A scheme which has been skimming funds from Brazilian bank payments over the past two years may be the largest cyber crime heist in history.
According to Bit Community, the amount stolen was around $3.75 billion. The scheme targets a Brazilian payment system called the Boleto, which can be issued online and used for most types of payments in the South American country.
Researchers from RSA said that the fraud scheme first emerged in 2012, infected over 192,000 computers and led to some 495,000 fraudulent transactions. The total amount of losses for 30 banks was estimated at up to $3.75bn, researchers said.
