Evolve Bank and Trust, a financial institution popular with fintech startups, has disclosed a significant data breach attributed to the LockBit ransomware group. The breach, which occurred in late May but was only publicly acknowledged last week, exposed 33 terabytes of sensitive data, including personally identifiable information (PII) such as names, addresses, dates of birth, contact details, Social Security numbers, and Employer Identification Numbers. The breach has impacted several fintech companies, including Wise, Affirm, and Mercury, which are currently assessing the extent of the damage to their customers. The stolen data has reportedly been released by LockBit, raising concerns about the long-term implications for Evolve Bank's partners and customers. Despite the severity of the breach, some affected companies have only recently been notified, leading to criticism of Evolve Bank's handling of the incident. The breach affected 155,586 accounts, including Bitfinex users.
Evolve Bank’s LockBit breach panics multiple fintechs https://t.co/2spAF3YaKN
Crypto-friendly Evolve Bank and Trust has admitted that it has known about ‘unauthorized activity’ — specifically the theft of 33 terabytes of user data — for the past month despite only notifying end users about the breach last week. The data leak, which has been attributed to… https://t.co/giLwriIdG7
🚨 Crypto-friendly #Evolve Bank and Trust admits it knew about a data breach for a month before notifying users. The theft, attributed to Russia-based ransomware group #Lockbit, exposed 33 terabytes of personal data from 155,586 accounts, including #Bitfinex users. The bank…
According to Protos, crypto-friendly bank Evolve Bank admitted that 33 TB of user data was stolen a month ago by a Russian ransomware gang Lockbit after an employee accidentally clicked a malicious link. The stolen data included personally identifiable information (PII), such as…
Fintech Company Wise Says Some Customers Affected by Evolve Bank Data Breach https://t.co/89NH8rW3Dn
Wise, Affirm, Mercury, and other companies say they're investigating how a recent ransomware attack by LockBit on Evolve Bank and Trust impacted their customers (@lorenzofb / TechCrunch) https://t.co/xkkVcoxZXQ 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/bYRI8KLnYD
Last week, it was reported that the #LockBit ransomware group breached the Federal Reserve. Now, the target appears to be Arkansas-based Evolve Bank. @DarkReading has the full story, including @StephenGates_H3's take on post-breach actions, at https://t.co/vmNMRMpFw7. https://t.co/zqv0qQ2cqd
Affirm card users' personal information possibly compromised in Evolve Bank cyber attack https://t.co/6jLgF7h732
🔐 What does the Evolve Bank & Trust hack highlight about blockchain transparency? 🧐 Learn how @getevolved1925's breach led to the exposure of as much as 33TB of data, revealing IT and security policy deficiencies, in our latest blog 👇 https://t.co/6PBGpbJ5Qr
Fintech company Wise says some customers affected by Evolve Bank data breach: https://t.co/MuCBqoOcdS by TechCrunch #infosec #cybersecurity #technology #news
Fintech company Wise says some customers affected by Evolve Bank data breach https://t.co/sZDzAnuRxd
NEW: Fintech company Wise announced that some of its customers were affected by the Evolve Bank and Trust breach. Data potentially stolen: names, addresses, date of birth, contact details and Social Security numbers or Employer Identification Number. https://t.co/319P2jDwkl
Evolve has known their systems were compromised since late May. But it appears they didn’t notify impacted fintechs (or end users) until the breach became public last week: https://t.co/1K9Obs414e
This is one to watch, the Evolve Bank data breach looks like it’s going to have a long tail of impacted partners https://t.co/IupJ2w3GQd
.@ColtonSeal makes a really good point here (& on LI) We really should separate Evolve's issues w fintech partners & consent order & the hack Lockbit is a MAJOR hacking group (responsible for 44% of all ransomware hacks globally) DIRECTLY attacking the US banking system https://t.co/UrM41vKtDP
LockBit Attack Targets Evolve Bank, Not Federal Reserve https://t.co/HxeHWrMrGi
LockBit Attack Targets Evolve Bank, Not Federal Reserve: https://t.co/ugIcwuIzX3 by darkreading #infosec #cybersecurity #technology #news
BREAKING: Earlier this week, ransomware group LockBit claimed to have hacked 33TB of sensitive financial data from the Federal Reserve. However, the data actually comes from Evolve, a financial institution popular with fintech startups. LockBit has since released the stolen data… https://t.co/BYtDWyPLWu
LockBit group wrongly claimed the hack of the Federal Reserve: https://t.co/hXWW40Uhsv by Security Affairs #infosec #cybersecurity #technology #news
Crazy to me that @Affirm's @mlevchin isn't taking the Evolve hack more seriously when its users transaction-level information is out there: https://t.co/3aYDi9hqll
On Wednesday, Evolve Bank and Trust, a financial institution that’s popular with fintech startups, announced that it had been victim of a cyberattack and data breach that could have affected its partner companies as well. A collab with @lorenzofb https://t.co/7zyL7zQClg
Startups scramble to assess fallout from Evolve Bank data breach https://t.co/EFPn71aW64
Startups scramble to assess fallout from Evolve Bank data breach: https://t.co/sWNOhHqsea by TechCrunch #infosec #cybersecurity #technology #news
NEW: Startups are investigating whether they are impacted by the data breach at Evolve Bank and Trust, a popular bank for fintech startups. So far, only a few have acknowledged they may be impacted. https://t.co/vguZ9oYgeg