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breaches incidents
Fintech platform Sageworks taken offline after suspected cyberattack
Abrigo restored its Sageworks risk management application after an outage caused by irregular activity, though borrower-facing capabilities remain offline. The incident affected the fintech platform's availability to its users.
Why it matters: Financial institutions and loan officers relying on Sageworks for risk assessment and borrower management face operational disruption; practitioners should verify backup processes and alternative risk assessment workflows during the restoration period.
- Source published
- First seen by Cybersecurity Tracker