DriveWealth breach exposes data of Revolut customers who traded US stocks

DriveWealth breach exposes data of Revolut customers who traded US stocks

Attackers gained unauthorized access to DriveWealth's network on 4 and 5 September, affecting Revolut (read more here) users who traded US stocks through its broker.

Revolut confirmed that the breach, limited to data from before December 2023 in Europe, impacted some of their customers who used DriveWealth for trading. This includes:

  • Names
  • Email addresses
  • Phone numbers
  • Postal addresses
  • Employment details
  • Country of citizenship
  • Age
  • Gender
  • Partial DriveWealth account number

DriveWealth emphasized that no passwords, payment details, or Revolut accounts were compromised. They have reported the incident to the data protection authority in Lithuania.

Other brokers, including Stake and Hatch, have also experienced similar breaches, exposing portfolio values and cash balances for their customers.

This incident follows another data-related issue at Revolut this month, where scammers impersonated government officials and obtained customer passports. The company, valued at $115 billion, is preparing for a dual listing on the London and New York stock exchanges.

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