Hackers stole e-mail addresses and different private data from 1.4 million accounts after breaching the programs of automated funding platform Betterment in January.
Betterment supplies a mixture of automated funding instruments and monetary advisory providers and is taken into account a pioneer within the U.S. “robo-advisory” sector. In complete, the fintech agency manages $65 billion in belongings for multiple million prospects.
Whereas Betterment has not disclosed the full variety of affected people, data breach notification service Have I Been Pwned analyzed the stolen knowledge and stated the breach uncovered 1,435,174 accounts, together with e-mail addresses, names, and geographic location knowledge.
The compromised data additionally consists of dates of delivery, bodily addresses, cellphone numbers, system data, employers’ geographic places, and job titles.
Betterment disclosed on January 10 that the menace actors additionally despatched fraudulent emails disguised as an organization promotion after having access to a few of its programs in a social engineering assault, trying to lure focused prospects right into a reward rip-off that claimed to triple the quantity of cryptocurrency despatched to attacker-controlled Bitcoin and Ethereum wallets.
“This isn’t an actual supply and needs to be disregarded. In the event you clicked on the supply notification, it didn’t compromise the security of your Betterment account,” Betterment warned. “The unauthorized entry has been eliminated, and right now now we have no indication that the unauthorized particular person had any entry to Betterment buyer accounts.”
After BleepingComputer reported on January 13 that Betterment was underneath a distributed denial-of-service (DDoS) assault and was being extorted, the corporate confirmed that intermittent web site and cell app outages had been because of a DDoS assault, however has but to share any data on the extortion try.
Earlier this week, Betterment issued one other assertion saying {that a} follow-up forensic investigation, performed in collaboration with the cybersecurity agency CrowdStrike, discovered that no buyer accounts had been compromised within the breach.
“Our forensic investigation, supported by the cybersecurity agency, CrowdStrike, has confirmed that no buyer accounts, passwords, or login data had been compromised as a part of the January 9 incident,” the corporate stated.
“Our evaluation continues to point that the first privateness influence concerned sure buyer contact data, together with names and emails. In a subset of instances, contact data was coupled with different buyer data, comparable to bodily addresses, cellphone numbers, or birthdates.”
A Betterment spokesperson has but to answer after BleepingComputer reached out with questions after the incident.
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