Cybersecurity Statistics in Panama (2026)

Panama continues to increase its cybersecurity investments, with a budget of approximately $120 million USD in 2026, reflecting rising digital threats. The allocation of 15% of its IT budget demonstrates a strategic focus on protecting critical infrastructure and financial systems. Despite these efforts, the country faces around 45 data breaches annually, highlighting ongoing vulnerabilities. The growing workforce of 2,500 cybersecurity experts indicates efforts to strengthen national cyber defenses.

The rise in phishing attacks, totaling around 1,200 cases this year, underscores the need for improved public awareness and security protocols. Panama's expanding digital economy and increased internet penetration make it a prime target for cybercriminals, prompting government and private sector collaboration to enhance resilience. Continuous investment and workforce development are key to mitigating future cyber threats and securing Panama's digital growth.