The notorious Russia-based ransomware gang Lockbit 3.0 has claimed responsibility for a cyber-attack on the US Federal Reserve. The attack, which was announced on 23 June via a post on a site associated with the ransomware gang, allegedly saw the gang infiltrate the systems of the US Federal Reserve and exfiltrate 33 TB of sensitive banking information.
In the post, which was entitled 'federalreserve.gov', the gang explained how the Federal Reserve is structured, and its role in distributing money across the 12 US banking districts. It also gave the Reserve a 48-hour deadline to fire their "clinical idiot" of a negotiator (Lockbit's words, not mine) who had apparently valued the worth of America's banking secrecy at $50,000. The gang demanded the Federal Reserve hire a new one.[1]
An announcement of the cyber attack on the US Federal Reserve by Lockbit 3.0
(Image credit: Red Hot Cyber)
Lockbit 3.0 is notorious for its aggressive negotiation tactics and its targeting of high-profile organizations. Other recent victims of the ransomware gang include Canadian pharmacy chain London Drugs, the City of Wichita and the Hôpital de Cannes - Simone Veil. The attack on the Federal Reserve follows the unmasking by the US of Russian national Dmitry Khoroshev as the developer, creator and administrator of this ransomware gang.
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[1] https://www.tomsguide.com/computing/malware-adware/ransomware-gang-claims-cyber-attack-on-federal-reserve
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