Fintech Frenzy: Affirm & Others Emerge as Victims in Evolve Breach

July 2, 2024 at 05:30PM A ransomware attack on a financial services provider has reverberated across its partners, leading to potential exposure of customer data. The attack, launched by the LockBit group, targeted Evolve Bank & Trust, compromising customer information. This has rippled through multiple companies, including Wise and Affirm, prompting investigations and concerns among … Read more

Affirm says cardholders impacted by Evolve Bank data breach

July 2, 2024 at 12:03PM Affirm, a fintech company, disclosed a data breach at its third-party issuer, Evolve Bank & Trust, affecting personal information of its cardholders. Evolve, a financial services provider, faces an investigation after a cybercriminal organization illegally obtained and released data. Affirm, Wise, and Bilt are among the fintech firms potentially impacted, … Read more

Affirm admits customer info pwned in ransomware raid at Evolve Bank

July 2, 2024 at 09:23AM The breach at Evolve Bank & Trust has impacted its partners Wise and Affirm, with personal data of Affirm Card holders potentially stolen. The scale of the breach is still unclear, and Wise confirmed that some of its users may have been affected. Evolve faces additional scrutiny due to previous … Read more

Evolve Bank Shares Data Breach Details as Fintech Firms Report Being Hit

July 2, 2024 at 09:22AM Wise and Affirm acknowledge the impact of the recent Evolve Bank data breach on their customers. The cybercriminals gained access to customer and financial technology partner information, affecting customers who used both companies’ services. Evolve clarified that the ransomware group LockBit was behind the attack, compromising various personal and banking … Read more

LockBit Attack Targets Evolve Bank, Not Federal Reserve

June 28, 2024 at 11:11AM Evolve Bank, headquartered in Arkansas, was targeted by LockBit ransomware, resulting in a data leak on the Dark Web. Despite this, Evolve assures customers that retail banking services remain secure. The incident followed a recent enforcement action by the Federal Reserve against Evolve for deficiencies in anti-money laundering and risk … Read more

Evolve Bank Data Leaked After LockBit’s ‘Federal Reserve Hack’ 

June 27, 2024 at 06:46AM LockBit ransomware threatened to release 33 Tb of data from the US Federal Reserve, but leaked data appears to be from Evolve Bank & Trust, not the central bank. The cybersecurity community expressed skepticism over the claims. Evolve Bank is investigating a cyber incident involving potential personal information compromise, but … Read more

LockBit lied: Stolen data is from a bank, not US Federal Reserve

June 26, 2024 at 02:21PM The LockBit ransomware group made a bold claim, stating they breached the US Federal Reserve and stole 33 terabytes of banking data. However, it was revealed that they targeted an individual bank, not the Fed. This baseless claim is seen as a desperate attempt by LockBit to stay relevant after … Read more