Brazilian Bank Heist: Inside Job Snares $140 Million in Hacker Havoc!
Insider threat alert! Hackers swiped nearly $140 million from six Brazilian banks after bribing a C&M employee with the precision of a master pickpocket. Armed with João’s credentials, they turned a bar exit into a gateway for cybercrime. As always, ZachXBT is on the case, keeping an eye on the crypto loot!
Hot Take:
When an employee’s side hustle includes selling your bank’s secrets for pocket change, it’s safe to say you’re having a bad day. This caper in Brazil isn’t a plot from a telenovela, but it has all the drama: bribery, insider betrayal, and crooks running off with a cool $140 million. Brazil’s banks might want to invest in some trust-building workshops or at least a sturdier back door.
Key Points:
- An employee at C&M sold his credentials to hackers, leading to a $140 million theft from six Brazilian banks.
- The employee, João Nazareno Roque, was bribed with a total of around $2,770 to aid the hackers.
- The attack involved sophisticated social engineering tactics, not a breach of C&M’s security systems.
- Part of the stolen funds ($30-40 million) has already been converted into cryptocurrencies.
- Brazilian authorities have launched three investigations, but details about the hackers remain scarce.
Already a member? Log in here