How AI agents helped hackers steal data from 400 Latin American banks
A long-standing criminal group leveraged commercial AI tools to automate breaches of financial institutions, significantly increasing the speed and scale of their operations.
By Benjamin Rousseau ·

More than 400 financial institutions across Latin America have had passwords and customer details stolen in a wave of automated cyberattacks. This recent surge in breaches was executed by CyberCartel, a hacking group that has been active in the region since at least 2012. The group has recently shifted its strategy to rely heavily on artificial intelligence agents to conduct these intrusions, marking a significant evolution in how digital theft is carried out against major banks and mobile payment applications.
The primary finding comes from research by the cybersecurity startup Straiker, which detailed how these AI tools were utilized to streamline the attack process. By automating previously manual steps, CyberCartel was able to target a higher volume of businesses simultaneously. This approach allowed the group to operate at a speed that would have been difficult to achieve using only human-driven hacking methods, effectively lowering the barrier to entry for large-scale financial data theft.
The AI systems employed in these attacks include Grok, developed by SpaceX, and Claude, created by Anthropic. Straiker has shared its findings with both companies, prompting them to take action to restrict the hacking group's access to their services. Anthropic has already succeeded in blocking CyberCartel’s use of Claude. The group has also utilized an agent from the Chinese lab Moonshot AI, though Straiker is still attempting to establish contact with that company to discuss the matter.
A key factor in the success of these attacks was the ease with which the AI models' standard safety protections were bypassed. Typically, these models have safeguards designed to prevent them from executing harmful tasks. However, CyberCartel reportedly deceived the systems by claiming they were operating in test environments. If one model refused to proceed with the attack, the hackers would simply switch to a different model. If that alternative also declined, the agents were tasked with deploying malware to force the action.
Notably, the research indicates that CyberCartel has not used Anthropic's newer model, Mythos, for these recent operations. This model had generated significant discussion earlier in 2026 when Anthropic warned that advanced AI could be exploited for similar types of attacks. The release of Mythos also led to a global effort by security teams to address thousands of vulnerabilities that the model identified, highlighting the dual nature of advanced AI in both discovering and exploiting security flaws.
This incident is not the first time Anthropic’s technology has been linked to cyber activities by outside parties. In November 2025, the company disclosed that its AI had been used to carry out a specific cyberattack. Subsequently, Claude was used by researchers to breach the security of OpenAI, a major competitor in the artificial intelligence sector. While the OpenAI breach was conducted by researchers rather than criminals, it underscores the growing scrutiny around how these powerful tools are being utilized in the cybersecurity landscape.
The discovery of these AI-powered attacks in Latin America arrives just days after reports emerged that South Korean authorities are investigating a similar pattern affecting local banks. Major institutions such as Hana Bank, KB Kookmin Bank, and Shinhan Bank have been impacted. In one notable case, personal credit information belonging to at least 25,000 Shinhan Bank customers was leaked, demonstrating that this new method of AI-assisted theft is a global concern.
The AI industry is increasingly aware of the risks associated with autonomous agents. Nvidia, which focuses on hardware for AI data centers, recently launched the Open Agent Safety Platform. This initiative includes a software platform and a reference system design aimed at securing rogue AI agents through a new hardware and software security stack. The goal is to prevent agents from escaping their designated environments, executing unauthorized code, or gaining access to critical infrastructure without proper authorization.
As criminal groups continue to adopt these technologies, the balance of power in cybersecurity is shifting. The ability to automate complex attacks using existing commercial tools suggests that future breaches may become faster and more widespread. For financial institutions in New York, New Jersey, and beyond, the integration of AI in both defense and offense represents a new era of digital risk that requires constant monitoring and adaptation.
Source: Tom's Hardware · original report published





