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TEXXR

Chronicles

The story behind the story

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Wise, Affirm, Mercury, and other companies say they're investigating how a recent ransomware attack by LockBit on Evolve Bank and Trust impacted their customers

The money transfer and fintech company Wise announced on Friday that some of its customers' personal data may have been stolen …

TechCrunch Lorenzo Franceschi-Bicchierai

Discussion

  • @mercury @mercury on x
    We are aware of a cybersecurity attack that breached the security systems of one of our partner banks, Evolve Bank & Trust, which leaked their records, including some account numbers, deposit balances, business owner names, and emails associated with Mercury and other fintech
  • @mikulaja Jason Mikula on x
    Evolve has known their systems were compromised since late May. But it appears they didn't notify impacted fintechs (or end users) until the breach became public last week: [image]
  • @affirm @affirm on x
    As an Affirm Card user, we wanted to alert you of a recent cybersecurity incident at Evolve Bank and Trust, an issuing partner on the Affirm Card (not an originating bank partner for Affirm loans). [image]
  • @mlevchin Max Levchin on x
    Confirming that we were alerted to Evolve Bank's cyber incident late last night. Evolve issues the Affirm Card, so if you don't have one of those, you can ignore this. If you do, we are still investigating, but in short: - your Affirm account is safe - your Affirm card is
  • @mikulaja Jason Mikula on x
    Branch's data breach notification from Evolve hack. Branch powers instant payouts & EWA for numerous firms, including Uber drivers: [image]
  • @mikulaja Jason Mikula on x
    Evolve partner Yotta sends breach notification: [image]
  • @mdudas Mike Dudas on x
    I would simply respond with a cease & desist requesting Evolve Bank stop leaking my PII to the Russians.
  • @immad @immad on x
    @JosephJacks_ This only affects customers on Evolve which are <50%. From what we have verified so far - SSNs, passport/ID cards are not in the data breach for Mercury customers. Account numbers, founder names and emails are unfortunately. Here is our statement:
  • @anshublog Anshu Sharma on x
    Don't DIY PII. It's not wise. https://techcrunch.com/...
  • @cxcarroll Cornelius X. Carroll on x
    The fact that Evolve Bank & Trust is trying to silence a reporter rather than focus on the worst data and security breach in the history of American banking is incredibly damning.
  • @lessin @lessin on x
    I think one of the enduring legacies of the fintech boom of the last few years is that my SSN and license has now been exposed in so many breaches (more every day) that they are truly meaningless... thanks Evolve.
  • @maxtagher Max Tagher on x
    1/ The @Mercury team's #1 priority has been mitigating the impacts of the recent cybersecurity incident on one of our partner banks (we emailed potentially impacted customers on Wednesday). Some customers have asked whether leaked account numbers could be used to steal money from
  • @ddayen David Dayen on x
    Brown, @tammybaldwin, @JohnFetterman and @RonWyden write to Scott Stafford, president and CEO of Evolve Bank and Trust, the partner bank to fintechs that has been entangled with Synapse. Roughly 200,000 fintech depositors have had no access to funds for over a month.
  • @mikulaja Jason Mikula on x
    Just received a cease & desist from Evolve. If people misunderstood my posts to mean that I would share sensitive PII in my reporting, please know that was never my intent. I would not risk exacerbating what's already a difficult time. Also know I plan on continuing my [image]
  • @scott_harkey Scott Harkey on x
    I have been part of countless data breaches over the years, but this @EvolveBank leak has be worried enough that I'm actually taking the step to freeze my credit today. #ProtectYaNeck
  • @mayurzzz Mayur Bhatnagar on x
    Mercury's partner bank — Evolve — got hacked bad. I'm guessing half of the SF tech startup scene and US ecom small businesses use them. This is a clusterF.