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Bank Info Security 10 months, 2 weeks ago

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

HSBC and Another Firm Hit After Service Provider Breached; Some Funds RecoveredAttackers 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.

More from Bank Info Security 4 Sep 2025, 1:30 a.m. Banking Brazil Breach Credentials Finance Service Provider Theft