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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: average joe who wrote (103111)	10/9/2013 4:30:19 AM
From: Snowshoe	Respond to of 217588

Easy pickings... Why Are Hackers Flooding Into Brazil? bloomberg.com By Jordan Robertson - Sep 13, 2013 2:04 AM GMT-0800 In recent years, Brazil has become a major source of malware that steals online banking passwords, a development that may surprise you given the attention paid to attacks originating in Eastern Europe and Asia. To understand why Brazil is a magnet for hackers, it helps to consider the country's long history in electronic banking, according to a report by Trend Micro, a Tokyo-based security firm. For decades, Brazil's banks have been on the forefront of online finance, pioneering electronic systems in the 1980s to help speed transaction times and stabilize a troubled economy, Trend Micro said. The country is now home to the world's second-largest ATM market, according to the report. It's also home to surging cybercrime. Brazil's large online population - 88.5 million people, or more than 40 percent of the population - makes for a big target. And $1.4 billion was lost in the country in 2012 to electronic fraud, according to the Brazilian Federation of Banks, which also said a wave of successful heists is likely to push the total higher this year.