CERT24Fintech platform Sageworks taken offline after suspected cyberattackLoading data…

Fintech platform Sageworks taken offline after suspected cyberattack

Financial technology company Abrigo took the Sageworks application offline on October 30 to investigate irregular activity detected in its environment. Most functionality has been restored, but borrower-facing capabilities remained unavailable at the time of the latest update. The nature of the incident has not been disclosed, and it is unclear whether the outage was caused by a breach or a technical issue.

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Fintech platform Sageworks taken offline after suspected cyberattack

Financial technology company Abrigo took the Sageworks application offline on October 30 to investigate irregular activity detected in its environment. Most functionality has been restored, but borrower-facing capabilities remained unavailable at the time of the latest update. The nature of the incident has not been disclosed, and it is unclear whether the outage was caused by a breach or a technical issue.