Evolve Bank customer data exposed by crypto-ransomware

Customer data from encryption-friendly Evolve Bank has been leaked by Lockbit. Initially, Lockbit threatened to release federal reserve data containing secrets of US banks, but ultimately leaked 33TB of Evolve Bank and Trust data. The leaked content includes details of law enforcement actions by the Federal Reserve against Evolve Bank, as well as insecure and unsound banking practices involving financial technology. Reportedly, the leaked files contain personal identification information of end users such as social security numbers, PAN card numbers, wire transfers, and settlement files. Lockbit set a deadline for ransom payment, but apparently did not receive payment. Evolve Bank acknowledged these reports in a customer notice and is actively investigating the details of the incident.