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Betterment Data Breach: Personal Info Exposed
12 Jan
Summary
- Unauthorized access via social engineering occurred.
- Personal data like names and emails were accessed.
- No passwords were compromised in the breach.
Betterment has disclosed a data security incident that occurred recently when an unauthorized individual gained access to its systems. This breach was facilitated through social engineering, a method that manipulates individuals into divulging confidential information.
The unauthorized access led to the potential compromise of sensitive customer data. This includes details such as names, email addresses, physical addresses, phone numbers, and birthdates. The company is actively investigating to determine the precise scope of the accessed information.
Crucially, Betterment has confirmed that, based on its current investigation, no customer passwords were accessed or compromised during this incident. The company is working to secure its systems and notify affected individuals.
