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Venezuelan Cartel's Malware Honcho Nabbed for ATM Jackpotting

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Venezuelan Cartel's Malware Honcho Nabbed for ATM Jackpotting

A cybercriminal linked to Venezuela's Tren de Aragua cartel has been arrested; he is believed to be the first malware developer added to the FBI's 10 Most Wanted Fugitives list. The individual allegedly supplied ATM jackpotting malware that generated revenue for the cartel's operations.

Why it matters: Financial institutions and card processors must assess exposure to ATM malware deployed by organized crime groups with alleged FBI priority status, and review controls against skimming and logical attacks on cash dispensers.

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