IBM X-Force researchers discovered a new malware called Client Maximus that contains advanced code written specifically to attack banks in Brazil.
Although Brazilian malware tends to be unsophisticated, cybercrime continues to thrive due to the general population's lack of security awareness.
An old-school form of malware is taking off in Brazil, putting many of the country's Internet users at risk of serious financial fraud.
IBM Security Trusteer has discovered a tool called KL-Remote that is helping cybercriminals in Brazil commit online banking fraud with a "virtual mugging."
SVPENG may be the first of its kind: A PC-grade malware for mobile devices that is now targeting new regions with overlay attack and mobile ransomware.