StockWatch
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State Commercial Banks
CybersecurityJun 25, 2026, 04:57 PM

River Financial Reports Ransomware Attack, Investigating Impact

AI Summary

River Financial Corporation reported a material cybersecurity incident where an unauthorized threat actor gained access to its network around June 16, 2026. The company identified ransomware deployment across its server environment on June 19, 2026, and promptly initiated containment measures. An investigation with a third-party forensic firm is ongoing to determine the full nature, scope, and impact, including potential unauthorized access or exfiltration of personally identifiable information. While certain operations have been impacted, the company has not yet determined if the incident will materially affect its business or financial condition.

Key Highlights

  • Unauthorized threat actor gained network access around June 16, 2026.
  • Activity identified by River Financial on or about June 19, 2026.
  • Ransomware deployed across portions of River's server environment.
  • Company took containment measures, including disabling accounts and taking systems offline.
  • Investigation into nature, scope, and impact, including PII, is ongoing with a third-party firm.
  • Full impact on business or financial condition not yet determined.
  • Certain operations impacted; restoration efforts are underway.