Evolve Bank leak has personal data of Bitfinex, Copper, Nomad users
Crypto-friendly Evolve Bank and Trust has admitted that it has known about ‘unauthorized activity’ — specifically the theft of 33 terabytes of user data — for the past month despite only notifying end users about the breach last week. The data leak, which has been attributed to infamous Russia-based ransomware group Lockbit, reportedly includes personal details belonging to Bitfinex users. Evolve said on Monday that in late May, some of its systems stopped working properly due to ‘unauthorized activity’ that appears to stem from an employee accidentally clicking on a malicious link . The bank claims it stopped the attack ‘within days’ and hasn’t seen any more unauthorized activity since May 31. It also didn’t pay the ransom demand and says Lockbit mistakenly attributed the data to the Federal Reserve. Despite this activity, as reported by Fintech Business Weekly (FBW) reporter Jason Mikula, “It appears [Evolve Bank] didn’t notify impacted fintechs (or en...