Federal Reserve Falls Victim to Ransomware Attack, Claims LockBit

According to Odaily, the Federal Reserve has reportedly fallen victim to a ransomware attack. The ransomware group LockBit is said to be behind the attack. The group claims to have in its possession 33 terabytes of confidential data from US banks. The information was shared by @DailyDarkWeb on the social media platform X. The victim's website, belonging to LockBit, displayed the news of the ransomware attack on the Federal Reserve. The group has not yet released any further details about the attack or the nature of the data they claim to have acquired. This incident marks a significant breach in the security of the US banking system. The Federal Reserve, being the central banking system of the United States, holds a vast amount of confidential and sensitive data. The potential exposure of such data could have far-reaching implications. The ransomware group LockBit has been active in the cybercrime scene for a while. However, this attack on the Federal Reserve marks a significant escalation in their activities. The group's modus operandi typically involves encrypting the victim's data and demanding a ransom in return for the decryption key. The Federal Reserve has not yet commented on the incident. It remains to be seen how the situation will unfold and what measures will be taken to mitigate the potential damage caused by this attack.