Major US Banks Impacted by SitusAMC Hack

SitusAMC, a real-estate lending and investing solutions provider, reported a data breach affecting major U.S. banks on November 12. The breach involved unauthorized access to corporate data related to clients, including accounting records and legal agreements. SitusAMC is collaborating with law enforcement to investigate the incident and has implemented containment measures, such as resetting credentials and updating firewall rules. No operational impact on banking services has been reported.

Affected banks may include JPMorgan Chase, Citi, and Morgan Stanley. Experts emphasize the need for enhanced vendor risk management to prevent such breaches.