Data breach at fintech firm Betterment exposes 1.4 million accounts

Data breach at fintech firm Betterment exposes 1.4 million accounts

Betterment suffered a January breach that exposed personal data from 1,435,174 accounts, including email addresses, names, and other contact and identifying details. Attackers also sent fraudulent promotional emails to solicit cryptocurrency, and a CrowdStrike-supported forensic investigation reported no evidence that customer account credentials were accessed. #Betterment #CrowdStrike

Keypoints

  • Hackers breached Betterment in January, exposing 1,435,174 accounts.
  • Stolen data included emails, names, geographic locations, birthdates, addresses, phone numbers, and device information.
  • Attackers sent fake promotional emails attempting to trick customers into sending cryptocurrency to attacker-controlled wallets.
  • Betterment experienced intermittent outages due to a DDoS attack and reported an associated extortion attempt.
  • A CrowdStrike-supported forensic investigation found no evidence that customer accounts, passwords, or login information were compromised.

Read More: https://www.bleepingcomputer.com/news/security/data-breach-at-fintech-firm-betterment-exposes-14-million-accounts/