Latam cyberattacks rise as Peru, Brazil hackers link up with Russians

Flip side: Cybercrime in Latin America is on the rise, say analysts.

SANTIAGO: Cyberattacks and cyberespionage are on the rise in Latin America, and the source of much of it is Brazilian hackers and Peruvian recent university graduates linking up with Russian-speaking experts, according to internet security analysts. 

The region has seen a massive rise in 'trojans' – disguised malicious software – especially in the financial sector, and other online threats, said Dmitry Bestuzhev, Latin American head of research for security firm Kaspersky Lab.