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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.
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.
