Evolve Bank and Trust

Jul 6, 2024 1 min read
Evolve Bank and Trust

Evolve Bank and Trust, a financial institution catering to fintech startups, experienced a ransomware attack alongside a data breach with the potential to affect its customers and those of its fintech partners. A cybercriminal organization obtained and released private data on the dark web. LockBit ransomware group claimed responsibility for the theft and publication of sensitive information, disrupting banking operations, compromising client confidentiality, and undermining trust in Evolve's cybersecurity measures.

Source: https://www.wired.com/story/google-face-recognition-office-safety-security-roundup/

"id": "evo449070624",
"linkid": "evolve-bank-&-trust",
"type": "Ransomware",
"date": "6/2024",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"

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