Evolve data breach impacted upward of 7.64 million consumers

Over 7.64 million individuals were impacted in a data breach at Evolve Bank & Trust, involving potential unauthorized access and downloading of customer information, possibly by the LockBit ransomware group. While Evolve assures no customer funds were accessed, personal data such as Social Security numbers and bank account details may have been compromised. The breach, which seemed initially like a hardware issue, was later attributed to an employee clicking a malicious link. Evolve has declined to pay the ransom, leading to a leak of data they're now addressing by enhancing security measures and offering identity theft protection to customers. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CSO Online