Welcome to SOCRadar’s 2026 LATAM Threat Landscape Report!

Latin America’s digital transformation continues to accelerate across finance, telecommunications, government, and digital services. At the same time, threat actors increasingly view LATAM as both a high-value target and an operational hub. The region’s cyber threat landscape is dominated by large-scale data leaks, ransomware campaigns, credential harvesting, and access brokerage activities designed for rapid monetization rather than technical complexity.

Download the full report today to gain strategic visibility into the cyber risks shaping LATAM and strengthen your organization’s defensive posture.

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.