SitusAMC Cyber Heist: Client Data Gone AWOL, Major Banks on Edge!
SitusAMC, a real estate finance business, discovered thieves sneaked into its systems, swiping confidential client data. The breach, confirmed on November 15, sees the company teaming up with federal law enforcement for a thorough investigation. Despite the cyber-attack, SitusAMC assures its services remain operational and is working to beef up security measures.

Hot Take:
Looks like SitusAMC’s data was like a Black Friday sale – everyone wanted a piece of it! With thieves sneaking in like ninjas in the night, it seems the real estate finance world just got a whole lot more exciting. While the company scrambles to assess the damage, let’s hope these cyber scoundrels don’t start flipping houses too!
Key Points:
- SitusAMC suffered a cyberattack stealing confidential client data including accounting records and legal agreements.
- The attack did not involve encrypting malware, but the full extent of the breach is still under investigation.
- Major banks like Citi, JPMorgan Chase, and Morgan Stanley could be affected.
- SitusAMC has taken measures to secure its systems, including resetting credentials and disabling remote access tools.
- The FBI is involved in the investigation, and SitusAMC’s services remain operational.
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