Employee gets $920 for credentials used in $140 million bank heist

Employee gets 0 for credentials used in 0 million bank heist

Keypoints

  • Hackers bribed a C&M employee to access sensitive banking systems.
  • The employee sold his credentials for approximately $920 and was later arrested.
  • The attackers used social engineering tactics, including manipulation over collaboration platforms.
  • Stolen funds, estimated at $30-40 million, were converted into cryptocurrencies like BTC, ETH, and USDT.
  • Brazilian authorities are investigating, with efforts underway to freeze the illicit cryptocurrency transactions.

Read More: https://www.bleepingcomputer.com/news/security/employee-gets-920-for-credentials-used-in-140-million-bank-heist/