Cybercrime Landscape in Latin America and the Caribbean

This report provides a detailed analysis of the cybercrime landscape in Latin America and the Caribbean (LAC) for the year 2025. It outlines the primary communication platforms used by threat actors, notably DarkForums and Telegram, and emphasizes the financial motivations driving these cybercriminals. The report documents the increasing sophistication of cybercriminal operations, which often utilize traditional methods such as phishing, social engineering, and ransomware. Key findings indicate that Brazil, Mexico, and Argentina are the most targeted countries due to their economic significance. The report highlights the targeting of critical sectors, including healthcare and finance, which are particularly vulnerable due to outdated systems and high-value data. Additionally, it notes the prevalence of ransomware incidents and the use of banking trojans in smishing campaigns. The analysis also discusses the impact of socio-economic factors on cybercrime trends in the region, including rapid digital development and economic instability, which have created an environment conducive to cybercriminal activities.