News Summary

• SitusAMC, which provides technology for over a thousand commercial and real estate financiers, confirmed a data breach on November 12.
• The company said that unspecified hackers had stolen corporate data associated with its banking customers’ relationship with the company.
• The scope and nature of the cyberattack “remains under investigation,” the company said.
• It’s unclear how much data was taken, or how many U.S. banking consumers may be affected by the breach.