Incident analysis
Electricidad Panamericana was listed by Direwolf ransomware, a group with 148 victims recorded in this database. The listing appeared on the group's leak site on November 26, 2025.
Electricidad Panamericana is based in Argentina and operates in the Energy sector. Argentina ranks #14 worldwide for ransomware disclosures, with 207 victims in this database.
Sector context. Energy sector attacks can have critical infrastructure implications. Ransomware on operational technology (OT) networks can disrupt power generation and distribution, elevating the urgency of recovery.
Direwolf typically follows a double extortion model: data is exfiltrated from the victim's systems before files are encrypted, so the victim faces two demands at once — pay to restore access, and pay to keep stolen data unpublished. The leak site, where this listing appeared, is the lever for the second demand.