LockBit Claims Stealing Banking Info From the Fed, Claims Proven False

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  • Earlier this week, the notorious ransomware group LockBit claimed it had stolen 33 terabytes of sensitive banking information from the US Federal Reserve.
  • It has now been proven that the data belonged to an individual financial institution, not the Fed.

Earlier this week, LockBit, the notorious ransomware group, claimed that it had stolen 33 terabytes of sensitive banking information and “banking secrets” belonging to Americans from the US Federal Reserve. The group further threatened the Federal Reserve to pay the ransom by June 25, without which it would leak the data. It also demanded the US central banking system replace the negotiator who offered the group $50,000 not to leak the data, calling the person a “clinical idiot,” giving a sense that the Fed was indeed negotiating with the notorious group.

While the Fed did not comment then, security experts doubted the legitimacy of the claims of the Russia-linked group. While some said the group gave no proof of its claims, a few others opined that the group was just using an attention-grabbing tactic after Operation Cronos. A few others believed the “juicy data” belonged to an individual US financial…

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