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Bank Info Security 7 months, 3 weeks ago

Major US Banks Gauge Their Exposure to SitusAMC Breach

JP Morgan Chase, Citi and Morgan Stanley Among Banking Customers ImpactedMajor U.S. banks are assessing their exposure to a cybersecurity incident at real estate financial technology company SitusAMC, which disclosed Saturday that a breach may have affected client data. The New York firm uncovered the incident on Nov. 12.

Big companies are getting smaller, and their CEOs want everyone to know it. Wells Fargo has cut its workforce by 23% over five years, Bank of America has shed 88,000 employees since 2010, and Verizon's CEO recently boasted that headcount is "going down all the time." What was once a sign of corporate distress has become a badge of honor, with executives celebrating lean operations and AI-driven

InfoSys McCamish Systems Earlier Alerted 57,000 Bank of America Clients of BreachInfosys McCamish Systems, an insurance software product and services vendor, is notifying nearly 6.1 million people of a 2023 ransomware incident that potentially comprised their sensitive data, including Social Security numbers, medical treatment, and financial and biometric information.

Bank Info Security 2 years, 5 months ago

Hack at Software Services Firm Affects 57,000 BoA Customers

InfoSys McCamish Says Incident Involved BoA's Deferred Compensation Plan CustomersBank of America is notifying more than 57,000 customers that their information, including Social Security numbers, was potentially compromised in a hacking incident last November at Atlanta, Georgia-based insurance software firm InfoSys McCamish. BoA says none of its systems were affected.