5/7/2025, 12:00:07 pm

Brazil police arrest suspect in $100M banking hack

Brazilian police arrested a suspect linked to a cyberattack that diverted over $100 million from the PIX payment system. The breach targeted C&M, a software firm connecting banks to the Central Bank. The suspect, João Roque, allegedly sold his credentials to hackers. Authorities have blocked 270 million reais and are investigating further.