“One of the largest cyberattacks on Brazil’s financial system was linked to C&M backing engineer, who sold their access to hackers for $ 2800. About it reports the local edition G1. C&M is an intermediary between the smaller banks and the Brazil Central Bank, including PIX. Due to access to these systems, hackers were able to conduct at least 43 counterfeit transactions. Reported six victims […]”, – WRITE: Businessua.com.ua
One of the largest cyberattacks on Brazil’s financial system was linked to C&M backing engineer, who sold their access to hackers for $ 2800. About it reports the local edition G1.
C&M is an intermediary between the smaller banks and the Brazil Central Bank, including PIX. Due to access to these systems, hackers were able to conduct at least 43 counterfeit transactions.
Six injured institutions are reported, the losses are estimated at least $ 98 million.
The suspect-48-year-old Joau Nazaren Roke-began his career as an electrician, and later went to IT. He settled a back-developer for C&M, where he received technical access to systems.
According to police, Roke sold their account in the company’s internal system for 5000 realities, and later for 10,000 realities helped hackers create a mechanism for processing fictitious transfers. He received about $ 2,800.
Roke confessed that he communicated with the participants of the scheme only through temporary phones that changed every 15 days. The contact allegedly occurred after a casual meeting near the bar.
According to Zachxbt cryptodetective, the attackers converted some of the stolen money in BTC, ETH and USDT through local cryptocurrencies and OTC. The expert is estimated that about $ 30-40 million is already in cryptoactiva.
We will remind, according to TRM Labs, in the first six months of 2025 the cryptoric suffered losses of $ 2.1 billion due to hacker attacks.
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