Fintech Firm Betterment Confirms Data Breach After Hackers Send Fake $10,000 Crypto Scam Messages

An anonymous reader quotes a report from The Verge: Betterment, a financial app, sent a sketchy-looking notification on Friday asking users to send $10,000 to Bitcoin and Ethereum crypto wallets and promising to "triple your crypto," according to a thread on Reddit. The Betterment account says in an X thread that this was an "unauthorized message" that was sent via a "third-party system." TechCrunch has since confirmed that an undisclosed number of Betterment's customers have had their personal information accessed. "The company said customer names, email and postal addresses, phone numbers, and dates of birth were compromised in the attack," reports TechCrunch. Betterment said it detected the attack on the same day and "immediately revoked the unauthorized access and launched a comprehensive investigation, which is ongoing." The fintech firm also said it has reached out to the customers targeted by the hackers and "advised them to disregard the message." "Our ongoing investigation has continued to demonstrate that no customer accounts were accessed and that no passwords or other log-in credentials were compromised," Betterment wrote in the email.

Read more of this story at Slashdot.