More reasons to beware breathless reporting about a ransomware group's latest supposed victim: LockBit's claim to have breached the U.S. Federal Reserve Bank. Instead, the actual victim is Evolve Bancorp, which is currently dealing with an enforcement action by - wait for it - the Fed.

Actual Victim: Evolve Bank, Now Dealing With Open Banking Enforcement Action by FedMore reasons to beware breathless reporting about a ransomware group’s latest supposed victim: LockBit’s claim to have breached the U.S. Federal Reserve Bank. Instead, the actual victim is Evolve Bancorp, which is currently dealing with an enforcement action by - wait for it - the Fed.