According to Bleeping Computer, the Sageworks risk management application operated by financial technology company Abrigo was taken offline when irregular activity was detected in its environment. The platform serves borrower-facing functions in addition to internal risk management tools.
Abrigo responded by investigating the issue and subsequently restored the application while excluding borrower-facing capabilities from full access. Only internal risk management features remain operational at this time.
The outage began when irregular activity was identified in Sageworks’ environment. Abrigo carried out an investigation and made changes to address the situation. Following those actions, it restored the application with borrower-facing functions temporarily unavailable.
