US Bank investigates LockBit's claims as ransomware crims set pay-or-leak deadline
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US Bank is conducting an investigation into claims made by the ransomware group LockBit, who allege that they breached the financial institution and stole data. The group has set a deadline of September 3 to either receive a ransom payment or leak the stolen information. US Bank spokesperson Lee Henderson confirmed that the bank is aware of the allegations, but declined to provide further details.
If the allegations are true, paying the ransom does not guarantee that the stolen data will be deleted. LockBit previously attempted to take down a previous version of the group in 2024, but found evidence that they retained victim data even after ransom payments. The bank maintains that there is no indication of unauthorized access to its internal systems.
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