Rust-Based VENON Malware Targets 33 Brazilian Banks with Credential-Stealing Overlays
Mar 12, 2026
Malware / Cybercrime
Cybersecurity researchers have disclosed details of a new banking malware targeting Brazilian users that's written in Rust, marking a significant departure from other known Delphi-based malware families associated with the Latin American cybercrime ecosystem. The malware, which is designed to infect Windows systems and was first discovered last month, has been codenamed VENON by Brazilian cybersecurity company ZenoX. What makes VENON notable is that it shares behaviors that are consistent with established banking trojans targeting the region, such as Grandoreiro, Mekotio, and Coyote, specifically when it comes to features like banking overlay logic, active window monitoring, and a shortcut (LNK) hijacking mechanism. The malware has not been attributed to any previously documented group or campaign. However, an earlier version of the artifact, dating back to January 2026, has been found to expose full paths from the malware author's development environment. The paths repea...
