The 2025 Latin America Threat Landscape Report highlights increasing cyber risks across Central and South America, Mexico, and the Caribbean, driven by eCrime, state-nexus actors, and hacktivism. Governments are strengthening cyber laws, building national agencies, and collaborating internationally, though countries like Venezuela and Cuba stand out for using cyber measures to suppress dissent. Regional eCrime groups such as BLIND SPIDER, ODYSSEY SPIDER, and SAMBA SPIDER exploit phishing, RATs, and banking trojans, while ransomware incidents surged by 15% in 2024, heavily impacting Brazil and Mexico. State-nexus adversaries from China, DPRK, and Russia maintain selective campaigns tied to geopolitical goals. Recommendations stress phishing-resistant MFA, XDR and SIEM adoption, cloud-native

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