Fintech platform Sageworks taken offline after suspected cyberattack
Abrigo restores most Sageworks functionality after outage from irregular activity.
Abrigo took the Sageworks risk management application offline on October 30 to investigate suspicious activity detected that day. The outage affected borrower-facing capabilities and continued through the weekend. Most functionality was later restored except borrower-facing features. The company serves more than 2,400 entities including community banks and credit unions. Sensitive information including banking customer details is handled by Sageworks. The incident impacted Online Portal Now, Sageworks Analyst and Sageworks API.
Unconfirmed: Whether the outage was caused by a breach or technical issue
- Outage began at approximately 11:25 am ET on October 30
- Investigation ongoing with no details disclosed
- Earlier claim of 1.7 million Salesforce records by ShinyHunters extortion group
Impact: Disruption to loan processing and borrower access
- 1.Rotate API keys for Sageworks platform
From the original article
2 min read at bleepingcomputer.com
Financial technology company Abrigo has restored its Sageworks risk management application, except for borrower-facing capabilities, following an outage triggered by "irregular activity" in its environment. [...]
By Bill Toulas · bleepingcomputer.com
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