Important Takeaways:

• The cybercrime group claims it grabbed ‘33 terabytes’ of data from the Fed.
• In a post to the dark web this week, the criminal organization alleged that it had been in talks with the bank in order to secure a ransom in exchange for keeping the data private.
• “33 terabytes of juicy banking information containing Americans’ banking secrets,” the group wrote. “You better hire another negotiator within 48 hours, and fire this clinical idiot who values Americans’ bank secrecy at $50,000.”
• LockBit rose to prominence in 2019 by bringing in millions of dollars in ransom payments. And although the group’s online infrastructure was shuttered by the FBI and other law enforcement agencies in February, LockBit has managed to reemerge and continue its operations.
• Cybersecurity experts, however, are skeptical of claims regarding the Federal Reserve and note that LockBit has not released any sample data.
• The Daily Dot reached out to the Federal Reserve to confirm whether LockBit’s claims were true but did not receive a reply.

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