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Home / Business and Economy / Major Banks Alerted to Data Breach at SitusAMC

Major Banks Alerted to Data Breach at SitusAMC

23 Nov

•

Summary

  • SitusAMC, a technology vendor for lenders, experienced a cyberattack on November 12.
  • JPMorgan Chase, Citi, and Morgan Stanley were notified of the breach.
  • Client data may have been accessed following the incident.
Major Banks Alerted to Data Breach at SitusAMC

SitusAMC, a key technology vendor serving real estate lenders, has reported a significant cyberattack that took place on November 12. The breach has prompted the company to alert several major financial institutions about potential data access.

Among the institutions notified are industry giants JPMorgan Chase, Citi, and Morgan Stanley. These banks have been informed that client data could have been exposed as a result of the incident. The full extent of the data accessed is still under investigation.

This cyberattack highlights ongoing security challenges within the financial and real estate technology sectors. SitusAMC's notification serves as a crucial alert to its partners, emphasizing the need for vigilance and robust cybersecurity measures to protect sensitive client information.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
SitusAMC experienced a cyberattack on November 12, potentially compromising client data.
JPMorgan Chase, Citi, and Morgan Stanley were among the banks notified about the potential data access.
The cyberattack on SitusAMC occurred on November 12.

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