Number of partners acknowledging data theft continues to rise
The number of financial institutions hit by the breach at Evolve Bank & Trust continues to rise as fintech businesses Wise and Affirm both confirm they have been materially affected.
Evolve is the third-party issuer of the Affirm Card, the company's buy-now-pay-later debit card, and that's how Affirm was pulled into the debacle. It insists that its own systems have not been compromised. The scale of the breach, in terms of exactly how many individuals may have had their data stolen, hasn't yet been confirmed. However, the number of affected users is rising with each day a new Evolve partner discloses a breach.
As of June 28, when Wise's disclosure was last updated, Evolve may not have told the fintech company what data was affected but its updated breach notification confirms SSNs, bank account numbers, and contact information"for most" of its personal banking customers and the customers of its banking partners. Employee data is also thought to be affected.
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