Evolve Bank Experiences Cybersecurity Breach

Evolve Bank Experiences Cybersecurity Breach

Recently, Evolve Bank & Trust has acknowledged a breach in their cybersecurity. The notorious cybercrime group, Lockbit 3.0, has allegedly exposed customers’ personal data on the dark web. Evolve Bank, renowned for its partnerships in the fintech industry and its management of accounts for companies with a large number of cryptocurrency users, is now facing intense scrutiny. This incident has sparked worries about the safety of digital assets and personal information within the cryptocurrency community. Evolve Bank is taking steps to lessen the impact, including providing affected customers with complimentary credit monitoring and identity theft protection services. Users of cryptocurrency are advised to closely monitor their account activity and adhere to the bank’s recommendations for protective measures.

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