LockBit hackers claim to have cracked the US Federal Reserve
June 25, 2024 – Published on TechRadarPro
The LockBit cybercrime gang has claimed to have stolen an enormous database from the US Federal Reserve, which includes sensitive banking information about American citizens – but the claim is being met with suspicion.
Earlier this week, the infamous ransomware operator added the Fed on its data leak site, saying it had acquired an archive containing “33 terabytes of juicy banking information containing Americans’ banking secrets”.
It’s not known how much money LockBit is asking for, in exchange for this “juicy banking information”, but LockBit is known for asking high seven figures for the archives.
The deadline to reach an agreement is June 25 at 8:27 p.m. UTC (2:27 p.m. EDT), and so far, the Fed is keeping quiet, but other analysts – not so much. In fact, many believe that the post-Cronos LockBit is but a shadow of its former self and that the “theft” from the Fed is nothing more than a ruse to try and improve its standing in the hacking community.
Jason Baker, threat intelligence consultant at GuidePoint Security, stressed that LockBit has showed no proof of its claims.
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