Major U.S. Banks Face Data Breach Due to SitusAMC Cyberattack

According to PANews, a cyberattack on SitusAMC, a mortgage technology provider, has potentially compromised client data from major U.S. banks, including JPMorgan Chase, Citigroup, and Morgan Stanley. The company confirmed on Saturday that a threat actor stole data related to several large financial institutions, including accounting records, legal agreements, and some customer information. The extent, nature, and severity of the breach are currently under investigation. Ethereum co-founder Vitalik Buterin commented on the incident, stating, "Privacy is not a feature, but a hygiene habit." His response aligns with his ongoing emphasis this year on viewing privacy as a fundamental requirement of digital systems rather than an additional feature.