Evolve Bank & Trust Confirms Data Was Stolen in Cyber Attack (1)

Evolve Bank & Trust confirmed it was the victim of a cyber attack and that customer data had been posted on the dark web, less than two weeks after the Arkansas-based lender was ordered by regulators to improve its risk management and get approval before entering into any new partnerships.

The Russian-linked hacker group LockBit 3.0 on Tuesday posted data taken from Evolve’s systems after claiming earlier in the week that it had hacked the US Federal Reserve, giving US officials until Tuesday afternoon to pay an undisclosed amount in exchange for the information purportedly stolen from the central ...