Cybercrooks reportedly hang out in Latin America, Caribbean

Internet criminals have opened a new front in Latin America and the Caribbean and seem to have founded booming businesses thanks to low levels of cybercrime protection and awareness, a rare but timely analysis of the region by Trend Micro has found.

After gathering data from 20 out of 32 members of the Organization of American States (OAS) and its own honeypots, Trend concludes that cybercrime is on the rise, not a surprise perhaps given that this is a global phenomenon, but worth paying attention to for any firm doing business in these countries.

Overall, incidents increased in OAS countries by between 8 percent and 40 percent in every category of threat in 2011 and 2012, with hacktivism, attacks on online banks, and infrastructure probes particular standouts.

Preventative practices lacking

More interesting than the percentages alone, however, were the inferences Trend was able to make about underlying cybersecurity based on the types of attack that were reported.

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