
ZachXBT has been tracking a significant hacking incident that occurred at a Brazilian financial institution, resulting in the theft of approximately $140 million. The hack is believed to have affected six banks and involved the exploitation of reserve accounts.
According to ZachXBT’s investigation, the breach was executed by attackers who gained access to the system after an insider sold access credentials for a mere $3,000. This highlights the severity of the security issues in the financial sector.
Source: cryptoslate.com