Panama Ministry of Economy discloses breach claimed by INC ransomware

What’s new: The Panama Ministry of Economy and Finance (MEF) has reported a potential cyberattack involving ransomware from the INC Ransom group. Although one workstation was compromised, MEF confirmed that core systems remain unaffected and operational. The INC Ransom group claims to have stolen over 1.5 TB of data, including sensitive documents, and has listed MEF as a victim on their data leak site.

Who’s affected

The Panama Ministry of Economy and Finance (MEF), which manages fiscal policy, public spending, and the Panama Canal revenues, is the primary entity affected by this breach.

What to do

  • Review and reinforce security protocols across all systems to prevent similar incidents.
  • Monitor for any suspicious activity or data leaks related to the MEF.
  • Ensure data backup and recovery plans are in place and tested.

Sources