Tag: Fintech

  • Fintech Firm Breach Leads to $130M Heist Attempt

    Fintech Firm Breach Leads to $130M Heist Attempt

    Hackers launched a $130 million heist attempt after breaching Sinqia, a Brazilian fintech owned by Evertec. The company processes payments through Pix, Brazil’s real-time payment platform. The attack disrupted operations and triggered emergency defenses. How Hackers Breached the System Attackers gained access using stolen credentials from a third-party IT vendor. Once inside, they infiltrated Sinqia’s…