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Security · 2h ago

US bank trusts ransomware crew's promise to delete stolen data

By Meridian48 News Desk · Summarised from The Register ·

A US bank has relied on a ransomware group's assurance that it would delete stolen data after payment, despite historical evidence that such promises are often broken. The decision raises concerns about the effectiveness of paying ransoms to secure data deletion. Security experts note that ransomware gangs frequently retain or sell data even after receiving payment.

Meridian48 take
This story underscores the risky gamble banks take when trusting cybercriminals, highlighting the need for stronger data protection measures over reliance on ransom payments.
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US bank places trust in ransomware crew that promised to delete its data →
The Register
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