SitusAMC Network Attack Incident: US Financial Giants' Customer Information Security Sounds the Alarm Again

According to TechFlow, a major data security incident has occurred in the US financial industry. Mortgage technology provider SitusAMC was subjected to a cyberattack on November 25th, risking the leakage of a large amount of critical customer information.

The Scale of Affected Institutions Is Astonishing

This incident involves several top banks within the US financial system. Client data from financial giants such as JPMorgan Chase, Citibank, and Morgan Stanley are all under threat. As a key technological infrastructure provider for mortgage lending operations, SitusAMC’s experience highlights the vulnerability of the fintech supply chain.

Industry Deeply Reflects on Data Security

In response to this cyberattack, Ethereum co-founder Vitalik Buterin shared insightful views. He emphasized that “privacy is not a feature, privacy is a fundamental requirement,” directly pointing to the core issue in modern digital finance—user data protection should not be optional but regarded as a basic safeguard.

The incident also serves as a reminder to financial institutions that when relying on third-party technology providers, cybersecurity defenses and data security measures must meet the highest standards.