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LockBit claims to exfiltrate 33TB of data from US Federal Reserve

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Re: LockBit claims to exfiltrate 33TB of data from US Federal Reserve

#51
post #11

What data does the Fed actually deal with? The article mentions "Americans' banking secrets" as if the risk is to individuals but ... to oversee banks, does it need the particulars of individual account holders? Or is this information about banks and their overnight borrowing (i.e. should be "American banks' secrets")? Or is this like, pending drafts of various policy reports and granular data from which summaries wo…

You would anticipate a lot of confidential supervisory information: the Federal Reserve (and other Federal regulators) inspect banks regularly, and are allowed to ask for basically anything at all from them. You would expect there to be a significant volume of highly confidential stuff in the working papers. You'd also expect to see potentially embarrassing material for banks like negative supervisory findings, where banks are being asked to deal with things that potentially affect their safety and soundness. This stuff is all highly confidential, for obvious reasons.

Re: LockBit claims to exfiltrate 33TB of data from US Federal Reserve

#52
post #32

Earlier quoted context omitted.

The Fed runs several payment systems so in theory all the transfers sent through there could be a part of this leak.

I'd be _extremely_ surprised if they managed to pop the payment systems.

If previous releases are anything to go by, it’ll be a bunch of backups and databases from enterprise HR and IT software that was running on poorly secured Windows servers, though I don’t know how it adds up to 33TB. Probably undeduplicated backup images or something.

The dump from their Boeing hack was excruciatingly boring.

Re: LockBit claims to exfiltrate 33TB of data from US Federal Reserve

#53
post #8

If this is real, this is an incredible target to choose. I mean, you might not make it trial if they catch you, if you know what I mean. Makes me wonder what level of affiliation or perceived safety would make anyone this confident.

They will be Russian. All of the groups are just government agents, that’s why you get someone like “Anonymous” suddenly appearing overnight, attacking someone that is a foreign rival to the US and then disappearing for another 8 years.

Re: LockBit claims to exfiltrate 33TB of data from US Federal Reserve

#54

Earlier quoted context omitted.

The "story" was that Joe Biden had pushed Ukraine to protect Hunter Biden [1], and there was no evidence found to support that claim at all , despite multiple investigations from the FBI as well as both chambers of Congress [2]. The only thing that turned out to be true and actually criminal was that Hunter Biden acquired a gun while forbidden from doing so, for which he was recently convicted. [1] https://en.wikiped…

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> There was all the crack anfter Joe spent decades enforcing laws to disproportionately punish users of that drug.

Many people, on all sides of the political aisles as well as the population, supported the "war on drugs". It's not really fair to single out Joe Biden for a policy that was unquestionably popular during the time.

> And the more actionable complaints that he was selling influence to Joe while complaining about his cut.

And yet, not enough to be worthy of judgement by Republican-led committees. Of course, the question remains if the committees didn't see an issue because if they'd have held the Bidens to that standard, they'd have to resign en masse as well.

> That Joe was involved in the businesses that Hunter had zero qualifications for.

People leading businesses without being (formally) qualified to do so? If there is one thing that's a defining feature of modern capitalism, then this.

> But yea, it’s OK you aren’t aware of those things. You were by design protected from those nasty truths by “the many”. And even now, if it doesn’t say it on Wikipedia, it must not be true!

My POV is that when even a bunch of Republicans can't find more actionable (!) evidence of wrongdoing than illegally acquiring a gun and questionable policy decisions decades ago, the entire matter was blown up to a size it should never even have got to.

Re: LockBit claims to exfiltrate 33TB of data from US Federal Reserve

#57
post #8

If this is real, this is an incredible target to choose. I mean, you might not make it trial if they catch you, if you know what I mean. Makes me wonder what level of affiliation or perceived safety would make anyone this confident.

I don't think the federal reserve has that many deep dark secrets. The main risk is going to be stuff like knowing that a bank is in trouble before it's public knowledge.

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Re: LockBit claims to exfiltrate 33TB of data from US Federal Reserve

#58

Earlier quoted context omitted.

The use of "many" in such contexts by journalists (and human/AI entities who choose to write like journalists, as in this case) is a shim used to make personal opinion seem more objective.

And we can definitely rely on plurality of professionals. There were many (almost all) journalists and intelligence professionals that claimed the Hunter Laptop was not real… except of course it was and entered into evidence in his gun trail and conviction recently.

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Re: LockBit claims to exfiltrate 33TB of data from US Federal Reserve

#59
post #4

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They're one of the most powerful, and one of the most scrutinized. Keeping them insulated from political pressure is incredibly important. Otherwise you end up with a monetary policy of "drastically cut rates right before the election to protect the incumbent".

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Re: LockBit claims to exfiltrate 33TB of data from US Federal Reserve

#60

Earlier quoted context omitted.

The "story" was that Joe Biden had pushed Ukraine to protect Hunter Biden [1], and there was no evidence found to support that claim at all , despite multiple investigations from the FBI as well as both chambers of Congress [2]. The only thing that turned out to be true and actually criminal was that Hunter Biden acquired a gun while forbidden from doing so, for which he was recently convicted. [1] https://en.wikiped…

[flagged]

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