The growth of PIX in Brazil and its risks

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The PIX system, launched in 2020, quickly became one of the main payment methods in Brazil. In just a few years, millions of Brazilians adopted the technology due to its practicality and speed. According to recent data, more than 150 million PIX keys were registered by 2024, demonstrating the immense reach of the system.

However, with its increasing popularity comes increased risks. The massive use of PIX attracts the singapore phone number library attention of cybercriminals, who see opportunities in third-party security breaches. The recent leaks are a clear example of this growing risk, especially considering the type of sensitive information that can be compromised.

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Central Bank and data leaks: How to protect your Pix
In light of the PIX key data leaks, it is essential that users adopt security practices to protect their information. The Central Bank recommends that customers use two-factor authentication on their bank accounts, regularly monitor their transactions, and avoid providing personal data or PIX keys on untrustworthy apps or websites.

Another important measure is to be alert to suspicious communications, such as text messages or emails requesting banking information. In case of any suspicious activity, users should immediately contact their financial institution to block possible fraud.