More reasons to beware breathless reporting about a ransomware group’s latest supposed victim: LockBit’s claim to have breached the U.S. Federal Reserve Bank.

The Fed, based in Washington, is America’s central bank. It works with 12 regional Fed banks. If any aspect of that system fell victim to ransomware-wielding groups – or had data exfiltrated, it could pose a major risk to the country’s financial sector, or at least perceptions of its security.