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LockBit’s Blunder: Ransomware Gang Caught Faking Federal Reserve Hack
LockBit’s bluff about hacking the US Federal Reserve was all smoke and mirrors. Instead, they leaked data from Evolve Bank & Trust, proving their desperate bid for relevance post-Cronos operation.
Hot Take:
Looks like LockBit should have stuck to their day job—oh wait, being a cybercriminal is their day job! Claiming to have hacked the US Federal Reserve when they actually hit a commercial bank is like bragging about winning the lottery only to reveal you found a quarter on the street.
Key Points:
- LockBit claimed to have hacked the US Federal Reserve, boasting about 33 terabytes of data.
- Multiple security researchers doubted the authenticity of the claim from the get-go.
- An investigation revealed the data was actually from Evolve Bank & Trust, not the Federal Reserve.
- Evolve Bank & Trust confirmed the breach, notified affected individuals, and offered credit monitoring services.
- Security researchers argue the move was a desperate bid for relevance post-Cronos operation.
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