Financially motivated cybercriminals have used banking trojans for years to steal sensitive financial information from victims. They are often created to gather credit card information and login credentials for various online banking and financial services websites so this data can be monetized by the attackers. Cisco Talos recently identified two ongoing malware distribution campaigns being used to infect victims with banking trojans, specifically financial institutions’ customers in Brazil. Additionally, during the analysis of these campaigns, Talos identified a dedicated spam botnet that is currently delivering malicious spam emails as part of the infection process.