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Evolve Bank Hit by Ransomware: 7.6 Million Customers’ Data Leaked!
Evolve Bank & Trust fell victim to a ransomware attack by the LockBit gang, resulting in stolen data for over 7.6 million people. Initially mistaken for hardware failure, the breach was triggered by an employee’s click on a malicious link. Despite having backups, LockBit leaked…
Hot Take:
When ransomware attacks hit banks, it’s a bit like discovering your piggy bank is actually a Trojan horse. Evolve Bank & Trust might want to evolve their cybersecurity measures ASAP!
Key Points:
- Evolve Bank & Trust fell victim to a ransomware attack in May 2024.
- The attack was attributed to the LockBit ransomware gang.
- More than 7.6 million people had their data stolen, including sensitive information.
- The bank refused to pay the ransom, leading to data being leaked on the dark web.
- LockBit mistakenly claimed to have breached the US Federal Reserve instead.
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