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Hackers Grab $130M Using Brazil’s Real-Time Payment System
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Hackers Grab $130M Using Brazil’s Real-Time Payment System

HSBC and Another Firm Hit After Service Provider Breached; Some Funds Recovered. Attackers on Friday used valid credentials for financial technology provider Sinqia to steal $130 million from two financial services firms in Brazil, using the country’s real-time payment system Pix. The Brazilian Central Bank moved quickly to freeze the funds and has recovered some of the money.

First seen on govinfosecurity.com

Jump to article: www.govinfosecurity.com/hackers-grab-130m-using-brazils-real-time-payment-system-a-29352

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