this post was submitted on 09 Jul 2024
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[–] autotldr@lemmings.world 1 points 1 year ago

This is the best summary I could come up with:


Evolve Bank & Trust says the data of more than 7.6 million customers was stolen during the LockBit break-in in late May, per a fresh filing with Maine's attorney general.

It's the first time Evolve has confirmed the scale of the data theft – which affected at least three of its major partners, past and present – and it expects the number to rise as its investigations continue.

Both Wise and Affirm, international money transfer and buy-now-pay-later companies respectively, confirmed in SEC filings last week that they were both materially affected by the break-in at Evolve.

The letters sent to affected individuals are usually attached to filings with state attorneys general, but typically omit details such as the specific data types stolen in each case.

Following a review of Evolve in 2023, the board wasn't happy at all with the Arkansas-headquartered company for a number of reasons including "deficiencies" in anti-money laundering, risk management, and consumer compliance programs.

The data stolen includes names, SSNs, dates of birth, account information, and identity documents, but no recognized cybercrime operation has taken credit for what the FBCS called a "cyber incident."


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