News and Updates on Information Technology

LockBit 2.0 ransomware group threatened Envision Credit Union to publish stolen data

Exploit: Ransomware

Envision Credit Union: Bank

cybersecurity news represented by agauge showing severe risk

Risk to Business: 1.673=Severe

The LockBit 2.0 ransomware group has threatened to publish stolen data of its newest target, Envision Credit Union in Florida, on August 30. Envision Credit Union disclosed to the media that recently began “experiencing technical difficulties on certain systems” after the LockBit announcement went up on the gang’s leak site. An investigation is ongoing and the bank has not yet disclosed exactly what (if any) data was stolen.

Individual Impact: There has not yet been an announcement that employee, customer, or consumer personal or financial information was compromised in this incident but the investigation is ongoing

Customers Impacted: Unknown

How It Could Affect Your Customers’ Business Financial services and fintec organizations have been a prime target for hackers recently, and regulators have not been shy about raising the alarm.

Source: Tallahassee