TL;DR

An IT employee in Brazil was arrested for his involvement in a massive cyber heist that stole over $100 million via the PIX instant payment system. The breach, facilitated through social engineering, highlights the critical need for robust cybersecurity measures in financial systems.

title: IT Worker Arrested for Role in $100M PIX Cyber Heist description: Brazilian authorities have arrested an IT employee for his alleged involvement in a massive cyber heist that stole over $100 million via the PIX instant payment system. The breach highlights the critical need for robust cybersecurity measures in financial systems. author: Vitus date: 2025-07-08 tags: [cybersecurity, data breaches, insider threats] categories: [Cybersecurity & Data Protection, Insider Threats]