Mekotio Banking Trojan Threatens Financial Systems in Latin America


The Mekotio banking trojan is a sophisticated piece of malware that has been active since at least 2015, primarily targeting Latin American countries with the goal of stealing sensitive information — particularly banking credentials — from its targets.

Originating in the Latin American region, it has been particularly prolific in Brazil, Chile, Mexico, Spain, and Peru. Furthermore, Mekotio seems to share a common origin with other notable Latin American banking malware such as Grandoreiro, which was disrupted by law enforcement earlier this year. Mekotio is often delivered through phishing emails, employing social engineering to trick users into interacting with malicious links or attachments. Trend Micro recently seen a surge in attacks involving Mekotio among their customers.

Read more…
Source: Trend Micro


Sign up for our Newsletter


Related:

  • From Ransomware to Pig Butchering, Visa Report Shows Top Scams Impacting Consumers and Businesses Globally

    March 20, 2024

    Today, Visa released the Spring 2024 Edition of its Biannual Threats Report, which outlines the top payment threats impacting consumers and businesses around the world. The report points to increasingly organized, sophisticated threat actors targeting the most vulnerable point in the payments’ ecosystem: humans. Read more… Source: Yahoo News  

  • ‘Glitch’ at Ethiopia’s biggest bank sees customers withdraw millions that isn’t theirs

    March 19, 2024

    Ethiopia’s largest bank is struggling to recoup millions of dollars after a glitch over the weekend allowed customers to withdraw unlimited funds, according to local media reports. More than $40 million was reportedly withdrawn from the state-owned Commercial Bank of Ethiopia or transferred to other banks, as customers discovered they could withdraw more than their total ...

  • Experian Is Trying To Force WhatsApp To Hand Over User Data In An ‘Odd’ Court Battle

    March 19, 2024

    Experian, the $40 billion credit monitoring company, has asked a U.S. judge to force WhatsApp to provide users’ call and message records to aid it in fighting separate lawsuits, according to court records obtained by Forbes. In February, Experian sent two subpoenas to WhatsApp, asking for information that included all phone numbers and call and message ...

  • Cybercrime Atlas: International effort to disrupt cybercrime moves into operational phase

    March 14, 2024

    The Cybercrime Atlas, a massive undertaking that aims to disrupt cybercriminals across the globe, enters its operational phase in 2024, two years after organizers laid the groundwork at the RSA Conference.… Its members now include 20-plus law enforcement agencies, private-sector security companies and incident responders, financial institutions, NGOs, and academics. Over the past year, the investigations ...

  • FBI Report Reveals Americans Lost Staggering $3.94 Billion to Crypto Investment Scams in 2023

    March 9, 2024

    The surge in cryptocurrency scams in 2023, as reported by the FBI, underscores the growing prevalence of digital currency in online crime. With losses reaching $3.94 billion, a 53% increase from the previous year, these scams represent a significant portion of overall investment frauds, which amounted to $4.57 billion. Cryptocurrency scams encompass a range of deceptive ...

  • Jersey data breach leaks personal information

    March 7, 2024

    A data breach at Jersey’s Financial Services Commission has allowed access to non-public names and addresses. The organisation confirmed a “vulnerability” was detected in its Registry system on 23 January. It said the leak did not link any individuals to registered entities or roles held and that it had separately written to those whose names and addresses ...