"The scope, nature and extent of such impact remains under investigation by the Company and its third-party advisors, the company wrote in the statement. The incident is now contained and our services are fully operational. No encrypting malware was involved. SitusAMC said it launched an internal investigation upon becoming aware of the incident and notified federal law enforcement authorities. The company provides services across the mortgage lifecycle, including loan fulfillment, warehouse administration and securities valuations."
"Its technology also touches compliance, underwriting and pricing, among other functions. Major banks such as JPMorgan Chase, Citi and Morgan Stanley were notified by the company, according to The New York Times. Citi and Morgan Stanley declined to comment, while a spokesperson for JPMorgan said the bank had not been hacked directly. While we are working closely with affected organizations and our partners to understand the extent of potential impact, we have identified no operational impact to banking services, FBI Director Kash Patel told the Times."
SitusAMC experienced a cybersecurity incident whose scope, nature and extent remain under investigation by the company and third-party advisors. The incident is contained and services are fully operational, with no encrypting malware involved. SitusAMC launched an internal investigation upon discovery and notified federal law enforcement authorities. The firm provides services across the mortgage lifecycle, including loan fulfillment, warehouse administration and securities valuations, with technology that touches compliance, underwriting and pricing. Major banks including JPMorgan Chase, Citi and Morgan Stanley were notified. JPMorgan reported it was not hacked directly, and the FBI identified no operational impact to banking services.
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