Wall Street banks scramble to assess fallout from hack of real-estate data firm

Source: Yahoo! Finance/CNN

Updated Sun, November 23, 2025 at 3:49 PM EST


Hackers stole a trove of data from a company used by major Wall Street banks for real-estate loans and mortgages, setting off a scramble to determine what was taken and which banks were affected, according to people familiar with the investigation and a statement from the firm.

New York-based SitusAMC, which boasts 1,500 clients, said Saturday night that account records and legal agreements related to some of its clients had been impacted in the hack. “The incident is now contained and our services are fully operational,” SitusAMC said. “No encrypting malware was involved.”

The firm discovered the unauthorized access to its systems on November 12 and within a few days was warning customers that they could be affected.

The firm sent a broad batch of notifications to customers, including JPMorgan Chase (JPM) and Citi (C), that their data could be affected by the hack, the sources said. But it was not immediately clear which clients had their information accessed by the hackers. The investigation is ongoing. Spokespeople for JPMorgan Chase and Citi declined to comment on the hack of SitusAMC. It was not immediately clear who was responsible for the hack. The FBI is investigating the incident.

Read more: https://finance.yahoo.com/news/wall-street-banks-scramble-assess-193721034.html