Rob Copeland, Stacy Cowley, and Devlin Barrett report:
Some of the nation’s biggest banks were scrambling on Saturday night to assess the fallout from a large-scale hack of a vendor whose compromise could expose sensitive customer data.
The vendor, SitusAMC, has been deployed by hundreds of banks and other lenders to help originate and collect money from real estate loans and mortgages. The company confirmed on Saturday that it had been the subject of a cyberattack on Nov. 12 and that it had spent the better part of two weeks trying to determine exactly what data had been taken.
The data exposed was related to residential loan mortgages, the company said.
Read more at The New York Times.