Hackers arrested over €30M bank fraud exploiting service provider flaw

Four cybercriminals were arrested in Brazil and three charged in Europe for exploiting a service provider vulnerability to steal €30 million from Commerzbank customers' accounts.

Four cybercriminals were arrested in Brazil and three others charged in Europe over a €30 million bank fraud. The group exploited a vulnerability at a service provider to illegally withdraw funds from Commerzbank customers' accounts.