Wise, a money transfer and fintech company, announced on Friday that some of its customers’ personal data may have been compromised in the recent data breach at Evolve Bank and Trust.
The impact of the Evolve data breach on third-party companies, their customers, and users is still uncertain, with the possibility of affecting companies and startups that are yet to be identified.
Wise stated on their official website that they collaborated with Evolve from 2020 to 2023 to provide USD account details, leading to potential exposure of Wise customers’ personal information due to the recent breach at Evolve.
Wise is in the process of notifying all customers who may have been affected by this breach directly.
The data shared with Evolve by Wise included personal information of U.S. customers such as names, addresses, date of birth, contact details, Social Security numbers, or Employer Identification Numbers. Non-U.S. customers also had another identity document number shared.
The exact number of Wise customers impacted is currently unknown as the company is actively investigating the extent of the breach.
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Wise has not responded to requests for additional information on the number of affected customers.
When contacted by TechCrunch, Evolve declined to comment on the number of partner companies and end users affected by the breach, directing to their official statement on the website.
As per the latest statement, Evolve is actively addressing the cybersecurity incident caused by the LockBit cybercrime gang, clarifying that no evidence suggests customer funds were accessed. However, customer information was compromised, and steps are being taken to notify all affected individuals directly.
Several Evolve partners, including Affirm, EarnIn, Marqeta, Melio, and Mercury, are investigating the impact of the breach on their customers. Branch, another partner, has yet to comment on the situation after notifying a customer.
