Affirm card users’ personal information possibly compromised in Evolve Bank cyber attack, ET CISO

U.S. financial technology firm Affirm Holdings mentioned on Monday that it believes that the personal information of Affirm card users was compromised as a part of Arkansas-based Evolve Bank and Belief’s cybersecurity incident.

Evolve Financial institution is a third-party issuer of Affirm card and final week was a sufferer of a cybersecurity incident that concerned prospects’ knowledge being illegally launched on the darkish internet.

Nevertheless, Affirm – which shares the non-public data of its card customers with Evolve to facilitate the issuance and servicing of the playing cards – confirmed that the corporate’s programs weren’t compromised and Affirm card holders can proceed utilizing their playing cards.

A spokesperson for the Arkansas-based lender mentioned at the moment that they’ve engaged acceptable regulation enforcement companies to assist of their investigation and response efforts.

Affirm additionally mentioned that upon being notified of the Evolve cybersecurity incident, the corporate instantly started an investigation unbiased of Evolve’s investigation to find out whether or not any private data of Affirm card customers had been compromised.

This investigation, together with remediation efforts, is ongoing as of July 1, Affirm added. (Reporting by Pritam Biswas in Bengaluru; Enhancing by Alan Barona)