• Latin America experienced a 108% year-over-year increase in cyber attacks during Q1 2025. This amounts to an average of 2,640 weekly attacks per organization compared to 1,270 in 2024. This represents the highest regional growth across the globe. 
• The region’s unique threat environment encompasses financially-motivated cybercrime, nation-state espionage operations, and mobile malware campaigns targeting financial services.
• Regarding cybercriminal activity, the Golden Mexican Wolf ransomware group introduced physical penetration tactics against Mexican targets, SAMBA SPIDER continues to distribute modified versions of Mispadu malware across the region, and Greedy Sponge modified its toolset to bypass security controls in Mexico.
• Chinese APT groups including Earth Alux, Earth Lamia, and FamousSparrow expanded operations across Brazil, Argentina, and Mexico, while Russian threat actors conducted espionage against Ecuadorian military communications.

• Blind Eagle leveraged new infection chains to deliver malware to victims in Argentina and Colombia, and researchers discovered new elements of Lebanese cyberespionage actors targeting the region.

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