The situation around a data breach that’s affected an ever-growing number of fintech companies has gotten even weirder. Evolve Bank & Trust announced last week that it was hacked and confirmed the stolen data has been posted to the dark web. Now Evolve has sent a cease and desist letter to the writer of a […]
Yieldstreet says some of its customers were affected by the Evolve Bank data breach
The alternative investment platform Yieldstreet is the latest company to reveal that its customers were affected by the recent data breach at Evolve Bank and Trust, TechCrunch has exclusively learned. On Tuesday, Yieldstreet spokesperson Clare Burrows confirmed to TechCrunch that “some Yieldstreet customer information may have been impacted” as a consequence of the Evolve breach. […]
Evolve hack fallout continues, fintech M&A heats up and Plaid talks enterprise push
Welcome to TechCrunch Fintech! This week, we’re looking at the Evolve Bank hack, three notable acquisitions, Plaid’s enterprise customer growth and more. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big story On June 26, Evolve Bank & […]
Fintech company Wise says some customers affected by Evolve Bank data breach
The money transfer and fintech company Wise announced on Friday that some of its customers’ personal data may have been stolen in the recent data breach at Evolve Bank and Trust. The news highlights that the fallout from the Evolve data breach on third-party companies — and their customers and users — is still unclear, […]
Startups scramble to assess fallout from Evolve Bank data breach
On Wednesday, Evolve Bank and Trust, a financial institution that’s popular with fintech startups, announced that it had been victim of a cyberattack and data breach that could have affected its partner companies as well. The incident, according to the company’s statement, involved “the data and personal information of some Evolve retail bank customers and […]