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[ClearanceJobs] Lockbit Ransomware Group Claims to Have Hacked the U.S. Federal Reserve

June 25, 2024

Lockbit Ransomware Group Claims to Have Hacked the U.S. Federal Reserve

Recently, the LockBit group, which is believed to operate from within Russia, has claimed responsibility for hacking the Federal Reserve of the United States, comprising 33 terabytes of banking information. The group claimed responsibility for the hacking on a Dark Web leak site that is believed to be linked to it.

“Federal banking is the term for the way the Federal Reserve of the United States distributes its money. The Reserve operates twelve banking districts around the country, which oversee money distribution within their respective districts. The twelve cities that are home to the Reserve Banks are Boston, New York City, Philadelphia, Richmond, Atlanta, Dallas, Saint Louis, Cleveland, Chicago, Minneapolis, Kansas City, and San Francisco,” read the group’s announcement.

“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,” it added.

Ron Arden, Executive Vice President, CTO, and COO at Fasoo, discusses ways to protect sensitive data against ransomware attacks.

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