Spanish law enforcement agencies on Wednesday arrested 16 individuals belonging to a criminal network in connection with operating two banking trojans as part of a social engineering campaign targeting financial institutions in Europe. The arrests were made in Ribeira (A Coruña), Madrid, Parla and Móstoles (Madrid), Seseña (Toledo), Villafranca de los barros (Badajoz), and Aranda de Duero (Burgos) following a year-long investigation, the Civil Guard said in a statement.

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