River Bank Says the Hackers Deleted the Stolen Data. Should Anyone Believe Them?

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Can you trust cybercriminals when they claim they've deleted your stolen data? In this episode, we analyze the ransomware attack against River Bank and River Financial Corporation, exploring how modern double extortion attacks work, why organizations sometimes negotiate with hackers, and why a promise to delete stolen information can never be independently verified. We also examine the legal consequences, the SEC filings, and the cybersecurity lessons every financial institution—and every organization—should learn from this incident.