LockBit Claims Federal Reserve Hack After DOJ Disruption
The U.S. Department of Justice has recently disrupted the LockBit ransomware group, seizing their servers and networks. However, LockBit has since claimed a high-profile hack of the Federal Reserve, a claim that appears to be an exaggeration.
LockBit's recent actions began with a genuine breach at Evolve Bank & Trust, where they accessed sensitive data. After the Justice Department's disruption, LockBit released parts of the stolen data on the darknet via 21 links, suggesting a desperate attempt to regain relevance.
The ransomware group then made a bold claim, stating they had hacked PNC Bank and stolen 33 terabytes of data. They offered to sell this data back to the bank for $50,000. However, investigations so far indicate that the breach was limited to Evolve Bank & Trust, and LockBit may be exaggerating the hack to intimidate victims and attract affiliates.
Evolve Bank & Trust is currently investigating the incident and has involved law enforcement. Despite LockBit's claims, PNC Bank has not confirmed any breach. The alleged bank hack could be a desperate move by LockBit to regain influence in the ransomware market, following the Justice Department's disruption of their operations.
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