Fintech Giant Breached: How Hackers Nearly Stole $130M via Brazil's Pix Payment System
Hackers compromised Evertec subsidiary Sinqia using stolen IT vendor credentials, attempting $130M in fraudulent transfers through Brazil's critical Pix payment network. While partial funds were recovered, the attack exposes systemic third-party risks in financial infrastructure and has temporarily severed Sinqia's access to the central banking system.