Everest Ransomware Claims Third-Party Data Theft at Citizens Financial and Frost Bank
The Everest ransomware operation claimed it stole data tied to Citizens Financial Group and Frost Bank and threatened to publish the information after listing both institutions on its leak site. Reports said Everest alleged it held nearly 3.4 million Citizens-related records from a SQL database dump and about 250,000 Frost customer records, with sample data purportedly including personal and financial information. The gang gave the organizations a short deadline before release and framed the incident as part of its broader double-extortion campaign.
Both banks said their own internal networks were not directly compromised and attributed the exposure to a third-party vendor. Citizens said the material involved mostly masked test data with only limited real customer information, while Frost said it had brought in external cybersecurity experts to investigate. The activity was linked to Everest, a Russia-linked ransomware-as-a-service group that has previously targeted major enterprises including Nissan, Collins Aerospace, Iberia Airlines, Under Armour, and BMW.

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How this story unfolded
4 events from the most recent confirmed update back to the earliest known activity.
Sefas discloses breach details and 191,848 Frost Bank customers affected
Sefas disclosed a data security incident involving unauthorized access to an SFTP server used for software support, with intermittent file downloads occurring between December 2025 and April 2026. Frost Bank reported to Texas regulators that at least 191,848 individuals were affected, and Sefas said the intrusion did not extend beyond the SFTP server and had ceased after April 16, 2026.
Everest threatens public release of allegedly stolen bank data
Everest's leak-site deadline indicated it would publish the allegedly stolen data from Frost Bank and Citizens Financial Group if its demands were not met. The threatened release date was set for April 26.
Banks say incident stemmed from third-party vendor, not internal networks
Frost Bank and Citizens Financial Group said the exposed data was tied to a third-party vendor rather than a compromise of their own internal systems. Citizens said most of the data was masked test data with limited real customer information, while Frost said it brought in external cybersecurity experts to investigate.
Everest lists Frost Bank and Citizens Financial Group on leak site
On its dark web leak site, the Everest ransomware operation claimed it had breached Frost Bank and Citizens Financial Group, posted sample data, and set a six-day deadline before full publication.
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Sources
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teiss - News - Close to 200,000 Frost Bank customers affected by Sefas security breach
teiss.co.uk
Open sourceExtensive Citizens Financial Group, Frost Bank breaches claimed by Everest ransomware | brief | SC Media
scworld.com
Open sourceHackers target US banking giants Frost Bank and Citizens Bank | Cybernews
cybernews.com
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