Wealthsimple says a recent cybersecurity breach exposed sensitive client information, including Social Insurance Numbers and account numbers.<\/p>\n
The Toronto-based online bank and investment firm says the breach was linked to a compromised software package built by a trusted third-party vendor. The issue was detected on Aug. 30.<\/p>\n
\u201cWe acted quickly, and in a few hours the issue was contained,\u201d the company said in a statement<\/a>. \u201cOur security team, with the help of external experts, immediately began a thorough investigation.\u201d<\/p>\n Wealthsimple says the affected data was accessed only briefly and that all client accounts remain secure.<\/p>\n What wasn\u2019t accessed<\/p>\n No client passwords were compromised, no funds were accessed or stolen, and all accounts remain secure.<\/p>\n What was accessed <\/p>\n Data exposed may include contact details, government ID, account numbers, IP addresses, dates of birth and Social Insurance Numbers (SINs)<\/p>\n The company later confirmed that the incident affected fewer than one per cent of its clients.<\/p>\n Wealthsimple says all impacted users were notified directly by email. Anyone who did not receive a message by 10:30 a.m. ET on Sept. 5 was not affected.<\/p>\n Affected clients are being offered two years of free credit monitoring, dark web surveillance, identity theft protection and insurance.<\/p>\n Wealthsimple also says it has strengthened internal systems since the incident and is encouraging all clients to take these steps to protect their information online:<\/p>\n Enable two-factor authentication (2FA) with an authenticator app for added login securityWatch for phishing attempts: Wealthsimple says it will never ask for passwords, authentication codes or request money transfersAvoid reusing passwords across platformsReport suspicious messages or calls to Wealthsimple support<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Wealthsimple says a recent cybersecurity breach exposed sensitive client information, including Social Insurance Numbers and account numbers. The…\n","protected":false},"author":2,"featured_media":127204,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[712,45,49,48],"class_list":{"0":"post-127203","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-apple-news","9":"tag-business","10":"tag-ca","11":"tag-canada"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/127203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=127203"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/127203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/127204"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=127203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=127203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=127203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}