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Largest Bank in Venezuela Targeted by LockBit Ransomware Attack

Largest Bank in Venezuela Targeted by LockBit Ransomware Attack

Reports from Twitter indicate that Banco de Venezuela, the largest bank in the country, has been hit by a ransomware attack.

Various cybersecurity portals have confirmed the news, while the bank itself has not denied or confirmed the situation, instead issuing a statement about the spread of information on social media.

The LockBit ransomware is believed to be behind the attack, which encrypts a victim’s files and demands a ransom to regain access.

Although the bank’s electronic services appear to be functioning normally, there is a possibility that the attackers have seized information and are demanding payment to release it.

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If a leak occurs, the information could be available on the dark web, leading to phishing, unauthorized access, and extortion.

It is important to note that Banco de Venezuela manages over 21.7 million bank accounts across the country.

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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