At the end of 2017, a group of researchers from ESET’s Prague malware lab decided to take a deeper look at the infamous Delphi-written banking trojans that are known to target Brazil. We extended our focus to other parts of Latin America (such as Mexico and Chile) soon after as we noticed many of these banking trojans target those countries as well. Our main goal was to discover whether there is a way to classify these banking trojans and to learn more about their behavior in general.