June 26, 2024, 5:10 p.m. |

BankInfoSecurity.com RSS Syndication www.bankinfosecurity.com

Actual Victim: Evolve Bank, Now Dealing With Open Banking Enforcement Action by Fed
More reasons to beware breathless reporting about a ransomware group's latest supposed victim: LockBit's claim to have breached the U.S. Federal Reserve Bank. Instead, the actual victim is Evolve Bancorp, which is currently dealing with an enforcement action by - wait for it - the Fed.

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