SitusAMC Cyberattack Spurs Bank Data Probes

A cyberattack on SitusAMC, a New York-based financial technology company that processes mortgage and real estate data for major lenders, has prompted several large U.S. banks to investigate potential exposure of their customer information. The breach, discovered on November 12, involved unauthorized access to the company's systems, with attackers stealing corporate data linked to client relationships, including accounting records and legal agreements. Officials said some client customer data may also have been affected, though the full scope remains under investigation.

SitusAMC confirmed the incident in a statement released over the weekend, noting that the breach has been contained and that its platforms continue to operate normally. The company emphasized that no encrypting malware was deployed, indicating the hackers focused on extracting data rather than disrupting operations. Upon detecting the intrusion, SitusAMC launched an internal probe, engaged cybersecurity experts and notified federal law enforcement. "The incident is now contained and our services are fully operational," the company said.

Multiple major financial institutions, including JPMorgan Chase, Citigroup...