Major US Banks Impacted by SitusAMC Hack

A data breach at SitusAMC has impacted major U.S. banks and financial institutions, including JPMorgan Chase, Citi, and Morgan Stanley. The company is investigating the incident and has taken steps to contain it, emphasizing the importance of vendor risk management in cybersecurity. #SitusAMC #DataBreach #JPMorganChase #Citi #MorganStanley

Keypoints

  • SitusAMC experienced a data breach affecting sensitive client and customer information.
  • The incident occurred on November 12 and did not involve encrypting malware.
  • The company is collaborating with law enforcement and has contained the breach.
  • No operational impact to banking services has been reported so far.
  • The breach highlights the need for enhanced vendor risk management and continuous monitoring.

Read More: https://www.securityweek.com/major-us-banks-impacted-by-situsamc-hack/