Sold for Scraps: How a $2,700 Sellout Caused Over $100 Million in Damages

On this week’s episode of “What Could Possibly Go Wrong?”, an IT worker has been nabbed in connection with a $100 million cyber theft. The crazy part? He allegedly sold his login credentials to hackers for a mere $2,700. Brazilian police have arrested an IT employee for facilitating a theft exceeding $100 million from the nation’s instant payment system, PIX. The incident, which saw funds siphoned from at least six financial institutions, reinforces the critical vulnerabilities introduced by human error source: https://medium.com/pivx/sold-for-scraps-how-a-2-700-sellout-caused-over-100-million-in-damages-89261fa9691a?source=rss----430d9242e45e---4