🏦 Hacking of the Central Bank of Brazil's provider: $140M stolen

A cyber attack on C&M Software, the provider that connects the Central Bank of Brazil with local banks, resulted in the theft of $140 million. Access was made possible by an employee who sold their credentials for $2,700.

📉 Details of the heist:

- Six financial institutions were affected.

- The hackers converted between $30M and $40M into $BTC , $ETH , and $USDT , laundering them via OTC exchanges.

- $55M has already been frozen and the internal collaborator arrested.

This attack exposes the fragility of centralized systems and the urgency to adopt technologies like ZK proofs and decentralized architectures to protect critical infrastructures.

⚠️ If your system relies on a single password… your security depends on a single betrayal.

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