This report highlights key cybersecurity developments in December 2024 across Latin America, including a sophisticated scam scheme uncovered by Group‑IB CERT that targeted insurance companies and payment systems in Colombia. Another major event was a malspam campaign spreading the Grandoreiro banking trojan across Spanish‑speaking countries such as Spain and Argentina. Globally, Group‑IB published in‑depth research on the Cicada3301 Ransomware‑as‑a‑Service group after gaining access to its affiliate panel, revealing its internal operations and providing insights to help organizations strengthen defenses against evolving cyber threats.

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