Evolve Bank & Trust recently revealed that they were impacted by a breach involving the known ransomware group LockBit. The cyberattack resulted in a loss of $7 million for the bank and potentially exposed sensitive customer information.
The cyberattack on Evolve Bank & Trust was carried out by the notorious ransomware group LockBit. The hackers gained access to the banks systems through a phishing email that contained malicious software. Once inside, they were able to encrypt sensitive data and demand a ransom in exchange for its release.
As a result of the LockBit breach, Evolve Bank & Trust has warned customers that their personal information may have been compromised. This includes sensitive data such as account numbers, social security numbers, and other personal details. The bank is currently working to investigate the full extent of the breach and mitigate any potential damages.
Customers can protect themselves from cyberattacks by remaining vigilant and following best practices for online security. This includes regularly updating passwords, being cautious of phishing emails, and using reputable cybersecurity software.
Evolve Bank & Trust is taking immediate steps to address the breach and secure their systems. This includes working with cybersecurity experts to investigate the root cause of the attack, implementing additional security measures, and informing affected customers of the situation.
Customers who believe their information may have been compromised in the Evolve Bank & Trust breach should contact the bank immediately. They should also monitor their financial accounts for any suspicious activity and consider placing a fraud alert on their credit report to prevent further damage.
In conclusion, the breach at Evolve Bank & Trust serves as a reminder of the constant threat of cyberattacks in todays digital world. It is crucial for individuals and organizations to remain vigilant and take proactive steps to protect sensitive information from falling into the wrong hands.|
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Evolve Bank & Trust discloses 7M affected by LockBit data breach