In a significant escalation within the cybersecurity realm, the notorious ransomware group Lockbit 3.0 has claimed responsibility for a cyberattack targeting the Federal Reserve of the United States. The declaration was made through a post on the Dark Web leak site associated with the ransomware actor, raising alarms across financial and governmental sectors. The Alleged Breach On June 23, 2024, at 20:27 UTC, Lockbit 3.0 announced that it had infiltrated the systems of the Federal Reserve, compromising a staggering 33 terabytes of sensitive banking information. The data reportedly includes confidential details of American banking activities, which, if verified, represents one of the