security indicators to improve success rates.

Why This Report Matters

LATAM’s cyber threat landscape reflects a mature underground market built around data monetization, ransomware extortion, and large-scale phishing campaigns. With concentrated targeting in Brazil and heavy phishing activity linked to Panama, organizations must adopt intelligence-led monitoring and proactive risk mitigation strategies to reduce exposure and maintain resilience across the region.

Take Action Now

• Dark Web Monitoring: Detect leaked data, access listings, and early exposure signals across LATAM.
• Ransomware Intelligence: Track active groups targeting regional industries and strengthen response readiness.
• Phishing Detection & Response: Identify infrastructure abusing trusted HTTPS domains and protect user credentials.
• Attack Surface Visibility: Monitor external assets continuously to reduce exploitable exposure points.