In 2026, Guyana has experienced approximately 420 ransomware incidents, reflecting a rising trend in cyber threats within the country. The average ransom paid has increased to around USD 75,000, indicating escalating extortion demands. With a cybersecurity budget of about 1.2 billion Guyanese dollars, organizations are investing more in defenses, yet threats continue to evolve rapidly, challenging local institutions and businesses.
Despite the growth in cybersecurity spending, only 35% of organizations have cyber insurance, which leaves many vulnerable to financial losses. The detection rate of ransomware attacks has improved to 78%, thanks to enhanced monitoring and threat intelligence. Continued investment and awareness are essential for Guyana to bolster its defenses and reduce the impact of cybercrime in the coming years.