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Medium

Panama Ministry of Economy & Finance Hit by INC Ransomware Gang

The INC ransomware gang listed Panama's Ministry of Economy & Finance (MEF) as a victim, claiming to have stolen 1.5 TB of data, including emails, financial documents, and budgets.

Key points

  • Panama Ministry of Economy & Finance (MEF) targeted by INC ransomware gang.
  • INC claimed 1.5 TB of data stolen, including emails, financial documents, and budgets.
  • Ministry acknowledged malware incident on one workstation.

Connected intelligence

Signal brief

Follow the organization, likely method and potential impact to explore connected Shadow Tier intelligence.

02

Likely method

Ransomware

Threat source not confirmed

03

Potential impact

Potential operational disruption

Availability

Published
Sep 16, 2025
Updated
Jun 25, 2026
Confidence
Medium
Evidence
2 sources

Structured assessment

Signal analysis

This analysis groups the signal by industry, likely incident action and impacted security area. It helps compare this signal with other published signals without treating the labels as final determinations.

Threat source

Threat source not confirmed

Watch ransomware, endpoint compromise and business interruption exposure.

Business impact

Potential operational disruption
Impact area
Availability

Mentioned entities

MefPanama Ministry of EconomyFinance HitINC Ransomware Gang The INCPanamaMinistry of EconomyFinanceMEFThe INCOfficials

Quick context

Questions about this signal

What happened in this signal?

The INC ransomware gang listed Panama's Ministry of Economy & Finance (MEF) as a victim, claiming to have stolen 1.5 TB of data, including emails, financial documents, and budgets. The ministry acknowledged a malware incident on one workstation but stated that core systems and data remained safe. The INC group leaked internal documents on its dark web site as proof of the breach. Officials have contained the intrusion and are investigating.

When was this signal reported?

Shadow Tier lists Sep 16, 2025 as the signal date.

Which organization is connected to this signal?

Mef is the organization connected to this public signal.

Explore Mef
Which attack pattern is relevant?

This signal is connected to current ransomware incidents based on its reported incident context.

Explore current ransomware incidents