Financial services firm Wealthsimple discloses data breach

Financial services firm Wealthsimple discloses data breach

Wealthsimple, a Canadian online investment platform, experienced a data breach where attackers accessed personal customer data from less than 1% of users. The company confirmed that funds and passwords remained secure, and has offered identity protection services to affected clients. #Wealthsimple #DataBreach #ShinyHunters

Keypoints

  • Wealthsimple detected a data breach involving personal and financial information in late August.
  • The breach was caused by a compromised third-party software package.
  • Less than 1% of customers were affected, with no funds or passwords stolen.
  • The company provided two years of free credit and dark-web monitoring to impacted users.
  • Initial indications suggested potential links to the recent wave of Salesforce data breaches, but Wealthsimple confirmed it was not related.

Read More: https://www.bleepingcomputer.com/news/security/financial-services-firm-wealthsimple-discloses-data-breach/