Cyberattack on Evertec’s Sinqia Hits HSBC and Other Brazilian Banks
A cyberattack on Sinqia, the Brazilian fintech subsidiary of Evertec, targeted several major financial institutions, including HSBC Brazil, in an attempt to steal around 420 million reais ($77.4 million). The attack occurred on Friday and was confirmed by local media outlet O Globo. Authorities and affected institutions are now investigating and responding to the breach, while specific details on data compromise or system vulnerabilities have not been disclosed.
This incident highlights ongoing cybersecurity risks in the fintech sector and underscores the need for stronger safeguards across financial infrastructure.
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