Keypoints
- The attack involved a breach through social engineering targeting C&M’s security credentials.
- Over $100 million was stolen from a single financial institution using fake PIX operations.
- João Roque, a C&M employee, was arrested for facilitating unauthorized access and selling credentials.
- Authorities have blocked 270 million reais related to the scheme and are tracking assets.
- C&M suspended parts of its operations and is cooperating with investigations to prevent further attacks.
Read More: https://www.securityweek.com/police-in-brazil-arrest-a-suspect-over-100m-banking-hack/