Evolve Bank & Trust

Evolve Bank & Trust operates under the alias Evolve Bank & Trust. Its headquarters is located in the United States of America. The provided sources do not detail the specific core products or services offered by the organization. Likewise, no explicit information is given about its scale, reach, or notable footprint. The sources also do not describe any distinguishing attributes such as specialization, regulatory role, or sector positioning.

On May 31, 2024, Evolve Bank & Trust experienced a ransomware attack attributed to the LockBit criminal organization. The incident began when an employee inadvertently clicked a malicious link, granting unauthorized access to the bank's systems. Attackers exfiltrated personal information including names, Social Security numbers, account details, dates of birth, and contact information from various customer groups and employees. They also obtained ACH transaction records containing payor and payee financial data. Although no customer funds were accessed, the threat actor encrypted some internal data and later leaked the stolen information after the bank refused to pay the ransom. The bank contained the incident, implemented enhanced security controls, and initiated notifications offering affected individuals credit monitoring or dark web surveillance services. The sources consulted for this profile are the bank's own cybersecurity incident notice and substitute notice of data breach. No further details about ownership, parent/subsidiary status, or other structural notes are explicit in the provided material. Consequently, this profile is limited to the confirmed facts presented in the available sources. Any additional attributes of Evolve Bank & Trust remain undetermined based on the current information.