Risky Bulletin Newsletter
January 31, 2024
Risky Biz News: Brazilian police arrest Grandoreiro malware gang
Presented by
![Catalin Cimpanu](/static/img/catalin-cimpanu.jpg)
News Editor
Brazil's Federal Police has detained five members of Grandoreiro, a malware gang specialized in stealing funds from banking customers with a custom-built banking trojan.
The group has been active since 2019 and is believed to have stolen at least $3.9 million from customers at banks in Brazil, Mexico, and Spain.
Brazilian officials say Spanish financial institution CaixaBank identified the Grandoreiro members and worked with Interpol and Spanish police to get them detained.