Grenada's cybersecurity landscape in 2026 shows a moderate increase in ransomware incidents, with 45 reported cases, reflecting growing awareness but ongoing vulnerabilities. The average ransom paid remains around $35,000 USD, indicating targeted attacks on businesses and government entities. Investments in cybersecurity have reached approximately $2.5 million USD, emphasizing the country's commitment to enhancing digital defenses and resilience against cyber threats.
The adoption of cyber insurance has risen to 60%, helping organizations mitigate financial losses from attacks. Detection times have improved to about 3 hours, showcasing advancements in threat detection capabilities. Continued efforts in cybersecurity training and infrastructure upgrades are essential to counter the evolving ransomware tactics and protect Grenada's digital economy.