Equatorial Guinea has seen a rise in ransomware incidents, with 120 reported attacks in 2026, reflecting increased cyber threats. The average ransom paid has also grown to $15,000, indicating more targeted and costly attacks. The government has allocated $5.2 million towards cybersecurity, aiming to bolster defenses and response capabilities amidst rising threats.
Despite the surge in cyber threats, 45% of organizations now have cyber insurance, helping mitigate financial losses from ransomware attacks. The country’s cybersecurity industry is expanding, with 8 firms providing specialized services, signaling growing local expertise and investment in digital safety.