Hackers stole a whopping $140 million from Brazil’s central bank by targeting a third-party service provider, C&M. They pulled it off by purchasing an employee’s login credentials, gaining access to the system.

Editor’s Note: This isn’t just another cybercrime headline—it’s a stark reminder of how vulnerable financial systems can be when security hinges on human factors. A single compromised employee led to a massive heist, raising big questions about how banks and their vendors protect sensitive access. For everyday people, it’s a wake-up call: if a central bank’s partner can get hacked, so could your own bank or payroll provider. Expect tighter scrutiny on third-party security practices in the coming months.

Hackers stole roughly $140 million from reserve accounts tied to Brazil’s central bank after breaking into a São Paulo software company, C&M Software. The breach happened on June 30, and investigators say an employee sold his login credentials for just $2,770. Blockchain sleuth ZachXBT and local news outlets uncovered the theft, revealing how a single insider’s actions could expose critical financial systems.

Editor’s Note: This isn’t just another hack—it’s a stark reminder of how vulnerable even major financial institutions are when third-party vendors get compromised. The fact that an employee’s login was bought for peanuts highlights how human error (or greed) can open the door to massive fraud. For Brazil, it’s a blow to trust in financial safeguards; for everyone else, it’s a wake-up call about the weak links in global banking security.

Hackers set up a fake GitHub repository pretending to offer a Solana trading bot, but it was actually malware designed to steal users' crypto wallet credentials. Cybersecurity experts at SlowMist uncovered the scam, warning users to be cautious of seemingly legitimate tools on open-source platforms.

A group of hackers who stole a staggering $140 million from Brazilian banks are now using cryptocurrency to clean their dirty money. According to blockchain investigator ZachXBT, they’ve already funneled $30–40 million through crypto exchanges and over-the-counter (OTC) desks, likely trying to cover their tracks.

Editor’s Note: This isn’t just another hack—it’s a sign of how cybercriminals are evolving. Banks used to be the main target, but now crypto’s anonymity is making it the go-to tool for laundering stolen cash. If regulators don’t tighten oversight, these high-tech heists will only get harder to stop.