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breach watch The Register July 31, 2026

US bank places trust in ransomware crew that promised to delete its data

US bank places trust in ransomware crew that promised to delete its data
AI Summary

Would you trust a ransomware extortionist to delete the data they stole? One bank certainly wants you to. Well over a month into a ransomware cleanup job, River Financial Corporation tells regulators that it “took steps to attempt to suppress the affected data, including obtaining representations from the threat actor that it deleted the data in its possession.” For context, placing this kind of trust in this kind of individual has been proven to be a bad idea.

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