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<\/div>\nHackers on Friday broke into Sinqia, a financial technology provider owned by Evertec, attempting to steal around 420 million reais ($77.4 million) from several Brazilian financial institutions including HSBC Holdings Plc\u2019s local operations, O Globo reported.<\/a><\/p>\n Cyber criminals invaded Sinqia\u2019s systems used by Brazilian financial institutions and attempted to make several transfers through a fast-growing electronic payments system known as Pix. Sinqia confirmed the attack but said there was no evidence of suspicious activity in any system besides Pix.<\/p>\n Sinqia is working to rebuild the affected systems with enhanced controls and will only put Pix back online pending a review from the central bank, it said in a statement on Saturday.<\/p>\n Hackers sought to divert around 380 million reais from HSBC, O Globo said, adding the Brazilian central bank managed to block 350 million reais from the attack. It did not say what happened to the rest.<\/p>\n HSBC confirmed the incident in a statement, saying \u201cno customer accounts or funds were impacted by the operation and measures have been taken to block these transactions.\u201d<\/p>\n This is not the first time Brazilian financial institutions have suffered such breaches. In July, hackers attacked C&M Software<\/a>, siphoning hundreds of millions of reais.<\/p>\n Photograph: A person typing at a backlit computer keyboard arranged in Danbury, U.K., on Tuesday, Dec. 29, 2020. Photo credit: Chris Ratcliffe\/Bloomberg<\/em><\/p>\n Topics<\/span> Cyber<\/a> <\/p>\n<\/p><\/div>\n Was this article valuable?<\/p>\n<\/p><\/div>\n
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