In a bold cyber heist on June 30, an estimated $140 million (R$800 million) was stolen from six Brazilian financial institutions’ reserve accounts through a sophisticated cyberattack targeting C&M ...

BRASILIA (Reuters) -Brazil's central bank said on Wednesday that technology services provider C&M Software, which serves financial institutions lacking connectivity infrastructure, had reported a ...

BRASILIA (Reuters) -Brazilian technology services provider C&M Software has resumed operations with clearance from the central bank, it said on Thursday, after reporting a cyberattack on its systems ...

Brazilian Orli Machado plans to hire about 230 people in the U.S. to expand his firm, which provides software to banks and credit unions offering the Federal Reserve’s new instant-payment system.

Hackers UPD stole over 1 billion reais ($180 million) from the national financial system after buying insider credentials from a C&M Software employee for just 15,000 reais. They exploited Brazil’s ...

The C&M Software breach in Brazil showed attackers don't need to target you directly; compromising a single supplier can provide access to multiple organizations simultaneously. Stolen maintenance ...

A group of hackers that gained unauthorized access to the Central Bank of Brazil's service provider has started laundering a portion of its $140 million haul using cryptocurrencies, according to ...