lockbit

Discover how the recent breach of Evolve Bank by LockBit highlights the vulnerability of the fintech industry to cyberattacks. Learn about the release of sensitive customer data on the dark web and the implications for affected individuals and companies. Find out how the breach impacted major fintech players like Affirm, Airwallex, and Stripe. Understand the concerns expressed by the Federal Reserve about fintech partnerships and the actions required of Evolve. Explore the tactics of LockBit, the ransomware group responsible for the attack, and the importance of a strong zero trust framework. Gain insights into the role of CISOs in enhancing cybersecurity and protecting against future threats.

Meta Description: LockBit ransomware gang claims to have hacked 33 terabytes of sensitive data from the Federal Reserve, but experts remain skeptical. This article explores the group's history, the potential motivations behind the claim, and the implications for the Federal Reserve and the cybersecurity landscape.