Wise and Affirm confirm they have been affected by the ransomware attack on Evolve Bank & Trust. The number of financial institutions caught up in the breach continues to rise as fintech businesses Wise and Affirm both confirm they have been materially affected.
Affirm told the SEC that it believes personal data of Affirm Card holders was potentially stolen during LockBit’s cyber-attack on Evole. Evolve is the third-party issuer of the Affirm Card, and that’s how Affirm was pulled into the debacle.
The scale of the security breach hasn’t yet been confirmed, but the number of affected users is rising with each day a new Evolve partner discloses a breach.