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

Connor Jones· ·3 min read · 0 reactions · 0 comments · 2 views
#bank#places#trust#ransomware#crew
US bank places trust in ransomware crew that promised to delete its data
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REG AD googletag.cmd.push(function() { googletag.display('labrador/thereg/article/desktop/b'); }); The Register asked the company for a more explicit comment on this matter, but it did not immediately respond. REG AD googletag.cmd.push(function() { googletag.display('labrador/thereg/article/desktop/c'); }); River Bank first disclosed its cyber woes to the Securities and Exchange Commission (SEC) on June 16, admitting from the outset that ransomware had been deployed across portions of its servers. MORE CONTEXT Greedy ransomware crews return for seconds after victims cough up first extortion payments Charities remain locked out of CAF Bank online accounts Confused by the SEC's IT security breach reporting rules?

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Original publisherThe Register
Canonical URLhttps://www.theregister.com/cyber-crime/2026/07/31/us-bank-places-trust-in-ransomware-crew-that-promised-to-delete-its-data/5281888
Publication timeFri, 31 Jul 2026 17:41:00 +0200
Retrieval time2026-07-31T17:38:31.609Z
Last seen2026-07-31T17:38:31.609Z
Headline sourcePublisher (no WeSearch rewrite)
Excerpt sourcepublisher body
Excerpt methodFirst ~120 words (~800 chars) of extracted publisher body, fair-use limited.
SummaryWeSearch · cerebras-chat (WeSearch summarizer)
Summary source textcontentText
Citation coverageSummary is a WeSearch-generated derivative; primary citation is the original publisher URL.
ClusteregHkSr0N_1Vz · 1 stories
Cluster logicGrouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison.
Ranking reasonStory pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking.
Publisher visitYes — open original
Substitutes article?No — link-out required for full text

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WeSearch handling by dimension

Indexing May the item be indexed (stored, ranked, made findable)? Allowed
Snippet May a short excerpt of the publisher's text be shown? Allowed
AI summary May WeSearch generate its own short summary of the article? Limited
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Model training May the content be used to train AI models? Not asserted
Commercial reuse May the content be reused commercially? Not permitted

Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

(function() { let windowUrl = window.location.href; windowUrl = windowUrl.substring(windowUrl.indexOf('?') + 1); let messageElement = document.querySelector('.shareableMessage'); if (windowUrl && windowUrl.includes('code') && windowUrl.includes('expires')) { messageElement.style.display = 'block'; } })(); Cyber-crime US bank places trust in ransomware crew that promised to delete its data History suggests this was not wise Connor Jones Connor Jones Cybersecurity reporter Published fri 31 Jul 2026 // 16:41 UTC Would you trust a ransomware extortionist to delete the data they stole? One bank certainly wants you to.

Excerpt limited to ~120 words for fair-use compliance. The full article is at The Register.

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