The latest one to be recorded is the data breach at Evolve Bank, which exposed the personal information of its customers at Wise. Wise made a statement concerning this on Friday, confirming that data might have been stolen. There is not yet an exact determination of how much effect it had on third-party companies and their users. The cooperation between Wise and Evolve was from 2020 to 2023 and provided USD account details.
In case of a breach by Evolve, it is possible that Wise customers’ personal data was involved. Wise says it will directly notify affected customers. This includes data of U.S. customers shared with Evolve: names, addresses, and Social Security numbers, and that of non-U.S. customers having another identity document number.
Wise continues to investigate what, if anything, was stolen. A Wise spokesperson said their systems had not been breached but they are directly notifying customers that may have been impacted. An Evolve spokesperson would not comment beyond the company’s statement.
Evolve remains at work, responding to the cybersecurity incident. The incident was a ransomware attack perpetrated by the LockBit gang. The breach occurred in May when an employee clicked a malicious link. Evolve claims there is no evidence customer funds were accessed but does acknowledge downloaded customer information.
The company has committed to directly informing every affected individual. Affirm, EarnIn, Marqeta, Melio, and Mercury are all Evolve partners that have been asked to notify their respective customers of the event. The full extent of exposure from the breach has yet to be determined.
