Riverbay Corporation Responds to Data Security Breach with Public Notice

Riverbay Corporation Addresses Data Security Incident



On June 20, 2025, Riverbay Corporation announced a critical data security incident that occurred within its information technology systems. The issue was detected on May 21, when the company noticed unusual activities in its network. In immediate response, Riverbay swiftly isolated its systems and secured its IT infrastructure, ensuring no further unauthorized access could occur.

To thoroughly investigate the incident, Riverbay enlisted the expertise of a third-party cybersecurity firm and promptly alerted law enforcement authorities. The investigation revealed that an unauthorized entity had accessed Riverbay’s systems between April 21 and May 21, 2025. By June 2, Riverbay confirmed that this breach likely involved the unauthorized access to files, which may contain sensitive information regarding Co-op City shareholders, applicants, and employees.

Among the data potentially compromised were names, Social Security numbers, and banking details, which includes bank account and routing numbers. There exists a possibility that personal information of Co-op City residents could have also been accessed, primarily if it had been provided to Riverbay by a shareholder with whom they reside.

In the interest of transparency and consumer protection, Riverbay has taken proactive measures to notify individuals whose information may be involved. As part of their response, the company is offering complimentary memberships to credit monitoring services for affected parties. A toll-free incident response line has been established to better address concerns and queries from individuals seeking further clarity on the situation.

The dedicated incident response line can be reached at 866-461-1672, available Monday through Friday from 9:00 AM to 6:30 PM Eastern Time, while excluding major U.S. holidays. Riverbay has also set up a website, www.coopcity.com, where individuals can access more information about the incident and guidance on protective measures.

In light of the breach, Riverbay encourages all potentially affected individuals to remain vigilant by routinely reviewing their credit reports and bank statements for any unauthorized activities. Those who identify any questionable transactions are strongly advised to contact their financial institutions promptly.

Riverbay Corporation expressed regret over the concerns this incident may raise among its community and stakeholders. To safeguard against future breaches, the company has committed to bolstering its data security measures and enhancing employee training on data protection protocols. These efforts are aimed at restoring trust and ensuring the highest standards of security moving forward.

In conclusion, Riverbay's swift action to isolate the threat and cooperate with cybersecurity experts underscores its commitment to protecting shareholder and employee data. The corporation's ongoing efforts to communicate transparently with the public during this challenging time exemplify its dedication to its stakeholders’ security and peace of mind.

Topics Policy & Public Interest)

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