Hackers breach fintech firm in attempted $130M bank heist

Hackers breach fintech firm in attempted 0M bank heist

Hackers targeted Evertec’s Brazilian subsidiary Sinqia in a cybersecurity incident involving the real-time payment system Pix, attempting to steal $130 million. The breach was caused by stolen credentials and prompted a halt in transaction processing, with efforts ongoing to recover funds. #Evertec #Sinqia #Pix #BrazilianCentralBank

Keypoints

  • Hackers gained unauthorized access to Sinqia’s environment on the Pix payment system.
  • The incident involved stolen credentials used through an IT vendor’s account.
  • Sinqia halted Pix transactions and engaged cybersecurity experts for investigation.
  • Part of the attempted $130 million theft has been recovered so far.
  • The breach affected Sinqia’s operations supporting 24 financial institutions in Brazil.

Read More: https://www.bleepingcomputer.com/news/security/hackers-breach-fintech-firm-in-attempted-130m-bank-heist/