Federal Reserve Hacked By LockBit Ransomware Group Claiming To Have Exfiltrated 33TB of Sensitive Data

LockBit ransomware group hacks Federal Reserve, demands ransom for 33 terabytes of sensitive American banking data by June 25, 2024.
Federal Reserve Hacked By LockBit Ransomware Group Claiming To Have Exfiltrated 33TB of Sensitive Data
Federal Reserve Hacked By LockBit Ransomware Group Claiming To Have Exfiltrated 33TB of Sensitive Data

Key Takeaways

  • The LockBit ransomware group claims to have breached the Federal Reserve, extracting 33 TB of sensitive data, including Americans' banking secrets.
  • LockBit demands a ransom by June 25, criticizing the current negotiator and valuing the stolen banking data at $50,000, though skeptics question the credibility due to the absence of data samples.
  • Despite the bold claims, the lack of published data samples raises doubts about the authenticity of LockBit's breach of the Federal Reserve's systems.

The LockBit ransomware group states they have successfully hacked into the servers of the Federal Reserve, managing to obtain 33 terabytes of highly sensitive information, including "juicy banking information containing Americans’ banking secrets."

They have set a ransom deadline of June 25, 2024, at 20:27:10 UTC.

Their statement includes the following: “33 terabytes of juicy banking information containing Americans’ banking secrets. You better hire another negotiator within 48 hours, and fire this clinical idiot who values Americans’ bank secrecy at $50,000.”

The claim has been met with skepticism as the group has yet to publish any sample of the stolen data.

LockBit 3.0 is known for its sophisticated ransomware techniques, which have previously targeted various high-profile organizations.

The breach has prompted immediate investigations and efforts to bolster cybersecurity measures within the Federal Reserve.

Experts warn that this incident could be a precursor to more frequent and severe cyberattacks on global financial institutions.

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Naiw

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