Evolve Bank customer data exposed by crypto-ransomware

Odaily News Crypto-friendly Evolve Bank’s customer data was leaked by Lockbit. Lockbit initially threatened to release Federal Reserve data containing US banking secrets, but ended up leaking 33TB of Evolve Bank and Trust data. The leak included details of the enforcement action imposed by the Federal Reserve on Evolve Bank, as well as Evolve Bank’s involvement in unsafe and unsound banking practices in its partnerships with fintechs. The leaked files reportedly included end-users’ personally identifiable information such as Social Security Numbers, card numbers PAN, wire transfers, and settlement documents. Lockbit set a deadline for the ransom to be paid, but it was apparently not paid. Evolve Bank acknowledged the reports in a customer notification and is actively investigating the details of the incident.