US EditionJPMorgan, Citi, Morgan Stanley client data may be exposed by vendor's hack, NYT reports
SitusAMC, serving 1,500 clients including major banks, disclosed a November 12 breach that exposed account records and legal documents, with the FBI investigating the incident.
- On November 12, the New York Times reported that SitusAMC discovered unauthorized access, potentially exposing client data for JPMorgan Chase, Citi, and Morgan Stanley.
- Cybersecurity experts warned vendor dependencies create hidden weak links after hackers stole data from a company used by major Wall Street banks for real-estate loans, highlighting collective resilience needs.
- SitusAMC said the incident had been contained and its services were fully operational, adding no encrypting malware was involved and that it notified law enforcement while analyzing potentially affected data.
- The FBI is investigating the incident and officials said they identified no operational impact to banking services, while several banks declined to comment as investigators assess affected clients.
- Despite heavy cybersecurity spending, large banks remain vulnerable as the SitusAMC hack, which impacted account records and legal agreements, highlights privacy and supply-chain risks.
40 Articles
40 Articles
Wall Street banks scramble to assess fallout from hack of real-estate data firm
By Sean Lyngaas, Evan Perez, CNN (CNN) — Hackers stole a trove of data from a company used by major Wall Street banks for real-estate loans and mortgages, setting off a scramble to determine what was taken and which banks were affected, according to people familiar with the investigation and a statement from the firm. New York-based SitusAMC, which boasts 1,500 clients, said Saturday night that account records and legal agreements related to som…
Wall Street banks scramble to assess fallout from hack of real-estate data firm
By Sean Lyngaas, Evan Perez, CNN (CNN) — Hackers stole a trove of data from a company used by major Wall Street banks for real-estate loans and mortgages, setting off a scramble to determine what was taken and which banks were affected, according to people familiar with the investigation and a statement from the firm. New York-based SitusAMC, which boasts 1,500 clients, said Saturday night that account records and legal agreements related to som…
Coverage Details
Bias Distribution
- 75% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
