A ransomware attack hit River Bank & Trust in June.
River Bank & Trust has 25 locations across Alabama and in Destin, Fla. Its principal executive offices are in Prattville.
According to a recent Form 8-K filing by River Financial Corporation, an “unauthorized threat actor” gained access to the bank’s “network environment” around June 16.
“On or about June 16, 2026, an unauthorized threat actor gained access to the network environment of River Financial Corporation, including River Bank & Trust (together, 'River'). River identified the activity on or about June 19, 2026, and determined that ransomware had been deployed across portions of its server environment. River promptly took containment measures, including disabling affected administrative accounts and taking impacted systems offline,” Jimmy Stubbs, River Financial Corporation CEO, said in the filing last week.
“River, with the assistance of a third-party forensic firm, is investigating the nature and scope of the incident, including whether any personally identifiable information was subject to unauthorized access or exfiltration. That investigation is ongoing.”
Stubbs continued, “As of the date of this filing, the full nature, scope, and impact of the incident have not yet been determined. River has not yet determined whether the incident is reasonably likely to materially impact its business or financial condition. Certain operations have been impacted, but River is working with external cybersecurity professionals to fully restore these operations.”
Stubbs told 1819 News on Wednesday there were “no updates to share at this point.”
“Our customers and employees, if impacted, will be taken care of at the appropriate time,” Stubbs said.
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