US banks scramble to assess data theft after hackers breach financial tech firm


Several U.S. banking giants and mortgage lenders are reportedly scrambling to assess how much of their customers’ data was stolen during a cyberattack on a New York financial technology company earlier this month.

SitusAMC, which provides technology for over a thousand commercial and real estate financiers, confirmed in a statement over the weekend that it had identified a data breach on November 12. The company said that unspecified hackers had stolen corporate data associated with its banking customers’ relationship with SitusAMC, as well as “accounting records and legal agreements” during the cyberattack.

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Source: TechCrunch News


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