The LockBit ransomware group is embroiled in a stand-off with the Federal Reserve Board, threatening to release 33 TB of alleged breach data if a ransom payment isn’t made. Although there has been no official confirmation or comment on the breach, tensions between Russia and the US are expected to rise if the allegations are true. LockBit, believed to have ties to Russia, has targeted a variety of organizations, including government and law enforcement agencies. The deadline of June 25 approaches for the potential data release.

Week in review: 74k Fortinet firewall credentials stolen, Splunk Enterprise RCE under active attack
Here’s an overview of some of last week’s most interesting news, articles, interviews and videos: A hardware neural network backdoor that hides in plain sight


