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Hacking & intrusion

Abrigo security incident disrupts Sageworks for three days

First reported · Last reported · 3 related reports

Financial technology company Abrigo's Sageworks risk management application was down for three days following a security incident. Abrigo restored the service that had been interrupted after unusual activity in its environment, except for borrower-facing features. Whether any data was exposed remains under investigation.

Key facts

Affected organization
Abrigo
Incident type
Hacking & intrusion
Occurred / detected
Not confirmed
Scale of damage
Sageworks service outage lasting three days
Cause / method
Not confirmed
Location
United States

Timeline

  1. Abrigo restored the Sageworks application, except for borrower-facing features.
  2. Abrigo confirmed that a data security incident caused the three-day service outage.
  3. The investigation into whether the security incident exposed any data continued.

3 related reports

The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organization’s official statements for accurate details.