People sleep waiting in line outside a Caixa Economica Federal bank to receive urgent government benefit amidst the COVID-19 struggles in Belo Horizonte, Brazil. Beyond the pandemic, banks combat the Brazil-based Guildma cybercriminal gang that developed a new Android-based trojan that has now gone global. (Pedro Vilela/Getty Images)

Sensing an opportunity to prey upon financial institutions that aren't adequately prepared for their tactics, Brazilian cybercriminals are looking beyond their traditional Latin American stomping grounds to target Europe with banking trojans, perhaps with an eye on the U.S. for future attacks.

This burgeoning trend shows that no cyber threat stays localized forever, placing pressure upon security professionals to stay current on global threat intelligence and assume threats relegated to one corner of the globe will one day migrate.

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