In late May, Evolve Bank & Trust identified unauthorized activity in its network. It later learned a ransomware group, LockBit, had gained access when an employee inadvertently clicked on a malicious internet link. Evolve did not pay the ransom; since then, the stolen data has been leaked. Personally identifiable information was compromised and it included names, Social Security numbers, bank account numbers, and contact information such as address and email address. The Evolve breach has had a spillover effect on Evolve’s clients. Affirm Holdings shares Affirm Card users’ personal information (“PI”)with Evolve to facilitate the issuance and servicing of Affirm Cards. Affirm Holdings believes Affirm Card users’ “PI” was compromised as part of Evolve’s cybersecurity incident. Fintech firms Wise and Bilt claim to have been affected as well by the Evolve breach. Wise has informed its customers that they shared full names, addresses, contact details, Social Security numbers, and other sensitive information with Evolve as part of a partnership between 2020 and 2023. It’s been reported that Bilt has notified its customers that its partnership with Evolve may have led to the compromise of sensitive customer information. Evolve is expected to email notifications to all persons confirmed to have been impacted by the incident on July 8, 2024. If you or someone you know receives a notification letter about the data breach and would like additional information about your legal rights, you can contact Goldenberg Schneider, LPA by calling 513-982-1569, sending an email to [email protected] or completing the “Contact Us” form to the right.
Celebrating
25 Years Of Practice
Evolve Bank & Trust (“Evolve”) / Affirm / Wise / Bilt Data Breach Investigation
On Behalf of Goldenberg Schneider, LPA | Jul 8, 2024 | Firm News |
Recent Posts
Archives
- February 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- December 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- January 2021