Federal Reserve "breached" data may actually belong to Evolve Bank

A shockwave went through the financial world when ransomware group LockBit claimed to have breached the US Federal Reserve, the central banking system of the United States.
You can imagine that everyone was anticipating the end of the countdown that signalled the release of the stolen data with bated breath.
When that deadline passed and the data was released, people who looked at the data found it did not belong to the Federal Reserve but instead to a particular financial organization: Evolve Bank & Trust.
All the links lead to directories containing data that seems to belong to Evolve.
There hasn't been enough time to do a full analysis of the huge amount of data, but it appears it is only remotely tied to the Federal Reserve by some included links to a Federal Reserve press link from mid-June.
As expected, LockBit drew a lot of attention under false pretences.
Recently the FBI announced it had over 7,000 LockBit decryption keys in its possession, allowing it to help victims to recover data encrypted by the gang in past attacks.
LockBit ransomware has impacted over 1,800 US victims, according to FBI stats.
Back to the data, it's good news it appears not to be from the Federal Reserve.
It's not good news for customers of Evolve Bank & Trust and their data may well have been stolen and published.
For now, there's no official statement from Evolve, but there are general things to know if you think you have been involved in a data breach.
There are some actions you can take if you are, or suspect you may have been, the victim of a data breach.
Every breach is different, so check with the vendor to find out what's happened, and follow any specific advice they offer.
Let a password manager choose one for you.
Check the vendor website to see if they are contacting victims, and verify the identity of anyone who contacts you using a different communication channel.
It's definitely more convenient to get sites to remember your card details for you, but we highly recommend not storing that information on websites.
Identity monitoring alerts you if your personal information is found being traded illegally online, and helps you recover after.
Malwarebytes has a new free tool for you to check how much of your personal data has been exposed online.
SCAN NOW. We don't just report on threats - we help safeguard your entire digital identity.
Protect your-and your family's-personal information by using identity protection.


This Cyber News was published on www.malwarebytes.com. Publication date: Wed, 26 Jun 2024 19:13:05 +0000


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