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Mercenary Spyware and Exploit Brokers: A Critical Threat in Latin America's Cybersecurity Landscape

Mercenary spyware and exploit brokers pose a critical threat to Latin America's cybersecurity, with cybercriminals leveraging commercial offensive tools and surveillance-as-a-service to target individuals and organizations.

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18 March 2026Last updated 18 March 20265 min readRaptor Cyber Intelligence
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Executive Takeaway — TL;DR

Category:
Offensive Tools
Severity:
Critical
Actor Type:
Cybercriminal
Geography:
Latin America
Confidence:
Confirmed
Source:
Raptor Cyber Intelligence
Read Time:
5 min

Introduction

In early 2026, Latin America faces an escalating cybersecurity threat from mercenary spyware and exploit brokers. Cybercriminals are increasingly utilizing commercial offensive tools and surveillance-as-a-service to conduct sophisticated attacks, targeting individuals, organizations, and even governments across the region.

Mercenary Spyware and Exploit Brokers

Mercenary spyware refers to surveillance software developed and sold by private companies to government clients, often for intelligence and law enforcement purposes. Notable examples include NSO Group's Pegasus, Cytrox's Predator, and Candiru's DevilsTongue. These tools exploit zero-day vulnerabilities to gain unauthorized access to target devices, enabling remote control and data exfiltration.

Exploit brokers are intermediaries who discover, purchase, and sell zero-day vulnerabilities to the highest bidder, including government agencies and private entities. While some brokers operate transparently, others engage in clandestine activities, contributing to the proliferation of cyber weapons.

Commercial Offensive Tools and Red Team Frameworks

Commercial offensive tools are cybersecurity products designed to simulate cyberattacks, assess vulnerabilities, and enhance defensive measures. Red team frameworks, such as UDora, are utilized to test and improve the security posture of organizations by emulating adversarial tactics. However, these tools can be repurposed by cybercriminals to conduct unauthorized attacks, posing significant risks to targets in Latin America.

Surveillance-as-a-Service

Surveillance-as-a-service involves the outsourcing of surveillance operations to private companies that provide comprehensive monitoring solutions. This model allows clients to conduct large-scale surveillance without developing in-house capabilities. While intended for legitimate purposes, it has been exploited by cybercriminals to conduct unauthorized surveillance, leading to privacy violations and data breaches.

Impact on Latin America

The deployment of mercenary spyware and the activities of exploit brokers have had significant implications in Latin America:

  • Targeted Attacks: Journalists, activists, and political figures have been targeted by spyware, leading to breaches of privacy and freedom of expression.

  • Data Breaches: Unauthorized access to sensitive information has resulted in data leaks, affecting individuals and organizations.

  • Erosion of Trust: The use of surveillance tools by cybercriminals undermines public trust in digital platforms and institutions.

Conclusion

The critical threat posed by mercenary spyware and exploit brokers in Latin America necessitates a coordinated response. Governments, private sector entities, and international organizations must collaborate to enhance cybersecurity measures, regulate the sale and use of surveillance technologies, and protect the rights and privacy of individuals across the region.

(en.wikipedia.org)

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